Hard Rock Hotel Condos San Diego: Unhappy Investors

This morning I received a call from an investor who had purchased one of the Hard Rock Hotel’s suites in San Diego. The investor sounded very frustrated with the developer and its current policy to not allow outside Realtors to resell properties that current owners want to be sold claiming that this policy is against the property owner’s best interests.

The investor also claimed that the developer, 5th Rock, LLC does not allow any outside Realtors to resell the Hard Rock Hotel Condos in order to avoid any bad publicity from the many unhappy owners who want out of a “bad investment”. The investor also claimed the existence of construction defaults on the top five floors of the Hard Rock Hotel in San Diego.

Keep tuned on this as I will post the story as soon as the investor will provide me with additional information and pictures that according to her prove the construction defaults.

New information and pictures provided by the investor have been posted on Hard Rock Hotel Condos San Diego: Unhappy Investors (Part 2)

UPDATED: 5/2/2008