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California Homeowners Association Reaches $3.5M Building-Defect Settlement

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REDWOOD CITY, Calif. - After nearly 14 months of mediation, the parties in a construction defects action over water infiltration and damage to a mixed-use building in California came to a $3.5 million settlement on Feb. 8, a source told Mealey Publications (The Park Broadway at Millbrae Homeowners Association v. Millbrae Town Plaza LP, et al., No. CIV 509722, Calif. Super., San Mateo Co.)....(read more)

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