Update on the Bad Deal for the State Involving a Regent
In a previous post, I noted that the state – as part of its efforts to raise cash – wants to sell various state office buildings and then lease them back. A Regent, Hadi Makarechian – as part of a consortium of various investment groups – is one of the buyers. The prior post is at Bad Deal for State Involves a UC Regent [Note: If you have trouble using the link above directly, simply go back to the December 3, 2010 entries for this blog.] Since the prior post went into the reasons why the deal – which is…