Quote:
Originally Posted by We Got Five
Yes, Grasso's portfolio does not contain a project of this size. However, everything is/has been lined up. Intercontinental doesn't throw it's name around without merit.
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And banks dont throw around $300 M loans to developers with no track record of mega developments regardless of Intercontinental,Whole Foods, Best Buy. Maybe if this was a $30 M suburban lifestyle center you have takeoff, Grasso is trying to peddle 200 -300 condos/apts with this thing , it hasnt flown in the past and its not going to fly in the future imo.Hope I am wrong.