“We ended up about three times sort of higher than that original product, from an equity perspective”
The Deal with Adam Di Marco · Monarch Residences: Luxury at Scale - James MacGinley, Consolidated Properties Group
Play from 58:34
58:34
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What was described
Achieved ~3× the originally projected equity profit
3 times higher equity return
Said nearby on the same subject
“Glasic you know i think they bought their stake for half of turning point essentially that it was originally i believe all debt which was converted into equity for 11 million dollars back in 2010”
“You rebalance to achieve that balance, then naturally you're going to take profits from that which was the most did the best and go down and buy those things that were less in order to get back into balance.”