Current news for this company:
Buena Vista Custom Homes - Oregon custom home builder
The Portland Business Journal has reported that Oregon-based custom home builder Buena Vista Custom Homes (website: www.buenavistahomes.com — offline) has been "dissolved" by the office of the Oregon Secretary of State. Per the article:
The Lake Oswego homebuilder fell victim to plummeting demand for new homes, which in turn spawned a series of lawsuits and foreclosures, including a $10.7 million judgment in Happy Valley against Buena Vista and its owner, Roger M. Pollock.
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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.