That is a discount... Insignia took title to the property for $15 million through a deed in lieu of foreclosure, according to Atlanta real estate research firm Databank Inc. That was almost 70% less than the previous owner paid for the property about six years ago. Insignia secured a $10 million loan from White Oak Assets LLC for the transaction, according to property deeds. https://lnkd.in/eYWrNrZM