A yr2003 sale at $500k probably wouldn’t sell for $1,000,000 now no matter what, UNLESS the contract was negotiated well in advance of the completion of construction and was not actually a 2003 contract. Mr. London is a well known local RE consultant in the area, so no doubt he has benefitted from both his expertise as well as his personal and professional connections. So yeah, I would anticipate such a person would be making good investment decisions downtown. I would also anticipate that he knows when to hold ’em and when to fold ’em.