Started By
Message
re: Saban's 10.95 Million Dollar house on Lake Burton for sale
Posted on 5/25/11 at 1:35 pm to nicholastiger
Posted on 5/25/11 at 1:35 pm to nicholastiger
quote:
Saban getting sued and will probably take a hit on his spinosa investment
Was that the development deal in La.? If so, I think he was just named because he invested...
1
Posted on 5/25/11 at 1:42 pm to NBamaAlum
quote:
Was that the development deal in La.? If so, I think he was just named because he invested...
No, the main focus on Saban was a development in Houston, in which he was initially a 49% partner in. But Spinosa would up taking over as the sole member, so that could save Nick's arse.
The thing in LA is Perkin's Rowe, and the only reason Saban was involved was because the lender knew that Saban and Spinosa were friends, so they tried to get financial info from Saban regarding Spinosa. Obviously, Spinosa's lawyers squashed that.
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News