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Real Estate
 Marc Stiles Real Estate Editor |
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October 7, 2010
Real Estate Buzz: HomeStreet prepares to sell Cascadia
By MARC STILES
Real Estate Editor
Real Estate Editor
A Bellevue developer's failure to restructure $75 million in debt on Cascadia, the proposed master-planned community in Pierce County, has us wondering what's next for the project and for HomeStreet, the Seattle bank that took the land back late last month.
The short answer is the bank says it will sell the property and then be fine.
. . .
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