"Maine Business" piece reporting that Pamela Gleichman, of Portland-based Gleich

    Source

    Mainebiz

    Date

    6-23-2003

    Pages

    10, 12

    Abstract

    "Maine Business" piece reporting that Pamela Gleichman, of Portland-based Gleichman & Co., has denied in U.S. District Court in Bangor that she has defaulted on a $1.2 million federal loan on a public housing project in Southwest Harbor. If the government wins the case, Gleichman would have 90 days to pay off the entire loan balance, now $1.44 million, or lose the 23-unit housing complex. In 1994, Gleichman agreed to a three-year ban on receiving federal housing funds because of government allegations that she had falsified loan documents, and last fall Rural Development foreclosed on her 24-unit housing development in Washburn.

    Subjects

    Real estate developers, Gleichman, Pamela W

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