RTC Auction: Former bank buildings, mini-malls and...
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RTC Auction: Former bank buildings, mini-malls and office complexes will go on the block today when the Resolution Trust Corp. has its first auction of assets from Home Federal Savings & Loan, the state’s largest thrift failure.
RTC officials said Monday they have received 1,700 inquiries about the sale, which starts at 2 p.m. at the Anaheim Marriott, 700 W. Convention Way.
Eight Home Fed properties, last valued at a total of $14 million, will be sold, including Village Walk Shopping Center in Orange, South Grove Plaza in Garden Grove and Town Square in Los Alamitos.
Assets from other failed thrifts also will be sold. For information, call the auction hot line at (714) 999-1212.
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