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REITInvestor58

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REITInvestor58

Re: Phaedrus77 post# 1383

Monday, 05/23/2022 12:46:44 PM

Monday, May 23, 2022 12:46:44 PM

Post# of 1901
Don’t believe them at all. Huge concentration of assets with Mehrdad/Centurion and a number of projects stalled (with cost of materials and cost of debt way up). There is no reserve for bad debts on what they gave us, nor is there any evidence that loans are booked at anything other than face value.
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