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Economic Update - Maguire Vows to Avoid Bankruptcy PDF Print E-mail
Friday, 14 August 2009 11:20
The question of what to do with commercial buildings weighed down by mid-2000s vintage securitized debt is one that's going to have to be worked through building by building and loan by loan, it seems. But there are going to be some bellwether cases, such as Maguire Properties Inc., which is the process of relinquishing ownership of a portfolio of prominent Los Angeles-area office buildings.




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