GRAND RAPIDS, Mich. (WOOD) — In several pricey neighborhoods around Kent County, half-built dream homes sit abandoned, and the families who invested in them are devastated.
The builder, Infiniti Custom Homes, is under investigation for allegedly ripping off home buyers and subcontractors.
The Kent County Sheriff’s Department told News 8 it’s investigating three complaints against Infiniti and its owners, Rich and Stacey Rendon.
The department requested that anyone impacted by Infiniti’s alleged wrongdoing call Detective Postma at 616.632.6488.
Rich and Stacey Rendon started Infiniti in 2006 and earned a solid reputation as a builder of luxury homes, even winning awards in the Parade Of Homes.
But last Spring, the company began to falter.
On Oct. 15, Rich Rendon filed for bankruptcy under Chapter 7, claiming debts of $3.2 million.
Of that, $1,186,000 is owed to seven different buyers whose dream homes Infiniti was supposed to be building.
In a luxury development near 4 Mile Road and Egypt Valley Avenue NE, there’s a half-built home on one street and a foundation on another.
A realtor told News 8 five families that paid Infiniti to build in the development have learned the company failed to use draws from construction loans to pay subcontractors.
In a quaint neighborhood near downtown Ada, construction on another home was halted seven or eight weeks ago.
South of 84th Street and east of the Thornapple River, an Infiniti…
