Articles About LA
- 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 […]