Largest Real Estate Default, EVER!
By: Myles, January 26th, 2010
The largest real estate deal ever has failed. The question is, what’s next?
On Monday, January 25, 2010 — Tishman Speyer BlackRock, one of America’s largest commercial property owners, threw in the towel.
They sent their $5.3 billion investment in 11,000 apartments in New York back to their bankers – the same way some homeowners are mailing […]
Tags: Real Estate Defaults
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