184. Good News is Hard to Find: Delinquency Jumps, Sublease Siege, Massive Trading Alert
The TreppWire Podcast: A Commercial Real Estate Show
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AIMCO's Swabshin Was Bought for $16 Million in 2019 - That's $15.7 Million in the Money
AIMCO had sold the mezzanine loan on this particular portfolio for about $0.60 on the dollar. The twist that really was interesting to us was that AIMCO put out a statement that said their loss was going to be paired by the fact that a swabshin was purchased when this loan was made back in 2019. Tim Allah: We're speculating here, but that's what we think happens. But if you have some thoughtful comments later on this in the week, we will talk about them on next week's podcast.
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