Lakes At North Park Denham Springs Home Sales Update Third Filing

Lakes At North Park was fully developed in 2006 as “Crystal Lakes” by a Chicago IL Developer expecting to capitalize on post Hurricane Katrina high demand for homes. Builder’s expectation was grossly out of line with what Denham Springs is – generally an “afforable homes” market where where buyers can buy a lot of home for a lower price. It’s the same reason PCC Homes or Vicknair Homes and then DSLD Home flourished post Katrina and Crystal Lakes floundered. Initially, only 3 high quality, larger model homes were built and Crystal Lakes failed, was a total flop. In approximately late Continue reading Lakes At North Park Denham Springs Home Sales Update Third Filing