Talk of The Villages Florida - View Single Post - A post from Lauren Ritchie
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Old 02-26-2010, 10:34 PM
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Quote:
Originally Posted by 1blsdman View Post
Secondly, I believe they will continue to collect huge lease payments on what will be close to 2 million sq ft of commercial space and land lease payments which could easily net them $50 million annually. Look at their commercial web site for demographics.
Isn't this point the reason WHY they would have to keep things going? If the rest of the development falters when the new sales stop then wouldn't their annual leases go into the hopper as well?