TACOMA: Defaults show why residents are worried
MIKE CANORRO; Tacoma
Re: “More building loans in default” (TNT, 11-5).
Great! Just what we need to read as SoundBuilt Homes Inc. and Gary Racca, along with Northshore Investors LLC, attempt to purchase the 115 acres of what is now a pristine Northshore Golf Course and turn it into a wasteland while they wait for the housing and banking industry to turn around.
I hope someone down at Tacoma City Hall read this article and perhaps might begin to appreciate the stark reality of what awaits the anxious residents of Northeast Tacoma.
