I spoke to Susan Daly, attorney for Vantage Pointe developer Pointe of View, this afternoon about the potential financing issues I wrote about earlier today.
Daly said Pointe of View is “still in the process,” with preferred lender Wells Fargo, of applying for Fannie Mae approval for the giant condo building.
“As you saw in the news, Fannie Mae recently released new rules and new guidelines,” Daly said. “We’re trying to adjust and deal with new rules as they’re rolling out.”