| |
|
Sunday, January 28, 2007
|
|
For almost a quarter century, he has sought hefty annual rent increases at his parks, only to be denied time and again. He has bemoaned his low rate of return (he once put it at 5 percent), and has sued cities repeatedly, racking up large legal costs for himself and the cities alike, and becoming deeply unpopular in the process. Now, after a generation of conflict, he has found a way out: condominium conversion.
11:34:30 AM 
|
|
McGautha and Benatar are among a growing number of Bay Area home buyers who are looking to condos and townhouses, which are generally more affordable than single-family homes, to meet their housing needs in the nation's most expensive home-buying market — and fueling what builders and real estate analysts say is a condo and townhouse boom.
11:24:49 AM
|
|
|
© Copyright 2007 Community Associations Network.
Last update: 2/1/2007; 10:14:25 AM.
|
|
|
