Bruce C. Abrams' two real estate worlds -- related but distinct -- will go their separate ways after the death last week of Mr. Abrams, their founder, chairman and only common link.
Prism Financial Corp., a publicly traded mortgage company, becomes an enhanced merger or takeover candidate, while LR Development Co., known primarily for its Gold Coast residential projects, must carry on without Mr. Abrams' restless, visionary personality.
The 38-year-old Mr. Abrams plunged to his death from his East Lake Shore Drive residence Dec. 12 in an apparent suicide.
Prism, a 7-year-old mortgage originator that went public last May, likely will need to find a partner -- a ...