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carolina_fan

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Everything posted by carolina_fan

  1. carolina_fan
    The old bus station property, that he now owns, extends one block south (right)?
  2. carolina_fan
    "Furman expects to break ground on the project, valued at about $60 million, early next summer and deliver the first condos by summer 2007."
  3. carolina_fan
    If the car-rental tax fails, I have to believe that the city or banks will find another way. Who knows, maybe the banks will provide the cash in exchange for some more property.
  4. carolina_fan
    Does anyone think that NASCAR will pick Charlotte to solidify its based, much like Bush picking Judge Alito? What are the chances that Charlotte would build a competing stockcar museum if it didn't get chosen?
  5. carolina_fan
    Is Courtside off the picture, or should it be on the edge?
  6. carolina_fan

    The Vue

    carolina_fan replied to cooperdawg's topic in Charlotte

    I think for small children, there is a definite need for running around outside. Nothing is better for this than a yard or common grassy area very close by, IMO.
  7. carolina_fan
    So at 90 units per acre instead of 50, what kind of height might Levine be talking about?
  8. carolina_fan
    Levine has been quoted in the papers, that he will have some announcements by sometime next year. I hope it happens!
  9. carolina_fan
    Workers there say Levine is just putting in surface parking.
  10. carolina_fan

    The Vue

    carolina_fan replied to cooperdawg's topic in Charlotte

    atlvr, you still think only 60-70% chance of happening?
  11. carolina_fan
    Atlanta track has $25-40 million in damage from tornado. http://www.usatoday.com/sports/motor/nasca...a-tornado_x.htm
  12. carolina_fan
    As far as I know, just the city land between 9th & 11th to the rail corridor that was part of the arena financing. Don't think his buy includes the additional land...at least yet.
  13. carolina_fan
    I understand that he's about to buy the city's property (via BofA) on Brevard between 9th and 11th.
  14. carolina_fan
    Unless the value of the property were in the land and not the building (i.e., buy to tear down the building and build something bigger and better).
  15. carolina_fan
    I'm new to this, and a little slow. I think I follow, though. Cap Rate as a multiplier is 10-13 or as a divisor is 7.25-11% in these examples. NOI is in annual terms. This method assumes the value of the property is in the building/rental, and not the land. Am I correct?
  16. carolina_fan
    Thanks, atlrvr! Should NOI determine a building's value? This ties it directly to your amount of debt.
  17. carolina_fan
    I
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