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Real Estate Co. CEO Accuses Creditor Of 'Loaning To Own'

By Matt Chiappardi (September 2, 2014, 8:43 PM EDT) -- The CEO of Variant Holding Co. LLC said late Friday that the commercial real estate company's Chapter 11 filing the day before was on the eve of a planned foreclosure sale commenced by major lender Beach Point Capital Management LP, which the chief executive accuses of having a "loan-to-own" strategy....

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