Speaking of Mandolin, Shea is going to have to whop off at least $30 PPSF to stay competitive. I’m sure Shea can absorb that…they are asking 500k for a unit
built for 200k and land they paid 100k for.

The Mandolins have 4 units left on the 2nd phase (which hasn’t been built yet). The 3rd phase will start next month, I was told.