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Re: WANG post# 249953

Thursday, 11/19/2009 12:36:55 PM

Thursday, November 19, 2009 12:36:55 PM

Post# of 312722
a day at a time with my mom's pancreatic cancer..
on lots of pain stuff, but still getting around OK

regarding real estate deal with Paramount Development (WMT)
BJ (the Realty woman) called me this morning and said she should know something
for sure soon after Thanksgiving...

they offered 2.3X~ apparaisal value..
vast majority asking 3x appraisal + 6% realty fee..

IF this falls thru, I've done been talking to a site procurement
guy at CBL Properties as a 'back-up'...
CBL is based here and it is on
NYSE..they don't fool around and are not based out of state
in Beckley, West Virginia..

guess I will know something soon...

partial cbl..example..
Gunbarrel Pointe Chattanooga, Tennessee Associated Center 281,525 sq. ft.
Hamilton Corner Chattanooga, Tennessee Associated Center 69,389 sq. ft.
Hamilton Crossing Chattanooga, Tennessee Associated Center 200,823 sq. ft.
Hamilton Place Chattanooga , Tennessee Regional Mall 1,170,821 sq. ft

http://cblproperties.com/cbl.nsf/pro

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