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Several banks, including Goldman Sachs and JPMorgan Chase, have proposed loans in the range of $500 million to $1 billion that would be secured by the company's real estate, according to sources familiar with the matter.
So once again the business model doesn't mater, just the real estate. Our cash flows have nothing to do with good business.
Several banks, including Goldman Sachs and JPMorgan Chase, have proposed loans in the range of $500 million to $1 billion that would be secured by the company's real estate, according to sources familiar with the matter.
So once again the business model doesn't mater, just the real estate. Our cash flows have nothing to do with good business.
Once again, a nonsensical post. JCP's real estate holdings are what has value. That's why they can borrow against them while they try and sort out a business model that works.
Once again, a nonsensical post. JCP's real estate holdings are what has value. That's why they can borrow against them while they try and sort out a business model that works.
What I was thinking. Real estate is good collateral, provided that it is not based on wildly inflated values such as led to the bubble bursting in 2007 or 2008. If individuals can qualify for loans based on the value of their real estate, why shouldn't businesses be able to do the same thing?
Several banks, including Goldman Sachs and JPMorgan Chase, have proposed loans in the range of $500 million to $1 billion that would be secured by the company's real estate, according to sources familiar with the matter.
So once again the business model doesn't mater, just the real estate. Our cash flows have nothing to do with good business.
What if your grandpa owns a $500,000 home free and clear. Do you worry about his cash flow since he's retired?
JCP's business model is definitely going to change not only in strategy, but in scope of stores. Being the laggard of the mall is just not a worthwhile spot to be in. Lots of these malls are remodeling or following the indoor/outdoor trend and JCP happens to have a lot of coveted real estate. They can sell it off at a premium and replace the store with something half as big.
Once again, a nonsensical post. JCP's real estate holdings are what has value. That's why they can borrow against them while they try and sort out a business model that works.
What if your grandpa owns a $500,000 home free and clear. Do you worry about his cash flow since he's retired?
Who is talking about grandpa?
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JCP's business model is definitely going to change not only in strategy, but in scope of stores.
or JCP for that matter?
Quote:
Being the laggard of the mall is just not a worthwhile spot to be in. Lots of these malls are remodeling or following the indoor/outdoor trend and JCP happens to have a lot of coveted real estate. They can sell it off at a premium and replace the store with something half as big.
Missed the point entirely. If you want to talk about microeconomic business models, knock yourself out.
So be my guest and consider the moves they should make in this political economy. However here this is like talking about how it makes more sense to mug rich people when discussing how to secure the trade route. Raw real estate should not be a large store of value which is nothing but one massive government mandated opportunity cost.
When I post something about the FIRE sector it means I am speaking about the FIRE sector, and not what ever this is supposed to be.
What I was thinking. Real estate is good collateral, provided that it is not based on wildly inflated values such as led to the bubble bursting in 2007 or 2008. If individuals can qualify for loans based on the value of their real estate, why shouldn't businesses be able to do the same thing?
Because its created by government license and its nothing but a massive opportunity cost imposed on society. Why not just go back to share cropping? For 100s of years we rid our selves of feudalism and now people cannot wait to bring therm back. And now all the land will be one big interest tax to big finance. Print money and the product is raw land already in existence and people wonder why we have stagflation?
So be my guest and consider the moves they should make in this political economy. However here this is like talking about how it makes more sense to mug rich people when discussing how to secure the trade route. Raw real estate should not be a large store of value which is nothing but one massive government mandated opportunity cost.
When I post something about the FIRE sector it means I am speaking about the FIRE sector, and not what ever this is supposed to be.
You are wacky. You don't debate, you change the subject and then try to dictate to others how inferior they are. If you don't want us to dare question your opinion why don't you just say so?
You are wacky. You don't debate, you change the subject and then try to dictate to others how inferior they are. If you don't want us to dare question your opinion why don't you just say so?
You changed the subject. The title was FIRE sector. Why would I debate someone who takes a microeconomic approach to JCP when I titled it FIRE? That means the subject was GS and JP, Finance, the F in FIRE. They are financing a failed retailer because they have equity in their property which by my economic model is a value not their own(See georgism). There is no debate; its just irrelevant. When the other poster mentioned the FED, they were exactly on point.
So if you cannot make the basic macro vs micro context in economics I would not bother replying to any of my posts because you have no competence in subject matter. Its just babbling.
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