26 ordspråk av Richard Anderson
Richard Anderson
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It's being priced well beyond our expectations. We felt that way in the $36 and $37 range, and we continue to feel that way.
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Clearly neither side is showing sides of giving up.
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This is the craziest market period we have ever seen with energy.
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The larger the purchasing pool, the greater the purchasing power.
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We think the takeout is the right price for a well-located, yet older vintage multifamily portfolio. Shareholders should be pleased.
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This is a very painful decision. However, the current operating environment dictates that we reduce our flying schedule significantly, which in turn requires a significant reduction in our staffing levels and payroll.
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If prices dropped, we could pass on a negative surcharge as well, but I don't anticipate that happening.
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This is way beyond our expectations for the value that should be attributed to this portfolio. It's certainly an indication of the continued appetite for well- located multi-family real estate.
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Multifamily remains high on the radar screen to all sort of investors, private and public, and the fundamentals of the business are early on in the sweet spot for that asset class.
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Essex is clearly fighting back and they're fighting back quickly. It's not a pre-emptive strike, but it's pretty close to it.
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If I didn't calculate it just right, it's going to be a disaster. But I have done quite a few measurements.
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We had four out of our nine students win medals. That shows pretty good breadth and depth across the range of decathlon subjects.
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I can't imagine what the family must have felt.
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They have been acquiring smaller assets, which the larger competitors are not seeking, and moving their growth needle.
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It's a little hidden gem.
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