'It is clear from the review of even the most optimistic projections, that while the project overall could continue to function, benefits would accrue generously to the senior lender and the project developer, but rental revenues to the county would barely cover the current county debt on the project in the short term. Meanwhile, Montgomery County Chief Financial Officer Uri Monson wrote in a letter the private lenders Anania and Axis Advisors, regarding the future of the Logan Square project: Scott Rifkin contacts Josh Shapiro via email stating that he “understands the county is interested in selling Parkhouse” and expresses an interest in buying it.
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