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Post# of 54103
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michaelstl

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michaelstl

Re: Gary A 1 post# 30665

Saturday, 05/31/2014 5:40:22 PM

Saturday, May 31, 2014 5:40:22 PM

Post# of 54103
I don't think that the lender would have the Land just the subordinated lease payments pledge. IMO
The land was appraised at approx. 22 MIL I think I remember that.
The land lease was for 10 MIL over 20 years. IMO
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