As far as I know, if they had done all the forward looking stuff, nobody would have put up $10M anyway. There was at least a $10.6M Mortgage when 1094 initially bought the building. Never could find out, if the other 3.5M was from cash on hand, or if there was another debt for that??? So unless someone paid a large amount since then, what there is of that building, whoever owns it, owes a big debt.
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