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GypsyJan
Nomad
Posts: 489
Registered: 10-29-2013
Location: Baja Coast
Member Is Offline
Mood: "If a dog will not come to you after looking you in the face, examine your conscience." Woodrow W
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Trump and His Baja Resort Fiasco – ‘Just a Giant Hole in the Ground’
http://obrag.org/?p=137570
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Paco Facullo
Super Nomad
Posts: 1301
Registered: 1-21-2017
Location: Here now
Member Is Offline
Mood: Abiding ..........
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BUYER BEWARE !!!!!
This is yet one of thousands of examples of " it's cheaper to rent "
Truth be told EVERYTHING in life is only rented ......
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chippy
Super Nomad
Posts: 1695
Registered: 2-2-2010
Member Is Offline
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And now he´s your president. 
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measomsan
Nomad
Posts: 161
Registered: 9-2-2010
Location: Houston, Cabo
Member Is Offline
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Good Lord, I say I say Good Lord....never been involved in investments like this? my guess. When he put his name on it, that they wanted really
badly it was risky. So he had a way out. And used it. After eight years in Baja don't even think I am new. So If ya hate this guy fine. But what
happened with that investment you have not a clue..
So if Trump Triggers you so be it.
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KaceyJ
Nomad
Posts: 387
Registered: 10-7-2011
Location: there
Member Is Offline
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I heard the contractors couldn't even get close to meeting a timeline and the quality of construction was so sub par and all on top of a faltering
economy he pulled
No , that just couldn't be true for Mexico could it?
So go ahead and make it a personal fault of his as to why it's a hole in the ground
Sounds like good business decision to me but WTH do I know?
Jerks
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mtgoat666
Select Nomad
Posts: 17289
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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When you put your name on the development, it is yours, regardless of whether you directly managed the project. You don't want to own the mistake,
then don't be the name and face of the project!
Typical trump: Blame others for your own mistakes. He obviously is not very good at picking staff or business partners,... just look at the bozos he
hired in the WH, and look at the fact that good people will no longer even interview for all the open positions in his admin.
Sad!
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dorado50
Nomad
Posts: 118
Registered: 12-8-2011
Location: La Jolla, Ca.
Member Is Offline
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Quote: Originally posted by mtgoat666  | When you put your name on the development, it is yours, regardless of whether you directly managed the project. You don't want to own the mistake,
then don't be the name and face of the project!
Typical trump: Blame others for your own mistakes. He obviously is not very good at picking staff or business partners,... just look at the bozos he
hired in the WH, and look at the fact that good people will no longer even interview for all the open positions in his admin.
Sad! |
Sad...yes your statement is very SAD.
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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A fool and his money are soon parted.............apparently the "investors" did not do their due diligence
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woody with a view
PITA Nomad
Posts: 15937
Registered: 11-8-2004
Location: Looking at the Coronado Islands
Member Is Offline
Mood: Everchangin'
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Whats worse the hole in the ground or the environmental disaster that runs 24/365 to the sea right next door? You know, the sewage river....
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bezzell
Nomad
Posts: 329
Registered: 11-30-2014
Member Is Offline
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maybe the russians just didn't have confidence in this development ?
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Osprey
Ultra Nomad
Posts: 3694
Registered: 5-23-2004
Location: Baja Ca. Sur
Member Is Offline
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Grosfeld took over the defunct Cabo Riviera Marina/Golf Club, etc. 800 acres right here in La Ribera, got all the permits and is aggressively building
it out beginning with a LICENSE for the brand Four Seasons of Canada
The first bungalow residences, one unit, single or double floor are for sale for 10 to 15 million DOLLARS EACH.
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Bubba
Senior Nomad
Posts: 957
Registered: 2-17-2009
Location: Pismo Beach, Ca.
Member Is Offline
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| Quote: Originally posted by KaceyJ | I heard the contractors couldn't even get close to meeting a timeline and the quality of construction was so sub par and all on top of a faltering
economy he pulled
No , that just couldn't be true for Mexico could it?
