“Big projects are very capital intensive. As you plan, you pay fees to lawyers, architects, builders and engineers. You pedal down the road, then all of a sudden you’re staring into the barrel of millions in expenses that can go to waste if you aren’t successful.”
– John Murphy, principal in Ricker-Murphy Development LLC, quoted in a story from today’s Chicago Tribune about a fraud indictment against developer Scott K. Toberman.
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