If you live on the east side of Fort Lauderdale, it is certain that you have heard of the new home builder Glenn Wright. Wright is well known for his 2-story "mcmansions" in the Fort Lauderdale neighborhoods of Rio Vista, Victoria Park and Coral Ridge. Wright's grandest project, La Preserve, envisioned to be a luxury gated home community in a natural setting remains unfinished and as the Sun-Sentinel reports; 39 of the 67 homes are in foreclosure.* Wright, a prominent name in home building is facing several lawsuits from angry would-be homeowners, contractors and projects that remain unfinished.* It is reported that Wright's development companies are in the red for more than $100 million. The developer has deeded at least 106 of his company's properties to a private firm that specializes in debt restructuring.* *source: Sun-Sentinel. You can read more of this story in the full article at Sun-Sentinel. Search Fort Lauderdale homes for sale Return to Fort Lauderdale Real Estate home page.