SO WHAT?! If lenders audit, vet and decide to lend against the presented, claimed, supported, audited and accepted values, THAT’S THE LENDERS PROBLEM! The part they fail to mention, is the “BRAND” for which they’re lending to. Sometimes, that presents more equity and cash flow than the assets themselves. If you doubt that, why would Nike (and the likes) pay for names such as a Tiger Woods, LeBron James, etc. Another ignorant part of there presentation is for Trump’s brilliance in reducing the Tax Exposure on the back end of completed renovations. MSM hates when Patriots are successful when playing their game, we their rules! GO, GEOTUS, GO!! We got your back!
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Make a bet that everything CBS (MSM) says is a criminal lie and you will win 98%.