Save thousands on your dream home during DeNova Homes' Red Tag Sales Event! Commission and Bonus structure designed to benefit company more than employees, leaving you underpaid. According to the lawsuit, the park district did not do a sufficient level of environmental review of the regional parks potential impacts on future residents of the planned subdivision and the developers adjacent land and corporate office employees less than a mile away. Whom are they paying off? Just keeping the buyers spirits up and pushing time lines along with construction and financing. The Faria project would change the beautiful green hills forever by annexing the property to the City of Pittsburg and locating 1,650 new residences far from jobs, transit, and services. Because Shahid is cooperating with the ongoing FBI investigation, a sentencing date has not yet been scheduled. Building in the wildland urban interface would create new wildfire risks and strain the City of Pittsburgs existing firefighting services. Now discover your perfect home in a DeNova community. We make a lot more than I thought I would make. It makes it easy to go into the sales office everyday and give it your all. If we were to reverse course today, Im not sure how many people, given what happened to Lennar would be willing to come in and participate in a process with Concord, Guy Bjerke, the citys economic development director, said about the prospect of rejecting Seeno and rebooting the search for a master developer. It always felt like your last day wishing that they would end this horrible cycle and you would have a life on the other side. The Faria site is rugged, landslide prone, and badly suited for development, which will only be possible with massive grading. Council members Carlyn Obringer and Laura Hoffmeister, who voted in August to give the job to rival developer Brookfield Properties, joined their colleagues Tuesday to make the Seeno teams selection unanimous. Specifically, the line of credit could be reduced or terminated, or additional collateral would be required to secure the line of credit. The owner of the company might pop into your community occasionally but he is always really humble and tries to blend like a regular buyer. Shahid is the most recent and highest placed individual charged by the U.S. Attorneys Office of the Northern District of California as a result of a wide-ranging investigation by the FBI into mortgage fraud in connection with the sale of homes by DSI and its affiliates. The buyers were not required to possess or post any of their own money when buying a home; DSI, the builders and their affiliates provided money to buyers to make down payments. For more information, please see our, Residence 4 (Duet) - Residence 4 (Duet) | Bay Area Bungalow, Residence 2 - Residence 2 | Spanish Bungalow, Residence 2 - Residence 2 | Traditional Elevation. Discovery Sales was prosecuted as a company. Jim Lees, co-founder of Save La Habra, noted that none of the proposed housing would help La Habra meet state-mandated affordable housing requirements. Accordingly, Shahid instructed DSI employees not to inform appraisers of the incentives being given to buyers. The park district opposed the project. ", "This is to convey our thanks and appreciation for the outstanding services my husband and I have received from Seeno. In its lawsuit, Lennar accused the city of systematically hindering and delaying the project to give time for the anti-development initiative to get passed and to bleed the project dry. Last year, the Seeno team settled a separate lawsuit with the East Bay Regional Park District, which contended the Faria homes would disrupt views of the hills, which can be seen from the. The prosecution is the result of an investigation by the FBI, with assistance from IRS-CI and FHFA-OIG. Seenos Discovery Builders and Faria Land Investors filed suit to stop the new regional park. Even thought they had a number at main office to call. As part of the deal, Seeno promised to build a recreation center in Pittsburg. The project as approved by the city authorizes the development of a major, new residential subdivision on 606 acres of ridgeline and hillside grazing land in what is currently unincorporated Contra Costa County, immediately south of the City of Pittsburg. Concord council doubles down on Seeno companies, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window), Alameda County DAs new policy will reduce prison sentences through widespread elimination of sentencing enhancements, Concord council doubles down on Seeno companies for Naval Weapons Station redevelopment. The 21-year-old golf course near Imperial Highway and South Beach Boulevard is part of the former 915-acre West Coyote oil fields. The project, known as Faria/Southwest Hills, was approved by the Pittsburg City Council last year despite opposition from hundreds of residents. In 3 years I only took 5 days off. Schedule a tour today and take advantage of this limited time opportunity before it's gone. Shahid fraudulently inflated the price of homes purchased by individuals who were unable to pay their mortgages in the long run. In 2018, the companies filed a short-lived lawsuit against the U.S. Navy to stop it from transferring thousands of acres where the new housing community will eventually be built to the city. The . Despite a thorough environmental analysis of the new Regional Parks plans, which include public access for recreation, permanent preservation of the land as natural habitat, and a joint visitor center with the National Park Services that will also honor the Black sailors who died in the massive Port Chicago explosion, Mr. Seenos Discovery Builders and Faria Land Investors filed suit to stop the new regional park. All rights reserved. The judge ordered Seeno to remove things like an air- conditioner. It seems really nave and really irresponsible to think our community would be immune to these same behaviors, said