I got my letter from “Pinnacle Lakeside”. They are honouring the contracts with a finish date from 2026- 2028. Based on how they have defined “Unavoidable Delay”, it will make it difficult for those who want out.
Hello,
I am a owner. It has been common knowledge in the development community that Greenland has been shopping this project around for at least the last year because they do not have the money to build. My understanding is they were insisting on a purchaser who would buy the existing...
As a purchaser I feel that if the developer is communicating this the situation is a best worse not better. But everyone should do their own due diligence and if you’re a purchase then I suggest you contact the developer as I did.
So after a few legal threats I finally got someone from Greenland on the phone. The situation appears to be that they need to build a road. The land on which that road is to be built is owned by Greenland and 2 other developers. They have not yet been able to reach and agreement with those...