What Happens When Banks Foreclose on Commercial Properties?

In Downtown Los Angeles, at least eight residential projects and one hotel have fallen into bankruptcy. Some of those projects, along with others in the area, have also faced foreclosure — an equally complex process with just as many possible endings.

via Los Angeles Downtown News and Information – LA Downtown News Online > News > The Big Takeover.

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Tom Cornyn

I'm just a regular guy. I eat tires.

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