Post by
JefffCEO on Jan 31, 2022 11:47am
Martian457
You are full of baloney. Altus values the land alone at USD $111 Million which we own debt free and only require a $15 to $20 million line of credit. I have 4 terms sheets from lenders. Stop spreading your own failures. You do not own 995 homes site debt free.
Comment by
Martin457 on Jan 31, 2022 3:35pm
4 term sheets? That's great for GRB, well done!
Comment by
Frosch1 on Jan 31, 2022 4:47pm
I will be happy when the groundbreaking ceremony for Sage takes place. All the pointless discussions about financing will be then over. 4 Term Sheet - lenders are lining up here, no risk for them (debt free project).
Comment by
Hubbie87 on Jan 31, 2022 5:56pm
I didn't even consider the line of credit option but makes sense to borrow as needed and pay down with sales.