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ProfessorGAC

(74,788 posts)
14. Contradicts Their Occupancy Numbers...
Mon May 24, 2021, 07:15 PM
May 2021

...announced at the time. IIRC, around 60%, or 80 something % of normal for time of year. Somebody is lying, either way.
That looks like a PR tweet, to me.
And, I still insist in has nothing to do with grifting. That company's grift appears to be scamming for loans, not actually generating revenue & cash flow.
After all, look at who is in charge.
They LIED about a debt to equity of 1.16. (It's really closer to 4). The average of the commercial real estate industry is 0.7. So, they were bragging about a bad number, to disguise how much worse it was.
The victims of most of their grift have been banks. And, I have no sympathy for them.

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