Kat Hannah. Management is not open to suggestions or innovation. Shahid agreed that the losses that resulted from foreclosures or short sales on these homes were approximately $75 million; Fannie Mae and Freddie Mac, which purchased mortgage loans used to pay for Seeno and Discovery Homes, lost almost $3.5 million. When the other team pulled out last year in the wake of a labor dispute, Discovery Builders and the Seeno family returned for another bidding round and won the right to take over the Naval Weapons Station project as master developer. According to Clement, Throughout the East Bay, residents have worked hard to protect our ridges and views, and to defend our parks. I really appreciate having someone take the time to answer questions patiently and without having someone being over persistent on selling me something. It was very hard to have a life outside of Seeno. Citizens approved the measure by a 75% margin. Find out more about salaries and benefits at Discovery and Seeno Homes. Answer: Complaints filed against Appraisers: 45% of Complaints are filed by Lenders, AMCs, and Government Agencies (FHA, Fannie Mae, Freddie Mac, FDIC, OCC, etc.) We all know Seeno runs Pittsburg, and is the areas worst example of environmental consciousness. Last year, the Seeno team settled a separate lawsuit with the East Bay Regional Park District, which contended the Faria homes would disrupt views of the hills, which can be seen from the Concord Naval Weapons Station. Publisher of EastCountyToday and host of several Podcast Shows if you can, please hit the donate button and show support. The Sales Management is sexist and entitled. I really enjoyed working for Seeno Homes, as it was the first builder to hire me with little experience. Seeno, Discovery Builders sue to halt regional, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Alameda County DAs new policy will reduce prison sentences through widespread elimination of sentencing enhancements, Seeno, Discovery Builders sue to halt regional park plan, Navy hands over part of old Concord weapons site for creation of huge regional park, Plan to put 1,500 homes in the Pittsburg hills gets first nod, | East Contra Costa County editor/reporter. Tour 3 Designer Decorated Model Homes Today! All of these defendants have pleaded guilty pursuant to cooperation agreements with the government, except Xiao, who is a fugitive. The extensive grading would increase landslide risks and degrade creeks and streams. All Access Digital offer for just 99 cents! Pittsburg has thousands of housing units already approved but not yet built, including units at Seenos San Marco, Sky Ranch II, Montreux, and Tuscany Meadows projects and now including Faria. Shahid agreed that the losses that resulted from foreclosures or short sales on these homes were approximately $75 million; Fannie Mae and Freddie Mac, which purchased mortgage loans used to pay for Seeno and Discovery Homes, lost almost $3.5 million. Limited time only. The property is between Kirker Pass Road and Highway 4. All Access Digital offer for just 99 cents! Find him taking walks around town; he is always looking for story tips. He previously reported in Contra Costa County and before joining the Bay Area News Group he worked in Eureka and Santa Barbara. Shahid was charged in April 2014 with one count of bank fraud conspiracy and 17 individual counts of bank fraud. Jerome Page: Its not inequality, its envy. That meeting was abruptly canceled for medical reasons involving a council member. Broker cooperation welcome. Copyright 2001-2023 Builders Digital Experience, LLC. An investigation by this newspaper showed that during a 16-month period from 2006 to 2008, Seeno companies opened at least $1.24 billion in construction lines of credit. But he prefers to see it built in existing infill areas. The location is great, close to shopping centers, grocery stores, BART, park and ride, gas stations, and the freeway. Barring any more significant setbacks like those that have long plagued the planned development, the equivalent of a small town of 13,000 homes and millions of square feet in office and retail space could rise from the abandoned 2,300-acre Navy property over the next couple of decades. Part of the councils decision stemmed from a desire to proceed with the project after a long dormancy. The city of Concord could be sued for not following it's own rules, just as Pittsburg is being sued for not following it's own legal guidelines. You don't know who is related to who or why, but favoritism is prevalent. This is what has become known as a builder bailout scheme. IRS delays tax deadline for Bay Area, but California hasn't followed: What should you do? Management was untrained and one ruler ( Ayman) CEO was the last word although this was a love hate relationship. La Habra sued for $100 million for blocking, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), La Habra sued for $100 million for blocking Westridge Golf Club housing project, Lawmakers seek to mend California neighborhoods sliced by highways, Why a new-construction home may cost less than you expect, LA, Orange County home sales crash 43% to record low, Inland Empire home sales crash 45%, 3rd-biggest drop on record, Plans call for 277 houses and 166 townhomes, La Habra council moves to reject plan to turn Westridge Golf Club into homes, public parks, Plan to build 400-plus homes at Westridge Golf Club is alive again in La Habra, Up to 760 Fullerton homes could be built after court refuses to hear appeal of West Coyote Hills project, Fullerton will buy 24 acres of West Coyote Hills to keep them open space, Southern California home sales fall to all-time low, Final bones of 50-year-old Laguna Hills mall are coming down, Teacher at Irvines Beckman High School arrested after recording devices found in restroom, Real snow falls at Disneyland not the fake soapy stuff, Killer keto? 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