InvestorsHub Logo
Followers 20
Posts 1006
Boards Moderated 0
Alias Born 05/24/2010

Re: Realityhurts post# 46328

Thursday, 07/24/2014 2:41:00 PM

Thursday, July 24, 2014 2:41:00 PM

Post# of 54103
Money should come from a Real Estate Loan. They have the land lease and possibly could subordinate the lease payments to the lender. The buildings will be pledge to the loan. They are asking for much less money to build this project now. They have receivables to pledge etc. Lender will also look at Management with Koppelman and Paterson involved this will help IMO. I feel that they can get this done for phase one. The original cost was ridiculous! No Glamour here. Real assets with normal construction loan. Real Deal. IMO






Disclaimer:
These are my personal views and are not to be construed as a recommendation to buy or sell a security. You should rely on your own due-diligence when making investment decisions.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.