We continue to be optimistic in our efforts to restructure the financing for the Terramesa properties. As we mentioned in last month’s memo, some elements of the negotiations for restructuring might include legal notices. It is likely this will occur for the Texas properties this week. We’ll share more information as we move forward. Thank you all for your patience as we work diligently to restructure the financing for these wonderful communities.
To read the original memo CLICK HERE.
