Sunday, December 14, 2008

Versant Asheville in trouble... Europe in Asheville needs help

Everyone in construction and real estate has heard of Versant. It is located in the Woodfin area of North Asheville / Buncombe. Word is that they have some debtors that are tired of waiting for their money. This market and holiday season is really hitting all of us bad. For the big plans Versant has, they were trying to break in the market as the market was dying. I am hoping that they get bailed out either by the companies (waiting for their money), or by another investor that wants to take it over. They owe about $3.8 million dollars for several things including $1.7 million in paving and road work.

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