Archive for March 13th, 2008

Neumann loses six developments

Neumann Homes has lost control of six developments as a result of bankruptcy proceedings.  The company has been forced to hand over the developments to Residential Funding Co., which is owed more than $92 million.
The developments include three in suburban Chicago, one in Kenosha, WI, and two in suburban Denver.  Neumann Homes will get a […]