As you may recall, we placed two California Plaza into special servicing at the end of 2010. We are now on default under that loan. It is premature to speculate as to the outcome on this asset. As to corporate liquidity, we continue to aggressively monitor, and where possible, enhance our corporate cash position. We are prudently managing cash, so that is available for leasing, capital expenditure requirements, and other general corporate purposes.Read the rest of this transcript for free on seekingalpha.com
MPG Office Trust's CEO Discusses Q1 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.