55.7 F
San Diego
Tuesday, Mar 19, 2024
-Advertisement-

San Diego Firm Named Receiver for Phoenix Office Tower

Trigild Inc., a San Diego-based receivership and loan recovery specialist, has been appointed receiver for the 24-story Viad Corporate Center in downtown Phoenix. A Trigild statement, issued March 11, said the firm was appointed by a court after owners of the office tower defaulted on a $65 million loan.

Trigild will oversee the building’s daily operations during the foreclosure process, and the building’s 37 tenants will not be impacted.

The statement said Trigild now manages 150 real estate properties valued at nearly $3 billion, serving as receiver for most of the projects.

— Lou Hirsh

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-