Thursday, November 17, 2011

Van Orsdel Makes a Deal

Des Moines businessman William Van Orsdel is going to pay his four partners in the West Glen Town Center project almost $10-million, to settle part of a lawsuit in which he was accused of alleged fraudulent activities in the management of the development. The Des Moines Register reports Van Orsdel's also giving his partners a priority lien on the sale of his multi-million dollar residence and other properties in Des Moines South of Grant neighborhood.

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