RE:RE:RE:RE:Why was this not mentioned in the Voya Investment NR?What were the terms of the property purchase (the initial acquisition)? Why did Tower Investments sell 28 acres to GRB but has held the property directly beside it (in the middle of town, surrounded by other developed tracts) since 1993 without developing it. $21M had been supposedly spent by Tower and yet they sold for $1.04M. Or was part of the acquisition be that Jeff takes the properties off Towers liabilities books (due to the downturn) and densifies the property thereby capitalizing to a greater degree. Question is does Tower have any interest still held in the assets? Who is managing the 220 apartment building units? I still believe the $480M is a questionable target considering more then 20% of the development are apartment rental units. Keep in mind it's Captiva providing the funding for development and could be potentially dropped from a JV in which they receive 50% of net revenues. I believe there will be a lot of payouts i.e. bonuses ($2.74M this year), contracts (including the sales agreement in which Keller is receiving 6% of $480M or $29M for selling new homes), financings (Voya's payouts and interests, etc.) and ultimately the "NET" profit will be substantially less then what individuals are anticipating it to be. Many of these agreements are not even clarified but will be negotiated in the future. What ever happened the Jeff's "Forward Living Real Estate Weekly News Letter". It ran for less then two months last year and then was dropped. "SQUIRREL" Attention span of a gnat.