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🙂 Yes, but I wouldn’t be surprised if there wasn’t an agreement to relinquish their crowns of gold filled with precious stones in the hereafter for bags of cash in the herenow.
I do not doubt that there is a considerable profit margin for all three who initially began this land development and I am all for the entrepreneurs making a profit, as long as I don’t lose my investment, after all, how many of us can honestly state that even if our intent is to move to Costa Rica, we still hope to make money on our investment in the piece of paradise we are wanting??Thank you for your information….Paul Iwankowski…he is one of three names I am aware of who owns Coastal Properties which is the company that owns the land, or so I have been told, the other two partners are Carlos Hernandez of Facio Law Firm in Costa Rica and Steve Halfhill a lawyer in the Arlington area.
I have also been told that the court action in the following link in which I saw P. Iwankoski’s name was settled out of court and pertained more the SEC claiming that the “investers” were buying stock and not LLC. or something of that nature.
It does look as if some type of misrepresetation on the part of some was less than forthright from my understanding of the legal language. It also is nearly ten years ago and it would appear that the “investers” reached a settlement.
Does anyone else have any information to support or share concerning the Wellington group??Thank you for your information….I read thru all your links with great interest but the only name I reconized was Paul Iwankowski…he is one of three names I am aware of who owns Coastal Properties which is the company that owns the land, or so I have been told, the other two partners are Carlos Hernandez of Facio Law Firm in Costa Rica and Steve Halfhill a lawyer in the Arlington area.
I have also been told that the court action in the following link in which I saw P. Iwankoski’s name was settled out of court and pertained more the SEC claiming that the “investers” were buying stock and not LLC. or something of that nature.
It does look as if some type of misrepresetation on the part of some was less than forthright from my understanding of the legal language. It also is nearly ten years ago and it would appear that the “investers” reached a settlement.
Does anyone else have any information to support or share concerning the Wellington group??I am a “newby” to this forum and site. I came across it in an attempt to gain more information into purchasing land and hopefully moving to Costa Rica. I read with great interest about Costa Developers since I have had some dealings with them. I also found them very pushing and am now talking to the Wellington Assset Management Company. Wellington is the developer behind Columbus Heights as well as Vista Pacifica Heights. Costa Developers have the projects Esterillos and Reserva. I am trying to ascertain the credentials in country of the players involved in these projects, paticular Wellington as I have moved on from Costa-Developers. Stewart Title Co. I know of, the law firm being used is Facio, supposedly very reputable, does any one know??
Edited on Feb 05, 2007 16:58
I am a “newby” to this forum and site. I came across it in an attempt to gain more information into purchasing land and hopefully moving to Costa Rica. I read with great interest about Costa Developers since I have had some dealings with them. I also found them very pushing and am now talking to the Wellington Assset Management Company. Wellington is the developer behind Columbus Hieghts as well as Vista Pacifica Hieghts. Costa Developers have the projects Esterillos and Reserva. I am trying to ascertain the credentials in country of the players involved in these projects, paticular Wellington as I have moved on from Costa-Developers. Stewart Title Co. I know of, the law firm being used is Facio, supposedly very reputable, does any one know??
