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The Lever Reports

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phkrause

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The Failed Developer Behind ICE’s Billion-Dollar Prison Deals

Last summer, business was looking bad for hotshot Boston developer James Grossmann. His flashy new construction company, Rise Construction Management, had begun to spiral into financial ruin. That June, a bank sued Grossmann when he failed to repay a $25 million loan — just one of a mounting number of lawsuits he and his firm were facing from frustrated creditors.

https://www.levernews.com/the-failed-developer-behind-ices-billion-dollar-prison-deals/?

phkrause

When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
  • phkrause changed the title to The Lever Reports

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