Fazzari v. Infinity Partners, LLC
Court of Appeals of North Carolina
1Opinion of the Court
STEPHENS, Judge.
Procedural History and Factual Background
This appeal arises from the 2007 failure of Grandfather Vistas, a real estate development located in Caldwell County. In 2006, approximately 1,000 acres of land in Caldwell County was purchased for $10.9 million, which Defendants Infinity Partners, LLC; Infinity Real Estate Partners, LLC; Source One Communities LLC; Prudential Source One, LLC; and Peerless Real Estate Services, Inc., 3 planned to develop. The pinchase was financed through a “land banking” program in which the developers sold approximately sixty ten-acre lots for…
2Cases cited16 opinions
- In Re the Appeal From the Civil PenaltySupreme Court of North Carolina · 1989
- Branch Banking and Trust Co. v. ThompsonCourt of Appeals of North Carolina · 1992
- Dallaire v. Bank of America, N.A.Supreme Court of North Carolina · 2014
- Pleasant Valley Promenade v. Lechmere, Inc.Court of Appeals of North Carolina · 1995
- Marcus Bros. Textiles, Inc. v. Price Waterhouse, LLPSupreme Court of North Carolina · 1999
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