Oh, I'm fully aware of their financial struggles (from not paying contractors, to the family involvement, all the way to the staff, or lack of it!) . However, do they even own the land for the lofts? What I'm hearing is regarding their status with KL, without regard to their financial situation. If they hadn't purchased the land for the lofts from KL yet, then whether they can pull financing off or not, they won't be building them. Their current status from my understanding is to fullfill their current obligations on purchased land and then their relationship with KL is to be terminated. I'd be interested to know what land they do currently own.