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MPG sells BankTower to investors

MPG Office Trust (MPG) holds the tallest building on the West Coast — for now. 

The financially struggling BankTower is being sold to investors for $367.5 million.

The Los Angeles-based real estate investment trust has been on a selling spree to reduce debt and stay afloat. 

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Kristen Sieffert leads the reverse mortgage presence at The Gathering 

FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.

3d rendering of a row of luxury townhouses along a street

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