Even Wealthy Landlords Are Skipping Payments on Office Buildingsbloomberg.com 18 pointsnewmac3 years ago3 commentsSaveHideCopy link On HNComments−scarface743yOr 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”−ttyprintk3yhttps://archive.ph/mb8l9−fbdab1033yWhat 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?
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“If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem”
https://archive.ph/mb8l9
What 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?