Tigerpac, with all respect(Unlike the others that just want to fight) that is IRRELEVANT.
CALL CBRE as I did and learn the facts.
All comps were used because that's all they have to choose from ...again-all that exists.
The appraisal is based on considering all things especially LOCATION and CBRE has CONFIRMED IN FACT that the appraised value of Our LAND at Cielo Mar is 42 million PERIOD. AS IS with not a stitch of building anything.
This is the price that CBRE believes to be the MARKET VALUE if it were to be sold AS IS.
42 42 42 42 42 42 42 42 42 42million. END OF STORY.
Please just make the call ask for Byron and put an end to this misery....lol why the continued arguments..
If its not 42 mil then whats the results of the appraisal..whats it worth? 42 million