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Tag Archives: Loan Defaults
MPG Office Trust Announces Disposition of Two California Plaza
MPG Office Trust Announces Disposition of Two California Plaza LOS ANGELES–(BUSINESS WIRE)– MPG Office Trust, Inc. (NYS: MPG) , a Southern California-focused real estate investment trust, announced that a trustee sale was held today with respect to Two California Plaza. As a result … Continue reading
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Tagged Asset Disposition, Business Risks, california, California Plaza, California Real Estate, Central Business District, condos, Core Asset, Dispositions, Estate Investment Trust, homes, Indebtedness, Liquidity Situation, Loan Defaults, Loan Documents, Loan Modification, Management Leasing, Maturities, Mortgage Loan, news, Property Management, Real Estate, real estate business, Real Estate Investment, Real Estate Investment Trust, Real Estate News, Tax Ramifications, townhomes, Trust Inc
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Home-Sales Revisions to Hurt: More Distress in Market
conclusion of benchmark revisions by the National Association of Realtors, after they realized that their numbers were “drifting” from other industry calculations. That drift was caused by a big shift away from For Sale By Owner (FSBO) sales to Realtor … Continue reading
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Tagged Association Of Realtors, Benchmark Revisions, Commerce Department, condos, Delinquent Loans, Depreciation, Distressed Sales, Economic Prediction, Foreclosure, homes, House Price, Housing Market, Likelihood, Loan Defaults, Mortgage, Multiple Listing Services, National Association Of Realtors, news, Organic Sales, Owner Fsbo, Pipelines, Real Estate, real estate business, Real Estate News, Sales Metrics, Sales Volume, townhomes, Upper Bounds
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MPG Office Trust Announces Completion of Plaza Las Fuentes Mezzanine Financing
LOS ANGELES–(BUSINESS WIRE)–MPG Office Trust, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, today announced that it has completed an $11.25 million mezzanine financing secured by the Plaza Las Fuentes office property located in Pasadena, California. Net proceeds from the financing, … Continue reading
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Tagged Asset Disposition, Business Risks, california, California Real Estate, Central Business District, condos, Corporate Purposes, Estate Investment Trust, Fuentes Office, homes, Liquidity Situation, Loan Defaults, Loan Modification, Management Marketing, Mezzanine Financing, Mezzanine Loan, news, Nyse, Prepayment Penalty, Real Estate, real estate business, Real Estate Investment, Real Estate Investment Trust, Real Estate News, Senior Mortgage, Tax Ramifications, Today Announced That, townhomes, Trust Inc
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MPG Office Trust Announces Completion of Plaza Las Fuentes Mezzanine Financing
LOS ANGELES–(BUSINESS WIRE)– MPG Office Trust, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, today announced that it has completed an $11.25 million mezzanine financing secured by the Plaza Las Fuentes office property located in Pasadena, California. Net proceeds from the … Continue reading
Posted in Uncategorized
Tagged Asset Disposition, Business Risks, california, California Real Estate, Central Business District, condos, Corporate Purposes, Estate Investment Trust, Fuentes Office, homes, Liquidity Situation, Loan Defaults, Loan Modification, Management Marketing, Mezzanine Financing, Mezzanine Loan, news, Nyse, Prepayment Penalty, Real Estate, real estate business, Real Estate Investment, Real Estate Investment Trust, Real Estate News, Senior Mortgage, Tax Ramifications, Today Announced That, townhomes, Trust Inc
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MPG Office Trust Stockholders Elect Six Directors at Yesterday’s Annual Meeting
LOS ANGELES, Jun 17, 2011 (BUSINESS WIRE) – MPG Office Trust, Inc. /quotes/zigman/597410/quotes/nls/mpg MPG -7.61% , a Southern California-focused real estate investment trust, today announced that, at its Annual Meeting held yesterday, the Company’s stockholders voted to elect its six … Continue reading
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Tagged Business Risks, california, California Real Estate, Central Business District, condos, Director Nominees, Estate Investment Trust, Garvey, homes, Kpmg Llp, Liquidity Situation, Loan Defaults, M Watson, Management Marketing, news, Property Management, Public Accounting Firm, Quality Office, Real Estate, real estate business, Real Estate Investment, Real Estate Investment Trust, Real Estate News, Southern California Market, Stockholders, Today Announced That, townhomes, Trust Inc, Weinstein
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MPG Office Trust Sets June 16 as Date of 2011 Annual Meeting of Stockholders
LOS ANGELES–(BUSINESS WIRE)–MPG Office Trust, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, announced today the date of its 2011 Annual Meeting of Stockholders. The 2011 Annual Meeting of Stockholders will be held on Thursday, June 16, 2011, at 8:00 am (local … Continue reading
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Tagged Adjournment, Angeles California, Business Risks, california, California Real Estate, Central Business District, condos, Estate Investment Trust, homes, Liquidity Situation, Loan Defaults, Management Marketing, news, Nyse, Omni Los Angeles, Omni Los Angeles Hotel, Postponement, Property Management, Quality Office, Real Estate, real estate business, Real Estate Investment, Real Estate Investment Trust, Real Estate News, Southern California Market, Stockholders, townhomes, Trust Inc, Trust Sets
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