by Calculated Risk on 2/05/2010 08:15:00 PM
Friday, February 05, 2010
Mortgage Bankers Association Half Off Sale
From the WaPo: Mortgage bankers group sells D.C. offices to Bethesda company (ht John, Ann)
The Mortgage Bankers Association ... fell victim to the collapse of the market and sold its $90 million headquarters in downtown Washington on Friday for $41 million.Sounds like they were drinking their own Kool-Aid!
...
The Mortgage Bankers Association moved into the building in 2008 just as the real estate market was crashing ...