Reality Case Study - Ripped from the Marketplace

Have you ever wondered, "What ever became of XYZ project?"

As a commercial real estate broker who either participates in or observes others participating in the hunt for real estate deals, I often wonder. Over time, every deal reaches its conclusion. Project A is sold to Investor B for $C. Asset D is withdrawn from the market because Lender E overpriced it and needed time to come to grips with reality. Project F dragged Developer G into bankruptcy, resulting in the unfinished project being sold to Investor H who plans to reposition it. Portfolio I sold quickly for a record high of $J. There is an ending to every story.

As an intellectual exercise and to have some fun, I have decided to select a current deal or project to follow. I will gather the facts and figures, offer my up-front analysis of the project and make predictions as to how it will conclude. I will rely on public records as much as possible. Where I cannot, I will make educated guesses based upon then current market conditions. Time will be the arbiter of my predictions.

Stay tuned while I cast around for an eligible deal for what will hopefully be an ongoing feature of my blog. Of course, I am always open to reasonable suggestions.