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Re: littlefish post# 61540

Sunday, 04/20/2008 10:43:50 PM

Sunday, April 20, 2008 10:43:50 PM

Post# of 107353
yeah, i just don't think most banks are going to feel comfortable financing in this area. i think they've already grown past bank financing numbers anyway, unless they have an in with a huge one, like citi, chase, etc. not many other banks can loan $20+MM on short notice without real estate collateralization or similar. this is a different animal, with different rates, and it is likely to be short term, which also explains the rates.
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