Waterstone Resort Realty, LLC owns four condos at Nautilus Cove, 13700 Panama City Beach Parkway, PCB, Fla 32407.Â They have always been a bad neighbor but it seems that finally we will be rid of this firm as Compass Bank of Birmingham AL has now filed foreclosures on all 4 condos for Waterstone not paying them since their July 2008 payment.Â
This firm is also behind on their quarterly association dues at NCC.Â One other item FYI, Waterstone Resort Realty, LLC has now officially changed their name to NCPCB Investments, LLC.Â
You might ask why the name change so late in the game?Â I suspect that when they go bankrupt they don't want this showing up under the Waterstone name as they have a total of 9 'core' LLC firms 7 (now 6) of them with the Waterstone label in the firm name.
So in a few months we can finally bid "Goodby to bad rubbish" with Waterstone/NCPCB finally being only a bad memory.
A new Editorial regarding Nautilus Cove and Waterstone/NCPCB Investments has been added to: