Current news for this company:
First Dartmouth Homes - Condos
First Dartmouth Homes, a Tampa condo-builder owned by Frank Maggio, filed for Chapter 11 bankruptcy on December 28, 2007. Per a Tampa Bay Business Journal article:
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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.