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01/31/10
California investors keep eye on Chandler Elevation case
Filed under: General, Real Estate
Posted by: Lillian Wong @ 3:49 pm

A group of investors in California is paying close attention to the saga of Elevation Chandler, especially a lawsuit by a man who claims he won the property at a trustee sale for $1 million, a fraction of what the site is worth.

 

Elevation Chandler is developer Jeff Cline’s bankrupt 10.6-acre property near the intersection of Loops 101 and 202, containing the eyesore of a partly built, abandoned hotel.  more…



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