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As new homebuilding sinks to record lows nationwide, the effects are trickling down from suburban areas surrounding major cities to more separated, suburban communities, including Sun City Center. ...more
March 4, 2009
Luxury home builder WCI Communities Inc., which has a large project in Tampa, filed for Chapter 11 bankruptcy protection this morning. This comes after the Bonita Springs-based company failed to obtain new financing and some holders of $125 million convertible notes insisted last week on being paid in cash in August. ...more
August 4, 2008
TAMPA - Shares of homebuilder WCI Communities Inc. fell 28 cents by midday today as investors weighed analysts' reports hinting at bankruptcy. ...more
May 9, 2008
Upscale homebuilder WCI Communities Inc. renegotiated loan terms with two banks Wednesday, sending its stock prices higher and setting aside speculation that the company was headed for bankruptcy. ...more
January 17, 2008
WCI Communities Inc., the Florida-based developer of upscale condominiums and homes, said Wednesday it will cut 21 percent of its work force as part of a restructuring spurred by the difficult housing market. ...more
November 7, 2007
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