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re: BR developer has a history of getting good deals.

Posted on 8/4/17 at 9:44 am to
Posted by Capitalist
Member since May 2014
179 posts
Posted on 8/4/17 at 9:44 am to
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 by doubleb
Baton Rouge
Member since Aug 2006
43078 posts
Posted on 8/4/17 at 9:50 am to
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 by Capitalist
Member since May 2014
179 posts
Posted on 8/4/17 at 9:52 am to
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 by Capitalist
Member since May 2014
179 posts
Posted on 8/4/17 at 9:56 am to
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 by Capitalist
Member since May 2014
179 posts
Posted on 8/4/17 at 10:09 am to
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 by doubleb
Baton Rouge
Member since Aug 2006
43078 posts
Posted on 8/4/17 at 10:18 am to
quote:

I cannot see that anything illegal was done.


No illegality has been proven.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9425 posts
Posted on 8/4/17 at 10:31 am to
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 by BilJ
Member since Sep 2003
163112 posts
Posted on 8/4/17 at 11:07 am to
illegal? Probably not

shady and unethical? You bet

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