So go ahead and make it a personal fault of his as to why it's a hole in the ground
Sounds like good business decision to me but WTH do I know?
Jerks
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Winner!
Making America Great Again
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TMW
Select Nomad
Posts: 10659
Registered: 9-1-2003
Location: Bakersfield, CA
Member Is Offline
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Who cares. Billionaire Trump screws millionaire buyers because they are too stupid to check things out before buying.
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
Member Is Offline
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| Quote: Originally posted by KaceyJ | I heard the contractors couldn't even get close to meeting a timeline and the quality of construction was so sub par and all on top of a faltering
economy he pulled
No , that just couldn't be true for Mexico could it?
So go ahead and make it a personal fault of his as to why it's a hole in the ground
Sounds like good business decision to me but WTH do I know?
Jerks
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sub par construction???with the exception of some excavation no building ever took place, except for the beautiful sales office thats still there.
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SFandH
Elite Nomad
Posts: 6924
Registered: 8-5-2011
Member Is Offline
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I think it was the drug war followed by the recession that killed sales. It probably would have been built if they pre-sold enough condos.
STUPID location though. Right next to the city's sewage no-treatment plant's outfall into the ocean.
[Edited on 7-11-2017 by SFandH]
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BajaMama
Super Nomad
Posts: 1106
Registered: 10-4-2015
Location: Pleasanton/Punta Chivato
Member Is Offline
Mood: Got Baja fever!!
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Trump's damaging business practices are the reason I hate him so much. He has no ethics and is a scumbag as far as I'm concerned. Smaller
developers, contractors, and sub-contractors go belly up because he refuses to honor contracts. Disgusting excuse of a man.
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windgrrl
Super Nomad
Posts: 1323
Registered: 9-2-2006
Member Is Offline
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| Quote: Originally posted by Osprey | Grosfeld took over the defunct Cabo Riviera Marina/Golf Club, etc. 800 acres right here in La Ribera, got all the permits and is aggressively building
it out beginning with a LICENSE for the brand Four Seasons of Canada
The first bungalow residences, one unit, single or double floor are for sale for 10 to 15 million DOLLARS EACH. |
Looks like the same company of the failed La Riviera is the new vehicle for the 4 Seasons.
Four Seasons Resort and Private Residences Los Cabos at Costa Palmas™ are not owned, developed or sold by Four Seasons Hotels Limited or its
affiliates (Four Seasons). The developer, Desarrolladora La Ribera, S. de R.L. de C.V., uses the Four Seasons trademarks and tradenames under a
license from Four Seasons Hotels Limited. The marks “FOUR SEASONS,” “FOUR SEASONS HOTELS AND RESORTS,” any combination thereof and the Tree
Design are registered trademarks of Four Seasons Hotels Limited in Canada and U.S.A. and of Four Seasons Hotels (Barbados) Ltd. elsewhere.
http://www.eastcapeinbaja.com/La_Ribera/Homes/La_Ribera/Baja...
Fool me once, shame on me. Fool me twice...?
When the way comes to an end, then change. Having changed, you pass through.
~ I-Ching
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chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
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TRW? If they are millionaires, I doubt they are "stupid"
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Barry A.
Select Nomad
Posts: 10007
Registered: 11-30-2003
Location: Redding, Northern CA
Member Is Offline
Mood: optimistic
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Right---certainly not stupid. But gaining success in one field does not assure success in another field. They did not do their homework, and are
paying for it now---millionaire or no.
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AKgringo
Elite Nomad
Posts: 5805
Registered: 9-20-2014
Location: Anchorage, AK (no mas!)
Member Is Offline
Mood: Retireded
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The list of sports figures, movie and music stars, and generations of trust fund millionaires that have been picked clean would indicate that stupid
people can be wealthy!......At least for a while.
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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