14285 W CHRISTY DR SURPRISE, AZ 85379

Stunning executive home in the exclusive Copper Canyon/Mountain Gate community. The gorgeous home features 4 bedrooms, 2.5 baths with 5,888 square feet. Gourmet kitchen with center island, den, over sized loft, formal living room, fabulous entertainment wall, dining room, tile flooring. Lovely staircase leading up to the large master suite retreat with his/her closets and vanities, sunken tub. 3 additional bedrooms are over sized with plush carpet. RV gate. Extended patio that leads out to a magnificent, resort style backyard with a basketball court, built in BBQ area with sitting area and fireplace, and gorgeous sparkling fenced pool. This home also has an exquisite 2 bedroom, 1 bath guest house with an attached 2 car garage. The guest house features a full kitchen, family room and More...

5602 W Park View Ln Glendale AZ 85310

5602 W Park View Ln Glendale AZ 85310 - - A beautiful home that shows true pride of ownership nestled on a large lot (.38 acres) with gorgeous mountain views in the high demand subdivision of Northwood Glen. This is an entertainer's delight with heated pebble tech pool with waterfall & spa, extended patio, Gazebo, built in BBQ, over sized 3 car garage and RV parking/gate. The interior is exquisite with separate formal dining room, family room with fireplace, built-in bookcase, granite counters in kitchen with back splash, eat-in kitchen area with bay window, breakfast bar, tile in all the right places, large master bedroom with wood flooring and walk-in closet, master bath with marble flooring, another bedroom also has an attached bath and separate backyard exit with French doors. This home is in a prime location and a must see!

Phoenix man arrested as part of $110 million Ponzi scheme

Mike Sunnucks Senior Reporter- Phoenix Business Journal

FBI agents arrested the owners of a now-defunct California real estate firm Wednesday, accusing them of running an alleged $110 million Ponzi scheme with Phoenix connections.
Michael Stewart, 66, of Phoenix , and John Packard, 63, of Long Beach, Calif., owned and ran Pacific Property Assets. The Southern California company was established in 1999 with a business model focused on purchases, ownership and sales of apartment complexes in Arizona and California.
They face federal charges of mail, bank and bankruptcy fraud, according to prosecutors. They were indicted on the charges by a federal grand jury last month. They each could face as many as 320 years in prison.
PPA filed for Chapter 11 bankruptcy in 2010. That was later made into Chapter 7 liquidation bankruptcy.
The U.S. Securities & Exchange Commission filed a complaint against the pair in 2012 alleging another company they ran called Apartments America LLC defrauded approximately 650 investors for its Arizona and California real estate purchases. Stewart settled that case with the SEC, according to documents from the regulatory agency.
PPA’s offices are closed. Stewart’s counsel could not be reached for comment. Packard’s California attorney also was not available for comment.

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