I decided this evening to check out the Loreto Bay News site (http://www.loretobaynews.com) in case they had any updates and noticed that a new FAQ link was posted in the top right of the website.
The questions are ones I think are most pressing to Loreto Bay homeowners.
The answers seem to reinforce that Loreto Bay is in maintenance mode until a buyer or additional equity source is found. The answers are quick to note that decisions about the operation of Loreto Bay will be determined by the new buyer. I think this is the responsible response to have as the current management was clearly put in place for the interim.
I think we can all breath a little better when a new buyer is found. In the meantime, with a group of a couple hundred homeowners, we do have a community forming of talented and pioneering folks.