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Prudential Financial, Inc. Message Board

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  • pcalinski pcalinski Jul 29, 2009 12:13 PM Flag

    Any Subsidiaries of Pridential That Make Loans

    Darn, that didn't work out. Here is my problem. The housing development I have lived in for 30 years shares a bike path with a golf course. Residents have been sharing the use of the bike path (and the abuse by the golfers) for over 35 years.

    The golf course found a loophole in the agreement with us that says they no longer have to let us use the bike path if Prudential Insurance has no financial interest in the development. The golf course hired a bunch of lawyers and tracked down every financial interest Prudential had in the development. The last remains were a few mortgages through Prudential that it turns out were paid off long ago.

    Now the golf course has banned us from using the bike path. I was hoping I could find some part of Prudential that would, perhaps, be willing to make a token loan or mortgage to either a home owner or our community corporation.

    It turns out that Prudential Mortgage Company isn't interested in us. Prudential no longer makes residential loans and this group makes loans of like $50M for businesses.

    Anybody have any other ideas?

    Thanks,

    Pete

 
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