Number 509
Subject Developers
Source Business Journal (Portland, Ore.)
Year 1987
Publication Date March 30, 1987
Summary Business Journal story chronicles the rise and fall of a Seattle real estate syndicator who amassed a six-state, $150 million house of cards, investing mainly in apartment buildings which he would use as collateral to purchase more property.
Keywords OR; WA; Mayes; Engle; Wolfson; Mecham; investments; loans
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