bakemeacookie
New member
call the bank and request an "orderly transfer"
lol!!! When banks can't pay their bills - they just walk. Individuals do it, they're hounded by bill collectors and can't borrow for years!
sucker americans.
Morgan Stanley to Give Up 5 San Francisco Towers Bought at Peak - Bloomberg.com
Morgan Stanley, the securities firm that spent more than $8 billion on commercial property in 2007, plans to relinquish five San Francisco office buildings to its lender two years after purchasing them from Blackstone Group LP near the top of the market.
c
lol!!! When banks can't pay their bills - they just walk. Individuals do it, they're hounded by bill collectors and can't borrow for years!
sucker americans.
Morgan Stanley to Give Up 5 San Francisco Towers Bought at Peak - Bloomberg.com
Morgan Stanley, the securities firm that spent more than $8 billion on commercial property in 2007, plans to relinquish five San Francisco office buildings to its lender two years after purchasing them from Blackstone Group LP near the top of the market.
The bank has been negotiating an “orderly transfer” of the towers since earlier this year, Alyson Barnes, a Morgan Stanley spokeswoman, said yesterday in a telephone interview. AREA Property Partners will take over the buildings. Barnes declined to say when the transfer will occur.
“This isn’t adefault or foreclosure situation,” Barnes said. “We are going to give them the properties to get out of the loan obligation.”
c

Please Scroll Down to See Forums Below 










