01/13/2005 Issue

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REITs Expected To Snap Up CommonWealth Assets; Cash Could Be Key
By Benjamin Mark Cole

The money is there, borrowers can load up—and so Los Angeles-based CommonWealth Partners LLC has put its entire portfolio of 13 class A office towers in Southern California on the auction block. The portfolio is thought to be worth $1.7 billion or more, a figure that will be rendered by the market once it sells.


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