Quote:
Originally Posted by Barnes
You're the one who asked for examples of deals that went bad and then stuck your index fingers in your ears. Are there well structured deals that went well?
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I asked for examples of deals where the tenant couldn't pay back the loan (that was the premise being discussed). I don't think there are any (though there may be somewhere).
The examples cited were deals that were poorly constructed/negotiated. Tenant doesn't think they owe rent. Tenant doesn't pay rent if building is making a profit. Or whatever.
That's a different thing.
Most ticket tax situations end up in the loan being paid.