0 minute readFailed US real estate investor DBSI presented a liquidation plan to bankruptcy court on Monday that pays less than 20 cents on the dollar for about $800m in claims. DBSI, based in Meridian, Idaho, was a investment firm that specialized in tenant-in-common arrangements and suffered from the crash in commercial real estate that eventually exposed improper uses of corporate cash.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
