Quote:
Originally Posted by Stu from NYC
There are various ways to do this.
If you sell the whole thing you let someone else have the headaches while sitting on a lot of cash that you can diversify your portfolio in.
Or you can as you say sell off a portion of it but you will have outside stockholders to satisfy by having a steadily increasing profitability level.
BTW Anheuser Busch sold the entire company to a European one.
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Do you folks really think that the kids want to go public ? It seems to be too visible and the model here is much more than selling houses. They own the commercial land they own equity interests in banking, insurance,title company, they receive royalty fees from businesses that lease from them and their rates are 20% higher than surrounding commercial renting rates, they own equity interests in the contractors who buy add on services, downtown retail, anything and everything you can monetize they have done. When you control the entire area, means of production and the people you have so many revenue streams it would be foolish and possibly too transparent to go public. Don’t even understand why folks speculate there is little to no voice here many of us discovered after we signed the contract. Most folks don’t care those who do sell and move on.