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Old Posted Dec 9, 2009, 12:33 PM
jet cm jet cm is offline
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Join Date: Jul 2006
Location: Chicago area
Posts: 114
construction costs

Quote:
Originally Posted by jstush04 View Post
is it because they are seeing it as

(risky) loan amount = $2b - (percentage material cost and construction costs have dropped)*$2b - (30%+)*$2b - $194m

?
construction costs have not dropped (yet)
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