Home : Million Dollar Loan : 3 Million Dollar Loan : MSN Newsfeeds : WCI Communities' good fortune runs out as high-end market suffers - Herald Tribune
WCI Communities' good fortune runs out as high-end market suffers - Herald Tribune
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In 2005, at the height of the Florida housing boom, WCI Communities Inc. posted a profit of $186 million and sales of $2.6 billion. Fast forward to the first six months of this year and the company has lost $184 million on $367 million in revenues ...