The U.S. foreclosure crisis has risen to new heights.
Atlanta’s Bank of America Plaza, the tallest tower in the Southeast, is set to be sold at an open outcry auction on the steps of the Fulton County Courthouse today after landlord BentleyForbes missed mortgage payments. It bought the skyscraper in 2006 for $436 million from Bank of America and Cousins Properties in the city’s biggest property deal.
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