Even Wealthy Landlords Are Skipping Payments on Office Buildings
1–4 of 4 posts
Re: Even Wealthy Landlords Are Skipping Payments on Office Buildings
#2> Or not. Last month, Columbia Property Trust defaulted on about $1.7 billion worth of mortgages
“If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem”
Re: Even Wealthy Landlords Are Skipping Payments on Office Buildings
#3Re: Even Wealthy Landlords Are Skipping Payments on Office Buildings
#4What is the largest office building that has been seized by a lender? How do you go about re-selling such a building or does the bank just have to become a landlord and rent it out piece by piece?