Articles About Failed Banks

Author:
Sam Gould
Posted:
06.26.2009

FDIC Walking Away from Leases of Failed Banks

Troubled Los Angeles-based office REIT Maguire Properties is facing default and currently is in discussions with a special servicer to resolve its financial woes.  The goal is to have the special servicer take over Maguire’s $106 million CMBS financing covering the Quintana office campus it owns in Orange County, CA.  The campus’s major tenant was […]

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