Breakwater Announces Multi-Million-Dollar Settlement with Grubb & Ellis Real Estate

Commercial Loan Workout Firm Completes Settlement with National Real Estate Company San Diego, CA (PRWEB) December 28, 2011 Breakwater Equity Partners, a consulting firm specializing in commercial loan workouts, announced today its completion of a multi-million dollar settlement with Grubb & Ellis Inc., a leading real estate company, and Lexington Insurance over the Met Center 10 property in Austin, Texas.1 After uncovering an alleged undisclosed structural flaw in the 345,000-square-foot office building, the owners and Breakwater Equity pursued legal action against Grubb & Ellis,
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