The fundamentals are so good that interest rates can go up a bit and not hurt anything.
More Quotes from Rich Moore:
One of the things you do in real estate is you take the management at face value. I can't really trust any of the numbers they have out there.Rich Moore
My feeling is that the organization is in disarray. When the organization is troubled like that, it draws the focus of the senior management away from the core business because they have other activities to deal with.
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They focused more on the next great development and less on continuing to run the properties they had and (getting) the full values out of those properties.
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