- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 5/10/24 at 11:11 am to jizzle6609
quote:
This is about to happen in more places than Fort Worth.
Grab your nuts guys.
Yeah. The US has reportedly bailed out Japanese central banks with the Yen losing more buying power. The FED wanted to get in there early and bail them out so the Japanese wouldn't dump US bonds on the open market which would cause the dollar to tumble further.
Posted on 5/10/24 at 11:13 am to TigerB8
Really nothing special about this foreclosure sell. The bank who loaned the group the money to buy it had to foreclose on the loan. There are really big companies leasing space in it. The inside is way nicer than the outside. The company that lost it was doing renovations but quit paying their contractors. This is the second building Pinnacle took back from the same group.
Posted on 5/10/24 at 12:38 pm to TigerB8
Second tallest building in St. Louis sold for $3.6 million
LINK
quote:
The 44-story high-rise, totaling 1.46 million square feet, was purchased by Boston-based Goldman Group for just $3.6 million, a significant drop from the $205 million it sold for in 2006. This stark decline in value reflects the lower demand for office space in the area.
LINK
Posted on 5/10/24 at 12:46 pm to saints5021
quote:
you can fit a lot of illegals in there
Soon…
The metro cities have no idea what’s coming. Can’t wait
Posted on 5/10/24 at 12:49 pm to TigerB8
The politicos create "opportunities" and their rich friends take advantage.
Free markets are not at work here.
Free markets are not at work here.
Posted on 5/10/24 at 1:04 pm to TigerB8
Commercial real estate is fricked, that is why there is such a big top down push to end work from home because either these buildings get filled or the economy will crash.
Posted on 5/10/24 at 1:15 pm to highcotton2
Surely this is just a buy and hold until someone really wants the land. I don’t even want to think of the demolition coat.
Posted on 5/10/24 at 1:19 pm to DownSouthJukin
quote:
It looks like it belongs on Texas A&M's campus.
lol this was my first thought
Posted on 5/10/24 at 2:10 pm to TigerB8
High rise commercial real estate is a tough sell these days, especially when the building is very ugly and very dated, like this one.
Plaza Tower in Nola says hold my beer.
Plaza Tower in Nola says hold my beer.
Posted on 5/10/24 at 2:37 pm to TigerB8
Looks.like something from the Soviet Union
Posted on 5/10/24 at 2:40 pm to TigerB8
It's not a market sale if the lender is the entity that buys it back. Their is a lot that goes into that consideration such as the lines and debt a buyer would assume had the purchase the building. With the lender purchasing the property it wipes out almost all private liens and debts so it can now be sold at true market value.
Posted on 5/10/24 at 2:52 pm to BozemanTiger
quote:
server farms
If the plumbing isn't enough for apartments, I can guarantee you the electrical service to that building isn't enough for a server farm.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News