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Myyymannn

03/19/14 11:54 AM

#154775 RE: harvard_88 #154774

Do we know what they actually currently own? If anything?

harvard_88

03/19/14 11:55 AM

#154776 RE: harvard_88 #154774

Here's what was in the PR: "In due course, following its redomestication to Delaware and subsequent (non-bankruptcy) reorganization as National Properties Trust, Mr.Hudson and Mr. Grande will begin to transfer new and existing commercial and residential real estate assets located in Western New York to the company. In addition to it owning and operating real estate that is not associated with the company's affiliates, Mr. Grande and Mr.Hudson intend to use National Properties Trust to own all of the real estate that is owned or that will be acquired by the company's affiliates. Thereafter, the company will aggressively begin to evaluate commercial and residential real estate portfolios for acquisition by the company in Nevada, Florida, Utah, Delaware, Maryland, South Carolina, Illinois, Ohio, Connecticut, and Iowa."