2011-02-10reuters.com

The mortgage on Atlanta's Bank of America Plaza, one of the 10 tallest U.S. buildings, has been transferred to a special servicer as its owner prepares to default on the $363 million mortgage, Fitch Ratings reported.

BentleyForbes, a Los Angeles-based commercial real estate company, bought the property in 2006 for $436 million from a partnership of Bank of America Corp (BAC.N) and Cousins Properties Inc (CUZ.N), a real estate investment trust.


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