Whiterock Real Estate Investment Trust T.WRK.DB.K

RE: Property appraisals,1:3 rollback

[grleader]

Dante:

WRK bought the property AFTER the $8 million in improvements were made, so at most $4 million in improvements came after the purchase and thus could have increased  the appraised value subsequent to the purchase..  Anyhow WRK says that they did not pay any of the total of $12 million.

You seem to feel that WRK management should not  be trusted;  can you elaborate further?  They seem to have a lot of solid leases;  do you feel otherwise?