Thursday, June 28, 2007

Opportunistic investing

As I have said here before, I am no particular fan of Donald Trump. But his acquisition of the Running Horse development in Fresno (a proposed site of a PGA Tour event if it is ever finished, IIRC) at a deep discount (though not nearly as he originally wanted) is a sign for opportunistic investors to ramp up to take advantage of a bubble. Here's a link, courtesy of The Real Estate Bloggers (technically competition I suppose, but I don't care). I represent and have represented opportunistic investors for years, so deals like this bode actually bode well for them.


Marla said...

Does he know what he is stepping into? I believe he is being used to fund a pending catastophe. He is entitled to know the truth about what lies behind the smokescreen.