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Message
re: BR developer has a history of getting good deals.
Posted on 8/4/17 at 9:44 am to Capitalist
Posted on 8/4/17 at 9:44 am to Capitalist
For the record: Romanians hate Russians. Romania was allied with Nazi Germany during WW2 and they were co-Belligerants during operation Barbarossa. Romanians and Russians are great enemies. FYI
Posted on 8/4/17 at 9:50 am to Capitalist
quote:
They are very close like relatives via his wife who is also Romanian.
Relatives like BIL? Or just friends of the family?
quote:
Don't know if anything illegal was committed
If there was inside help it would be hard to prove, but it could be that Heck knowingly voted to sell the properties even though it went for far less than what he knew it was worth.
That is what Pupera is supposedly looking at.
But I'm no lawyer, common sense tells me at best Radu is an opportunist and Heck acted unethically.
Posted on 8/4/17 at 9:52 am to Capitalist
That lot is a very nice piece of land and has plenty of room for development. Disagree with the claim that corner lot is worthless and cannot be developed. Plenty of space for development and parking. It is 50,000 square feet. A very nice lot indeed. The other 3 corner lots adjacent (bank, CVS Pharmacy, Woman's Fitness Center) are all zoned commercial.
Posted on 8/4/17 at 9:56 am to doubleb
Radu and Ryan are very close. They either family or very close friends. I don't know for sure the relationship, but I have seen them together at (Romanian) family gatherings.
Posted on 8/4/17 at 10:09 am to Capitalist
I cannot see that anything illegal was done. The auctions were publicly listed in Advocate, just a stupid way to sell land. A lot of land in that neighborhood (large lots with multiple acres) has under sold for what it's true worth is. Inniswold Estates is like a piece of country in the middle of the city that is fast disappearing and being cut up into smaller neighborhoods by developers building on the large lots. Some of the small neighborhoods built on the large lots are very quality gated developments. Some of the folks in that neighborhood lived there all their life and do not realize how valuable their large lot is truly worth. Many of the lots are worth more than the house that sits on the lot.
Posted on 8/4/17 at 10:18 am to Capitalist
quote:
I cannot see that anything illegal was done.
No illegality has been proven.
Posted on 8/4/17 at 10:31 am to Capitalist
quote:
Capitalist
Dormant for two years and then dropping some Romanian family bombshells on the message boards.
Capitalist is definitely someone with some good knowledge of the stuff going on behind the scenes in BTR.
Posted on 8/4/17 at 11:07 am to Capitalist
illegal? Probably not
shady and unethical? You bet
shady and unethical? You bet
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