Here’s one potential play....He sales at “fire sale” now. With the coming commercial real estate market collapse - just a matter of time - the prices plummet even further and after his appeal is granted he buys them back at a song.
In either case I’m convinced that he won’t take a loss given he bought them decades ago and the prices have only appreciated.
Another CEO on the outs:
International Paper investors cheered Tuesday, after the paper and packaging company named an investment advisor as its new CEO, replacing a chief executive whose only experience has been with the company.
Here’s one potential play....He sales at “fire sale” now. With the coming commercial real estate market collapse - just a matter of time - the prices plummet even further and after his appeal is granted he buys them back at a song.
In either case I’m convinced that he won’t take a loss given he bought them decades ago and the prices have only appreciated.
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are the properties mortgaged or paid off?