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Mortgages

Bailout helping PNC take over NatCity

After a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial. The $5.6 billion deal raises questions about the government's growing involvement in banking.
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Lender claims M&I Plaza when it fails to sell at auction

A Maryland company has taken ownership of downtown's 28-story M&I Plaza just three months before a major tenant departure leaves the skyscraper 70-percent vacant. The new owner is CapitalSource Inc., a commercial finance and investment firm based in Chevy Chase, Md. It had been a lender to the former owner, which defaulted.
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