What’s New With the East West partners Properties?
As mentioned in my blog, several posts down, East West Partners has filed for Chapter 11. This has put excessive price pressure on the properties in Old Greenwood and Grays Crossing. There are some very good deals, with the associated risk, that are popping up. Shared ownership properties in Old Greenwood are selling for under $30k in some cases. Lots and homes in Grays Crossing are severely depressed from a year or two ago.
If you’re not completely risk adverse, let me know if you want to go check out some homes or land.