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Originally Posted by joninsac
Saca is close enough that Deutsche Bank is giving him the money anyway. Done deal.
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Yeah that's a huge vote of confidence...
But as I've said time and again, having Cal Pers investing in this project has paid off big time for Saca..
I also have to agree with Mike that by the time the Towers finish construction the housing market will be in warming up again and potential buyers will have something concrete to look at (no pun intended)..
Still having half nearly half the units sold prior to the even going up is pretty impressive.