Friday, July 11, 2008

OC Real Estate Moguls
Who needs OC Housewives when you have the real drama unfolding in Santa Ana. Scott Peters resigned from Grubb & Ellis today, likely he was fired. According to this blog (which is really good) Tony Thompson has been highly critical of Grubb & Ellis' performance since he left it in January. He is now trying to get reinstated to Grubb's board of directors. Here is Thompson's letter to Grubb's board that was filed with the SEC. Grubb's board met earlier this week, but made no announcement about Thompson's request. It apparently did decide on Peters.

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