Tag Archives: Depressed Market

Firm’s mortgage bailout plan relies on local government seizures

Carlos Barria/Reuters Former San Francisco Mayor Willie Brown and a longtime business partner are among investors in a company drawing criticism for working with local government officials to take over and discount underwater mortgages. The plan gained impetus last month, when … Continue reading

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REAL ESTATE: County gets into office market – Press

The depressed market for office properties in Inland Southern California has created some interesting investment opportunities, and Riverside County has decided it did not want to be left out. The county has purchased two buildings at the Citrus West Business … Continue reading

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