Homebuilder Bridgewater sues land developer J-25 over contracted lots
Editor’s note: The attorney for Bridgewater Homes returned BizWest’s call, referenced near the end of this story, several days after this report was published. He was unable to elaborate further on the case.
JOHNSTOWN — Loveland-based Bridgewater Homes LLC has sued J-25 Land Holdings LLC, a company organized in Delaware but with headquarters in Scottsdale, Arizona, claiming that J-25’s failure to sell “finished lots” to Bridgewater breached a contract and resulted in damages to the homebuilder.
The lawsuit, filed May 18, alleged that J-25 agreed to sell 82 finished lots in Johnstown to Bridgewater for $6.97 million.
The locations and sizes of…
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