> To find out it was 37.5% wasshocking to say the leats
Borntwice, I must say that I was anything but shocked to learn that LLEG was entitled to 37.5% of the profits in Berlin. Given that somebody else is putting up the whole $30M equity portion of the financing package, I think 37.5% is just about right. If you were risking all of the cash in a deal like this, what would you want as a return on your investment? I think I'd want 75%.