Westchester
| Type | Work Out & Asset Management |
|---|---|
| Dates | 1992-1996 |
| Community | 247 Single Family Lots |
| Location | Delray Beach, Florida |
| Partner | Under contract with Capital Bank |
| Lender | Capital Bank |
| Sellout | $3.6 million |
Located in Delray Beach, Interdevco was contracted by Capital Bank as a work-out manager for the completion of the development. The work out included completion of site work and utilities, the sale and closing of 194 lots, and management of the homeowner's association.