Builder files for bankruptcy
TOUSA Inc, parent company of the builder behind New Tampa’s habitable Oak Preserve, filed Tuesday for Chapter 11 bankruptcy.
The Florida company, which additionally built Pasco County’s Tampa Bay Golf & Country Club, blamed the credit crisis, falling home prices, low consumer confidence and
It promises "trade as usual" as it restructures. TOUSA is the moment builder active in the Tampa area to file for bankruptcy. The first was Levitt & Sons, active in Hernando County.
Original post by tampabaycom
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