- This topic has 130 replies, 14 voices, and was last updated 16 years, 11 months ago by PadreBrian.
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December 4, 2007 at 7:59 PM #109105December 4, 2007 at 9:50 PM #109057TheBreezeParticipant
So will those 11,000 homes in Lennar’s 60%-off megasale show up on the MLS? Somehow I doubt they will.
I wonder if this was some kind of funny-money, hide the snake in your trousers kind of deal, or if Lennar really needed the money. I could see one of Lennar’s lender’s calling in a loan due to violation of a loan covenant or I could see some type of accounting shenanigans here. Hopefully some more details will come out.
December 4, 2007 at 9:50 PM #109165TheBreezeParticipantSo will those 11,000 homes in Lennar’s 60%-off megasale show up on the MLS? Somehow I doubt they will.
I wonder if this was some kind of funny-money, hide the snake in your trousers kind of deal, or if Lennar really needed the money. I could see one of Lennar’s lender’s calling in a loan due to violation of a loan covenant or I could see some type of accounting shenanigans here. Hopefully some more details will come out.
December 4, 2007 at 9:50 PM #109198TheBreezeParticipantSo will those 11,000 homes in Lennar’s 60%-off megasale show up on the MLS? Somehow I doubt they will.
I wonder if this was some kind of funny-money, hide the snake in your trousers kind of deal, or if Lennar really needed the money. I could see one of Lennar’s lender’s calling in a loan due to violation of a loan covenant or I could see some type of accounting shenanigans here. Hopefully some more details will come out.
December 4, 2007 at 9:50 PM #109207TheBreezeParticipantSo will those 11,000 homes in Lennar’s 60%-off megasale show up on the MLS? Somehow I doubt they will.
I wonder if this was some kind of funny-money, hide the snake in your trousers kind of deal, or if Lennar really needed the money. I could see one of Lennar’s lender’s calling in a loan due to violation of a loan covenant or I could see some type of accounting shenanigans here. Hopefully some more details will come out.
December 4, 2007 at 9:50 PM #109214TheBreezeParticipantSo will those 11,000 homes in Lennar’s 60%-off megasale show up on the MLS? Somehow I doubt they will.
I wonder if this was some kind of funny-money, hide the snake in your trousers kind of deal, or if Lennar really needed the money. I could see one of Lennar’s lender’s calling in a loan due to violation of a loan covenant or I could see some type of accounting shenanigans here. Hopefully some more details will come out.
December 4, 2007 at 10:17 PM #109063PadreBrianParticipantNa, it just means the land will be cheaper once they develop them, and the existing housing can be sold at 50% and still make money.
December 4, 2007 at 10:17 PM #109170PadreBrianParticipantNa, it just means the land will be cheaper once they develop them, and the existing housing can be sold at 50% and still make money.
December 4, 2007 at 10:17 PM #109203PadreBrianParticipantNa, it just means the land will be cheaper once they develop them, and the existing housing can be sold at 50% and still make money.
December 4, 2007 at 10:17 PM #109212PadreBrianParticipantNa, it just means the land will be cheaper once they develop them, and the existing housing can be sold at 50% and still make money.
December 4, 2007 at 10:17 PM #109219PadreBrianParticipantNa, it just means the land will be cheaper once they develop them, and the existing housing can be sold at 50% and still make money.
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