Greenlight Re Seeks Recovery in Mortgage Market After Construction, Vehicle, Florida Losses

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After posting a 6.6% loss in May, the fund’s assets dropped to $271 million. fund that was just starting to recover from a whopping 40% loss last year. Lone Pine Capital is overhauling its investor-relations and marketing division.. real estate developer Paul Rahimian, launched the construction-loan fund in July.

The Second Restatement includes the following illustration, pertinent to the. construction lenders take mortgages on the real property; thus, the. privity requirement in warranty claims for economic losses.. 6 Assuming it was practical to seek recovery from a developer, there would be. In re ALB Contracting Co. v.

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the Construction Industry Licensing Board. To request a claim form or to receive more information about the Recovery fund, write or call: Construction Industry Licensing Board 1940 North Monroe Street Tallahassee, Florida 32399-2215 Phone 850.487.1395 If you have questions, or if you want to file a complaint

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The GreenLight Experience is unlike any other. We’re not your typical construction company. We, at GreenLight Construction Group, are very grateful to often be in a position to assist our clients with their needs. We feel a sense of responsibility to give back to those in need.

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Dangerous assets include commercial real estate, motor vehicles and construction equipment. Risk of personal injury and/or property damage is higher with dangerous assets. For example, a truck, by its mere use, has the potential to cause physical harm to its occupant as well as bystanders.