Quote:
Originally Posted by Simplicity
This is all very creative thinking, but the only thing less financeable than a large inventory of unsold condominiums in this city is a hotel.
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Really...even though a hotel in Skycity could potentially command some of the highest room rates in the city and become the most desirable hotel in town assuming that it was flagged with a brand that has drawing power (which none of the other new downtown hotels have)? Hard to believe that a big block of unsold condos would be seen as more desirable by lenders.
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