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Loan Modification

: Mortgage Lender Implode-o-Meter

Morgan Stanley to Give Up 5 San Francisco Towers Bought at Peak

By Implode-Explode Heavy Industries

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" - 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."

Full post as published by Mortgage Lender Implode-o-Meter on December 17, 2009 (boomark / email).

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