InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,186.00
(
-0.15%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
85.05
(
0.69%
)
Bitcoin
61,077.02
(
0.43%
)
Post# of 1865
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

actofwill

Send PM Follow Ignore
Followers 0
Posts 46
Boards Moderated 0
Alias Born 04/23/2015

actofwill

Re: Phaedrus77 post# 951

Friday, 03/26/2021 12:54:33 PM

Friday, March 26, 2021 12:54:33 PM

Post# of 1865
Re: hope

https://www.dallasnews.com/business/real-estate/2021/01/08/d-fw-land-rush-takes-off-as-builders-struggle-to-meet-demand/

These are collateralised loans.

If Centurion defaults, which will cross default across the full pool of UDF, UDF will sell off the collateral.

If I would go by hope, Centurion defaulting might be a good thing to get cash back, from an IRR perspective, depending obviously where you got in.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up