Home › Forums › Closed Forums › Properties or Areas › Spinnaker Waterfront Hotel Downtown in Trouble?
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briansd1.
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October 23, 2009 at 7:38 PM #16547October 23, 2009 at 8:21 PM #472944
briansd1
GuestHere’s another high end in Point Loma w/ an NOD.
I wonder where the equity went.
http://www.sdlookup.com/Property-68B996F7-821_Armada_Terrace_San_Diego_CA_92106
October 23, 2009 at 8:21 PM #473788GuestHere’s another high end in Point Loma w/ an NOD.
I wonder where the equity went.
http://www.sdlookup.com/Property-68B996F7-821_Armada_Terrace_San_Diego_CA_92106
October 23, 2009 at 8:21 PM #473562GuestHere’s another high end in Point Loma w/ an NOD.
I wonder where the equity went.
http://www.sdlookup.com/Property-68B996F7-821_Armada_Terrace_San_Diego_CA_92106
October 23, 2009 at 8:21 PM #473488GuestHere’s another high end in Point Loma w/ an NOD.
I wonder where the equity went.
http://www.sdlookup.com/Property-68B996F7-821_Armada_Terrace_San_Diego_CA_92106
October 23, 2009 at 8:21 PM #473123GuestHere’s another high end in Point Loma w/ an NOD.
I wonder where the equity went.
http://www.sdlookup.com/Property-68B996F7-821_Armada_Terrace_San_Diego_CA_92106
October 23, 2009 at 8:29 PM #473798GuestInteresting City Beat article:
http://www.sdcitybeat.com/cms/story/detail/deal_gone_wrong/7473/
October 23, 2009 at 8:29 PM #472954GuestInteresting City Beat article:
http://www.sdcitybeat.com/cms/story/detail/deal_gone_wrong/7473/
October 23, 2009 at 8:29 PM #473572GuestInteresting City Beat article:
http://www.sdcitybeat.com/cms/story/detail/deal_gone_wrong/7473/
October 23, 2009 at 8:29 PM #473498GuestInteresting City Beat article:
http://www.sdcitybeat.com/cms/story/detail/deal_gone_wrong/7473/
October 23, 2009 at 8:29 PM #473135GuestInteresting City Beat article:
http://www.sdcitybeat.com/cms/story/detail/deal_gone_wrong/7473/
October 23, 2009 at 8:45 PM #472964Guesthttp://www.sdcitybeat.com/cms/story/detail/golden_eggs_in_a_concrete_world/7382/
In May, it appeared something was shaking, when Carpenter and Engle convinced port commissioners to transfer the lease to a pair of low-profile developers, Todd Sabin and Brian Ross. But since then, efforts to gain private financing for the hotel have fallen through for Sabin and Ross, and on Tuesday, port commissioners were poised to rescind the lease-transfer deal they approved in May.
Confused yet? Yeah, me too. In the meantime, Engle and Carpenter secured a tentative deal with the San Diego Convention Center Corp. to give convention officials a year—for $1 million—to determine if the sliver of property can handle both the hotel and a convention center expansion. If so, Engle and Carpenter would be paid $13.5 million for the lease.
Here is a related story by SDUT
http://www.signonsandiego.com/uniontrib/20081104/news_1m4lease.htmlOctober 23, 2009 at 8:45 PM #473808Guesthttp://www.sdcitybeat.com/cms/story/detail/golden_eggs_in_a_concrete_world/7382/
In May, it appeared something was shaking, when Carpenter and Engle convinced port commissioners to transfer the lease to a pair of low-profile developers, Todd Sabin and Brian Ross. But since then, efforts to gain private financing for the hotel have fallen through for Sabin and Ross, and on Tuesday, port commissioners were poised to rescind the lease-transfer deal they approved in May.
Confused yet? Yeah, me too. In the meantime, Engle and Carpenter secured a tentative deal with the San Diego Convention Center Corp. to give convention officials a year—for $1 million—to determine if the sliver of property can handle both the hotel and a convention center expansion. If so, Engle and Carpenter would be paid $13.5 million for the lease.
Here is a related story by SDUT
http://www.signonsandiego.com/uniontrib/20081104/news_1m4lease.htmlOctober 23, 2009 at 8:45 PM #473582Guesthttp://www.sdcitybeat.com/cms/story/detail/golden_eggs_in_a_concrete_world/7382/
In May, it appeared something was shaking, when Carpenter and Engle convinced port commissioners to transfer the lease to a pair of low-profile developers, Todd Sabin and Brian Ross. But since then, efforts to gain private financing for the hotel have fallen through for Sabin and Ross, and on Tuesday, port commissioners were poised to rescind the lease-transfer deal they approved in May.
Confused yet? Yeah, me too. In the meantime, Engle and Carpenter secured a tentative deal with the San Diego Convention Center Corp. to give convention officials a year—for $1 million—to determine if the sliver of property can handle both the hotel and a convention center expansion. If so, Engle and Carpenter would be paid $13.5 million for the lease.
Here is a related story by SDUT
http://www.signonsandiego.com/uniontrib/20081104/news_1m4lease.htmlOctober 23, 2009 at 8:45 PM #473508Guesthttp://www.sdcitybeat.com/cms/story/detail/golden_eggs_in_a_concrete_world/7382/
In May, it appeared something was shaking, when Carpenter and Engle convinced port commissioners to transfer the lease to a pair of low-profile developers, Todd Sabin and Brian Ross. But since then, efforts to gain private financing for the hotel have fallen through for Sabin and Ross, and on Tuesday, port commissioners were poised to rescind the lease-transfer deal they approved in May.
Confused yet? Yeah, me too. In the meantime, Engle and Carpenter secured a tentative deal with the San Diego Convention Center Corp. to give convention officials a year—for $1 million—to determine if the sliver of property can handle both the hotel and a convention center expansion. If so, Engle and Carpenter would be paid $13.5 million for the lease.
Here is a related story by SDUT
http://www.signonsandiego.com/uniontrib/20081104/news_1m4lease.html -
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