Thursday, December 08, 2022 11:22:12 AM
- to underwrite the purchase of the land will require a HUGE equity slug from buyer.
- construction financing will require a HUGE equity slug from the buyer.
- Business acquisition financing will require a HUGE equity slug from the buyer.
- Lenders are never going to take 100% of the risk. That’s not their business.
- Buyer does not have 2 nickels to rub together.
Where are they getting $50M+of equity just to get started?
The best they can hope for at this point is to simply lease the property with an option to buy. This might explain the new sign.
Execute on something! Anything!
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