Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,473.47
(
0.37%
)
US TECH 100
28,612.40
(
0.11%
)
Dow Jones
50,579.70
(
0.58%
)
Brent Oil
95.04
(
-6.06%
)
Bitcoin
76,747.40
(
-0.68%
)
News Focus
News Focus

Replies to post #86 on California Coastal Communities (fka CALCQ)

Replies to #86 on California Coastal Communities (fka CALCQ)
icon url

PlanMaestro

11/24/10 11:34 AM

#87 RE: Emerald22 #86

Do you have a link to comment on the appraisal?
icon url

PlanMaestro

11/27/10 2:52 AM

#90 RE: Emerald22 #86

Emerald,

Just finished reading the document. I am of the impression that you could also argue that the valuation is conservative. For a start a 16% discount rate is pretty steep.

Regarding your comments on prices and volume, when I visited the properties, the Ch11 filling did slow down things and residential prices are rebounding on the region. So both aspects should rebound with a reestructuring.