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Even Wealthy Landlords Are Skipping Payments on Office Buildings
- scarface74 4y ago> 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”
- ttyprintk 4y agohttps://archive.ph/mb8l9 https://archive.ph/mb8l9
- fbdab103 4y agoWhat 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?