donedeals

8 ms·

1.
by donedeals 3y ago
PCP and dental practices are much harder to roll up. The doctors start a competitor, and bring their patients, the second the non-compete ends wiping the practice that was bought
2.
by donedeals 3y ago
Highly doubt the conservative court rules against an American company in favor or a foreign owned entity.
3.
by donedeals 3y ago
It’s a letter of credit not line of credit. It’s basically a certified check in a way.
4.
by donedeals 3y ago
This is super simple. Twitter put a deposit (think rental deposit) down on their lease in 2020. Instead of depositing $900k with the landlord they deposited 900k into a bank. In turn the bank issued a $900k letter of credit to the landlord
5.
by donedeals 3y ago
It’s called a go dark clause. Fairly common in retail, not as common in office but it happens.
6.
by donedeals 3y ago
@dang - title should be changed.
7.
by donedeals 3y ago
Typically IPO approvals include a carve out that says this approval cannot bed used a defense in a SEC action. CB will still use it as an argument.
8.
by donedeals 3y ago
US has similar system called escrow that title companies (a third party) manages.
9.
by donedeals 3y ago
Inflows from weaker banks will cause larger banks to increase lending activity as they accumulate dry powder. Banks are in the business of lending and having deposits burns a hole in their pants.
10.
by donedeals 4y ago
I have a line of credit from them - will that terminate. The line of credit rate is dependent on me making deposits there and a min deposit.
11.
by donedeals 4y ago
MBS is a critical part of the american economy. You wouldn’t be able to buy a house without it.
12.
by donedeals 4y ago
She was found not guilty on the patient related matters.
13.
by donedeals 4y ago
It’s probably because the parentco is filing. Need to see the BK filing to understand.
14.
by donedeals 5y ago
Yup. Exactly that text.
15.
by donedeals 5y ago
Got the same but from NJ.
16.
by donedeals 6y ago
He would be “dirty” ie has knowledge of Stolen IP.
17.
by donedeals 8y ago
Why would someone from wework want to outline their lack of lease liability. I don't see how anything I commented was positive or negative, I stated some facts.
18.
by donedeals 8y ago
Most of the items you cite are code requirements. Operators like CBRE maintain buildings to class A standards that don’t allow for any violations. The $1M is escrow is standard and par for the course and a guarantee against credit risk. Man
19.
by donedeals 8y ago
Wework Brooklyn #22 LLC signs the lease with the landlord and thus is responsible for the lease obligations. Wework LLC (proper) guarantees these lease payments for only 6- 12 months of the lease. After this time the only party responsible