TSX:SOT.DB - Post by User
Comment by
InvestSmarteron Apr 18, 2023 1:30pm
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Post# 35401043
RE:Dream upgraded at national bank but
RE:Dream upgraded at national bank but MARKOPOLIS wrote: Just as Brookfield defaults on second office property
SLAM should start some defaulting
Brookfield has non-recourse debt. Leverage select properties as much as possible, then default on them, while leaving the good properties with low or no leverage. Its part of their strategy. SOT and CDN lending doesn't have that luxury.