Master Planned Communities - Southern California
Twenty four master planned communities in various stages of development
Situation:
RADCO was engaged by a major institution with over $2 billion
invested in 24 master planned communities located in Southern
California to evaluate each community's entitlement status,
determine work necessary to preserve existing entitlements
and negotiate over $100 million of third party claims.
RADCO Development Solutions Plan:
We immediately settled all liens and bond claims and efficiently
managed the litigation process for claimants while continuing
with entitlement work and preserving the value of the underlying
communities.
Success:
We settled approximately 300 claims with an average savings
of approximately 40 cents on the dollar and successfully managed
the litigation process for claimants who would not settle.
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