04-28-2011, 06:33 AM
I doubt much cash was raised. Lou Mascaro has owned this property for some time. The land is probably his equity/the bank's collateral for the construction loan. Probably not very efficient to monetize it in this kind of market.
Looks like construction is now pushed back to Spring 2012:
http://www.libertybellmp.com/index_htm_f...elease.pdf
Looks like construction is now pushed back to Spring 2012:
http://www.libertybellmp.com/index_htm_f...elease.pdf
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Chris Barone
2008 Cayman S
1986 951 Black
1986 911 Coupe
1986 951 Guards Red, what else. RIP 10/17/2009
1996 911 Coupe
Chris Barone
2008 Cayman S
1986 951 Black
1986 911 Coupe
1986 951 Guards Red, what else. RIP 10/17/2009
1996 911 Coupe