Kara Homes, Inc.

• When Developments Falter ; Deposits Not Always Protected

Two years ago, Stephen and Betty Sadow gave Kara Homes Inc. a $117,000 deposit on a new home being built on a hilltop in Mount Arlington in Morris County. Within six months, construction halted and Kara filed for bankruptcy protection. We could not believe we had lost this amount of money," Betty Sadow said recently. "We went from denial to anger.

• The Record, Bergen County, NJ
• June 10, 2008

• Kara Homes, Inc.(Who's news: in construction)(Brief Article)

Elliot Rubinson was appointed vice president of land approvals by Kara Homes, Inc., a East Brunswick-based home building firm. Zudi Karagjozi, preside...

• Real Estate Weekly
• November 12, 2003

• Ad Hoc Group vs. Pacific Lumber Co, (5th Cir. 2007)

... compliance with various laws and rules including its habitat conservation plan, the California Fore...at *2.6 Further: 6 See also Kara Homes, Inc. v. National City Bank, et al. (In re K...

• Federal Circuits

• Kara Homes, Inc.(Who's news: management personnel)(appointed Kevin M. Higgins chief financial officer)(Brief Article)

Kara Homes, Inc. announced that Kevin M. Higgins was appointed as chief financial officer of the firm. Higgins has more than 20 years of experience ...

• Real Estate Weekly
• November 05, 2003

• N.J. Briefs

Kara Homes seeks OK to sell 4 developments TRENTON Kara Homes Inc. is seeking U.S. Bankruptcy Court approval to sell four housing developments in New Jersey to Magyar Bank, subject to higher offers at auction.

• The Record, Bergen County, NJ
• December 19, 2006

• Hard Times for N.J. Builder ; Kara Homes Files for Chapter 11

A New Jersey home builder that grew greatly during the recent housing boom has filed for Chapter 11 bankruptcy protection, and more than 1,000 creditors are lining up in hopes of getting at least some of the nearly $300 million they are owed. Kara Homes Inc. of East Brunswick filed Thursday in federal bankruptcy court in New Jersey, listing $350.2 million in assets and $296.8 million in liabilities.

• The Record, Bergen County, NJ
• October 09, 2006

• Kara Homes Seeks Court Approval On $5m Loan

TRENTON Kara Homes Inc., a New Brunswick-based home builder, is seeking U.S. Bankruptcy Court approval to borrow $5 million from Connecticut-based hedge fund Plainfield Special Situations Master Fund Ltd. Kara Homes already has permission from the Bankruptcy Court overseeing its Chapter 11 case to tap a $2.6 million debtor-in- possession loan from New York investment bank Bear Stearns.

• The Record, Bergen County, NJ
• January 11, 2007

• Hedge Funds Navigate Choppy Seas

After posting flat results in July, the Credit Suisse/Tremont Hedge Fund Index showed a 1.5 percent drop in August, as a widespread sell-off was exacerbated by banks and brokerages reporting declining value in credit investments, triggering a "flight" to quality investments.

... allowed a New Jersey developer to purchase Kara Homes Inc., an East Brunswick, N.J., builder curre...

• Fairfield County Business Journal
• August 21, 2009

• Kara Homes President Zudi Karagjozi Will Speak on WMTR Radio Show 'From Success to Significance' on October 22, 2005.

...In addition, Inc. Magazine recently ranked Kara Homes 38th in its a...

• Business Wire
• October 18, 2005

• Erie County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County Clerk's Office for the week ending July 15. ALDEN

...55 Van Pelt Court, Morgan Homes of Western New York Inc. to Brandi Freiman, $150...Conboy; Mary B. Conboy to Kara M. Calderella, $109,000. 29 Francine Lane, Franz...

• Buffalo News
• August 22, 2011