Post by
divime1 on Oct 14, 2021 11:56am
I like this part .
The aggregate purchase price for the Properties is $74 million dollars and this accretive acquisition should be concluded by the end of October 2021 and will be funded from proceeds received from the last equity raise and available funds. Therefore, BTB does not have to raise additional equity to complete this acquisition.
Comment by
Scotch12 on Oct 19, 2021 1:45pm
BTB does not have to raise additional equity to complete this acquisition. I like the latter also. These guys have improved the quality of their properties over the years. However, I think they are little too leveraged and too quick to raise equity through secondaries diluting existing shareholders.