05-25-2016, 11:14 AM | #29195 | ||
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Hence, we've been trimming the fat and going to management more so than outright ownership.
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05-25-2016, 11:20 AM | #29196 | |
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Not sure about your generation (probably same as mine), but I'm a helluvalot more scared of the entitled teens whom are all about social media, instant gratification, and being sheltered to death starting to vote. I've got a few acquaintances with teens and they come from decent families. The kids have no idea what hard work is. They all want to save the world - which is great - but they have no concept of what money is or what work is. It scares me. Layer on top of that hipsters. Oy oy oy. Edit: no more politics. Putting my head in the sand. |
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05-25-2016, 11:22 AM | #29197 |
is probably out riding.
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Wow. If they're willing to give you an F82 for your poor erection, i'm curious to know what you'd get for an outstanding erection.
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05-25-2016, 11:22 AM | #29198 | ||
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I am evaluating 2 large deals in Charlotte right now.... Occupancy Rate and RevPAR are off the charts. |
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05-25-2016, 11:23 AM | #29199 |
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Smart move...similar to big companies selling property and doing lease backs. Creates instant cash flow, reduces liabilities. Maybe a bump in opex, but it's often a favorable LT solution.
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05-25-2016, 11:24 AM | #29200 |
is probably out riding.
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05-25-2016, 11:25 AM | #29201 |
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Is there that much inefficiency in the market that these aren't baked into the price? There must be a huge premium right?
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05-25-2016, 11:29 AM | #29202 | |
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One deal is owner/operator One deal will be managed as Aatish has outlined. Both generate significant cash flow to service debt, and I'll covenant distributions against a negative DSC impact, plus limit borrowing entity against securing other debt or acting as a Corp guarantor. Saturation isn't a concern. |
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05-25-2016, 11:32 AM | #29203 | |||
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Just look what happened to the market in North Dakota.
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05-25-2016, 11:33 AM | #29204 | ||
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05-25-2016, 11:36 AM | #29205 | ||||
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05-25-2016, 11:36 AM | #29206 | |||
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Both are located less than 3 miles from one of the busiest airports in the southeast. |
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05-25-2016, 11:42 AM | #29207 |
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The ayes have it. I'm getting the MPE. Should be fun.
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05-25-2016, 11:43 AM | #29208 | |
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05-25-2016, 11:49 AM | #29210 | |
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05-25-2016, 11:50 AM | #29211 |
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Now i'm confused. I thought you were trading your poor erection for an F82?
Now you're getting a Major Penis Enlargement instead? Is that because they will trade a lot more for a larger penis? Serious, wtf is an MPE?
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05-25-2016, 11:52 AM | #29212 | |
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Hurrrr.. I have a 12" ePenis!
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05-25-2016, 11:52 AM | #29213 | |
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Took over a clapped out bank owned property 5 minutes from O'Hare a few years back. Converted it to a higher end flag. Contracted with the customer service company at O'Hare to provide rooms for cancellations. Great property. Even had a good view of the incoming and outgoing planes from the roof
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05-25-2016, 11:53 AM | #29214 | |
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You've been out of the game for too long, sir. |
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05-25-2016, 11:54 AM | #29215 | ||
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Nice flags too. Hamptons, Fairfields, etc.
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05-25-2016, 11:55 AM | #29216 |
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Mywifes335 - we're not talking about Gold Biscuits here....you might be a little out of your depth...
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