Current news for this company:
Barclays North - Developer
The Seattle Times reports that Barclays North is closing up shop on July 4th. The article notes that at peak, Barclays North had sales revenue of $45 million. Per the article:
The article goes on to note that the company continues to hold a 275-unit condo building in downtown Vegas.
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Important: This company is on our list of builder operations that have "imploded" (see also ailing lenders). This is a somewhat subjective call, and does not necessarily mean total shutdown or bankruptcy. It can also mean steep and rapid declines in enterprise value; or abnormal "bail-out" by corporate parents or peers in order to continue to operate. The builders may be residential or commercial.