AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Real Estate Earnings - What's the Difference Funds From Operations?
The company still has a hundreding on hundred fiftyn million dollars of cash on its balance sheet. Management expects, and there's no reason to not expect us, they expect to use that to invest tha capital quite soon. Once they invest just si tis, just using the ipo, proceeds of one undred 15 million dollars, that's going to increase their bottom line by icould bring up ronhere by about 34 % this year alone. This is just fom that hundred 50 million dollars in proceeds. There's no reason they couldn't do more. In fact, they recently secured a revolving credit facility tha gave them some more access to debt capital out of five point six