I’ve been covering this story for months and it just keeps getting uglier.
I wrote a few months ago about the fall of real estate developer Laurence Gluck and the unhappy residents of the AQUA apartment complex at 4750 Lincoln Blvd, Marina Del Rey, CA 90292.
Aqua was formerly Marina Terrace & Archstone & Fiji Villas & Chateau Marina.
Aqua is managed and owned by BRE Properties.
An unhappy tenant emails me: “There have been 4-5 break-ins to units and cars just over the last 2 weeks and BRE will not increase Security. One tenant had his remote stolen during the theft and BRE wanted to charge him $50 to replace it. When he got upset he was then brought into the office and lectured by our very unpleasant
Assistant Manager on how to treat people. Two other tenants…just last week…had their personal belongings stolen off their first floor
balconies. And a crowbar was used to break in to a unit on Monday. I have seen a student crying because of how she was treated and an elderly man being completely ignored and blown off. Read On
And other housing news below:
- JP Morgan Gets The Best Press
- Rising Interest Rates Slow Refinancing
- California Settles With Countrywide
- Skipping Mortgage Payments But Staying In Their Homes
- The Case For Mortgage Reform
- Mixed News On Housing
- Prepare For More Rigorous Screening Of Your Credit When You Apply For A Mortgage
- Mortgages up to $729,750 receive government backing
- A Way Forward For The Mortgage Market
- A New Model For Rating Mortgage Securities
- 1.76 Million Mortgages Modified In 2010
- Equity Sharing As A Solution To The Mortgage Crisis
- Mortgage Putbacks
- When Does It Make Sense To Walk Away From Your Home?
- What Is Securitization?
- Some Banks Ease Standards For Business Loans
January 31, 2011
- Fannie Mae, Freddie Mac Are Unlikely To Be Privatized
- When Are We Going To Get Some Mortgage Reform?
- What’s So Special About The 30-Year Fixed Rate Mortgage?