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Federal Office Space: Obstacles to Purchasing Commercial Properties From RTC, FDIC, and Others

GGD-92-60 Published: Mar 31, 1992. Publicly Released: Mar 31, 1992.
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Highlights

Pursuant to a congressional request, GAO provided information on: (1) the General Services Administration's (GSA) efforts to consider and purchase buildings and other real property from the Resolution Trust Corporation (RTC) and the Federal Deposit Insurance Corporation (FDIC); and (2) any obstacles that could prevent GSA from purchasing such properties.

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Bank failuresBudget authorityFederal facilitiesInsured commercial banksInteragency relationsProperty disposalReal estate purchasesReal estate salesSavings and loan associationsReal property