From the Bakersfield Californian:
by VANESSA GREGORY and GRETCHEN WENNER
Once-prominent real estate salesman David Crisp last week received two new default notices on the Stockdale Highway offices he bought in April and was named in a lawsuit demanding repayment of more than $160,000.
The Stockdale offices are the latest addition to a growing list of delinquent properties associated with Crisp.
The properties carry first mortgages worth more than $44.2 million and second loans totaling more than $9.3 million
The lawsuit follows others filed by collection agencies in recent months. Two loans totaling nearly $1.9 million taken against the 8800 Stockdale Highway building acked up default notices last week, records show. Crisp, who turned 28 this month, once touted the space as a showcase for a now-defunct giant towers development with Cal State Bakersfield.
The two default notices on the Stockdale building include a $1.37 million loan from Lone Oak Fund LLC and a $505,000 loan from David and Debra Rosenberg of Gardena, public records show. Crisp co-owns the property with George Hawatmeh, a real estate agent in Woodland Hills.
Be sure to read the letter from Chicago Title asking for their money back.