Those properties are worth more than 8 times the loans amount . He can sell 1 Wall Street and pay for all the loans and have few hundred million left .
So he financed the buildings 20 % or less
Most people that own houses or building finance the other way.
Those properties are worth more than 8 times the loans amount . He can sell 1 Wall Street and pay for all the loans and have few hundred million left .
So he financed the buildings 20 % or less
Most people that own houses or building finance the other way.