Recently the biggest landlord office in Los Angeles, California has claimed that they have reduced their debts and they have stored some cash. Nevertheless lot of work should be done before the company will become profitable again. The company which is famous for it’s skyscrapers has finished the year with profits only because they sold some of the buildings.
This is the largest landlord company in LA which owns many prominent building all over the country – Denver, San Diego and etc.
The president was really happy to announce that the staff managed to cut down the debts and to improve the company’s position.
The firm got into debts some years ago, but when the new president came, he started the aggressive politics to expand and to buy more property. But the nest president tries to get rid of all acquisitions made before and he sold lots of assets and made the company leave the part of the debt.
During the hard years of crisis the firm lowed the rent in their buildings and in such a way improves the situation inside the company. The current president is full of optimism that the worse is over.
This is the largest landlord company in LA which owns many prominent building all over the country – Denver, San Diego and etc.
The president was really happy to announce that the staff managed to cut down the debts and to improve the company’s position.
The firm got into debts some years ago, but when the new president came, he started the aggressive politics to expand and to buy more property. But the nest president tries to get rid of all acquisitions made before and he sold lots of assets and made the company leave the part of the debt.
During the hard years of crisis the firm lowed the rent in their buildings and in such a way improves the situation inside the company. The current president is full of optimism that the worse is over.
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