In the News
- Pressure Mounts on Developer Saunders
As a local developer tries to assure his property owners that his business is legit, the complaints and lawsuits against him continue to pile up.
- Date Posted: 02/08/2010 | Full Article
- Brunswick County developer sued for fraud
Disgruntled property owners are accusing a major local developer of orchestrating a fraud scheme that netted him hundreds of millions of dollars and left them paying mortgages on unbuildable land.
- Date Posted: 12/22/2009 | Full Article
- Property Owners file Suit against San Rio Developers
More than 50 lot owners at the now-stalled San Rio Ocean and River Club development have filed suit against developers, claiming they breached contracts with owners and misrepresented the community when they failed to install necessary development infrastructure.
- Date Posted: 10/21/2009 | Full Article
- Brunswick County's stalled develpments' problems level off, officials say
- Though some work is under way now on stalled developments in Brunswick County, problems still plague the somewhat lifeless land. Dozens of planned developments slowed or stalled when the economy took a nose dive, leaving them in a zombie state: not quite dead, but nowhere close to finished.
- Date Posted: 09/02/2009 | Full Article
- San Rio lot owners to sue developer over unfinished Shallotte subdivision
- A group of angry property owners is going after a major developer over a stalled Caribbean-theme subdivision once planned to contain 2,000 homes.
- Date Posted: 07/27/2009 | Full Article
- Developer, county settle on delinquent tax payments, infrastructure requirements
- Brunswick County officials and developer Mark Saunders have reached an agreement on delinquent taxes and infrastructure performance guarantees.
- Date Posted: 07/09/2009 | Full Article
- Deal gives Brunswick County developer new set of deadlines
- Brunswick County and a local subdivision developer have agreed on a schedule for completing basic infrastructure on several stalled projects.
- Date Posted: 07/08/2009 | Full Article
- Judge refuses to close BB&T whistleblower case
- An administrative law judge has rejected a bank's request to close a federal hearing involving a former BB&T investigator who says she was fired after exposing a North Carolina development scam that cost the banking giant millions of dollars.
- Date Posted: 06/01/2009 | Full Article
- Zombie zones - Stalled housing sites litter local landscape
- Dozens of planned developments in Brunswick County slowed or stalled when the economy took a nose dive, leaving them in a zombie state: not quite dead, but nowhere close to finished.
- Date Posted: 05/23/2009 | Full Article
- Brunswick coffers feel pain from stalled development
- Subdivision pioneers who bought early are not the only ones feeling the sting of Zombie developments.
- Date Posted: 05/23/2009 | Full Article
- Brunswick County says big builder in default
- Brunswick County has declared one of the county's largest developers in default of development agreements and has filed attachments on the developer's bank accounts to collect $1.3 million in unpaid taxes.
- Date Posted: 05/21/2009 | Full Article
- Brunswick commissioners delay vote that could revive stalled subdivision
Brunswick County’s Board of Commissioners on Monday delayed voting on an agreement that a local developer believes would get a stalled subdivision moving.
- Date Posted: 09/21/2009 | Full Article