Before BTCI Part 5 – the Exit of Spratlin Associates (Jan. 1972)

Despite a previous joint venture success of The Liberty Corporation and Spratlin Associates (the development of Huntcliff), Liberty gained control of Bent Tree in December 1971 and Spratlin was no longer associated with the development.  In January 1972, The Liberty Corporation officially severed ties with Spratlin.  Liberty was now not only the owner of Bent Tree, but also the developer, marketer, and management entity (through Liberty Properties Group, Inc.).