Quote:
Originally Posted by iheartphilly
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This is clearly a great investment decision by Roberts. Comcast takes it off his hands presumably for a premium and then sells it to 4 Seasons. The rich guy wins lol.
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The article says he sold it at a loss.
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A company controlled by Roberts and his wife, Aileen, sold the condos to Comcast for $13.5 million, a loss of $820,000 from their 2016 purchase price, according to financial disclosures from Comcast.