"An investment group that includes Henry Cisneros’s CityView real estate firm bid more than $2 billion for 11 California office buildings that the state is selling to raise cash."


tvsterling at 13:40 2010-07-25 said:
A really rosy picture but it's really an insider deal & the state will lose a fortune down the road renting buildings it used to own. It's what always happens with these lease back schemes. Of course Schwarzenegger will be safely out of office by then. Permalink

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