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Media Coverage
The Vancouver Sun, June 6, 2009 Existing inventory on the block in stalled development The developer of the stalled Rise community in the Okanagan has decided to liquidate existing inventory in completed neighbourhoods. The 735-acre development is for sale and is operating under the protection from creditors of the Companies Creditors Arrangement Act. "With the financial situation the developer is in at The Rise, now is the time for great deals,'' says Greg Lowe, of Land Launch, which will conduct the liquidation. ''A new owner, is not likely to be as motivated to offer large discounts." For additional information regarding the project, click on the logo:
Reprinted from The Vancouver Sun |







