3 responses to “Extrapolate”

1. 

   Chris Mallory

   April 27, 2026 at 12:40 pm

   Tweet is a bit disingenuous in that the Min Bid was $80 Million, it was not a no reserve auction where you could bid $1.

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   1. 

      David DeGerolamo

      April 27, 2026 at 2:21 pm

      It still is a reflection of the crashing commercial real estate market that will collapse the US banking industry.

      Reply
2. 

   Big Ruckus D

   April 27, 2026 at 3:07 pm

   It is also laughable to state the property is valued at $320M. Clearly it isn’t, by anyone other than the present owner, and any party who has loans against it, as neither wants to take a loss. The fact it couldn’t get a minimum bid at 25% of it’s “current valuation” is pretty shocking, but then again not so surprising given the circumstances. Somebody is holding an empty bag right about now.

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