Real Estate/Development
Jan. 15, 2011
Investors Back Off State Building Sale
The controversial sale of 11 state-owned office complexes championed by former Gov. Arnold Schwarzenegger now faces another hurdle as the investor group funding the transaction shows signs of fraying.
Daily Journal Staff Writer
The controversial sale of 11 state-owned office complexes championed by former Gov. Arnold Schwarzenegger, now pending in San Francisco Superior Court, faces a new hurdle as the investor group financing the transaction shows signs of fraying.
At least six investors originally identified by state officials as part of the group financing the $2.3 billion purchase have dropped out of the deal, the Daily Jo...
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