Posted Nov 19, 2013, 1:17 AM
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Honored Member
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Join Date: Nov 2003
Posts: 7,445
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The loan isn't an issue. That's the type of loan that you pay off with rainy day money. The issue is that the demand for the higher end of the market was relatively weak at that time. Maybe things have changed a bit in the post-recession era, but I'd say the mid-market is a better option for the new units. The people looking to move downtown aren't necessarily upper management. They're sticking to the Pointes for now.
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