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In May, we wrote about local auto pitchman “Dealin’ Doug” Moreland’s nasty dispute with Erik Osborn, the developer of über-fancy, über-troubled residential tower called One Lincoln Park. Osborn is currently awaiting trial on charges that he funneled money from his many construction projects to pay for his lavish Polo Club lifestyle. Moreland was the biggest investor in the $100 million One Lincoln Park. Considering the slow sales of units, it may be a while before he gets his money back.
But at least he can comb his pompadour and polish his gold rings in style now that he has fulfilled his pledge to buy one of the condos and become Downtown Dealin’ Doug. According to real estate records, Moreland Properties LLC purchased a 4,154 square-foot, 3-bedroom, 3-bath unit on the 28th floor for $2,075,300. NOW, WHO WANTS A GREAT DEAL ON A NEW CAR!!!!
