America's Newest Land Baron: FDIC

by Benjamin Domenech on 10:43 am November 17, 2009

“For more than a year, FDIC has been seeking a buyer for 36 partially built condos it inherited from a high-flying, short-lived Atlanta bank… fending off vandals, haggling with architects and uncovering the developer’s blunders, all in a bid to dispose of this condo project, just one of the 2,554 foreclosed assets on its books.”

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