Government
Mar. 11, 2011
Governor's Plan Could Mean Fire Sale
Gov. Brown's plan to shutter redevelopment agencies calls for liquidating massive real estate holdings.
Daily Journal Staff Writer
Real estate portfolios filled with office and apartment buildings, hotels and parking lots might sound like the purview of billionaire investors, but these properties represent just a small sampling of the thousands of assets held by the state's many redevelopment agencies.
Gov. Jerry Brown's proposal to shutter California's 397 redevelopment agencies as of July 1 has touched off an ongoing ...
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