Few details were available when it was revealed in April that developers Caves Valley Partners and Scott Plank’s War Horse LLC had ended their development agreement on Cross Street Market. Arsh Mirmiran, a partner at Towson-based Caves Valley, now says Plank decided to step away from the project after seeing that he may not be able to profit as much as he had originally expected. “When we got down the line and analyzed the heck out of the project, the return on the project was not really viable…
from http://www.bizjournals.com/baltimore/blog/real-estate/2016/06/exclusive-caves-valley-exec-explains-why-scott.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/146553613897
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