2min chapter

Yet Another Value Podcast cover image

Bill Chen on Clipper Realty and the NYC apartment boom

Yet Another Value Podcast

CHAPTER

How to Get 24 % Capital Back, Right?

All their debt came due during the financial crisis, exactly. You know, they did that del that ithink was a five billion dollar unsecure that came due in the cap markets,. They had to file for a technical bankruptcy, right? Like, how does this thesis get killed? Right? Andandn let's look at dematit the rly hand, 20 oe oll construction alone. That that a, you know, i think that's due in 20 27. And then the next one is 20 28, which is tribecca house, right? S really, like tt, the really big chunk tribeca house, i think has over 300 million dolls a

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