I expect a gradual creep up to the 4.80-5 area over the next two months
credit line is huge
problem is finding those 9% yielging assets Dugan describes (leveraged yield 12-13%)
I'm banking on the "first look" chances they describe so often in their business plan
looking forward to them putting some deals together over the next few months
pessimism is gone
I'm a believer again
(subject to change)
Well we now have a $20M acquisition at a cap rate of 7.8%+
Not quite 9% but not bad.
They are putting deals together pretty quickly!
Sentiment: Strong Buy
I'll take it!