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Paul Long



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VIEW FROM THE TRENCHES

News and notes from the neatest li'l corner of the Central Florida universe. Make this blog a frequent stop for information and opportunities that rarely make it to the mainstream.

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Tuesday, January 08, 2008

Yesterday afternoon was hectic, with phones ringing and the bambino vying for my attention. Ryan is blissfully unaware of the strain that his parents are under right now. I have been pursuing three separate deals like Ahab pursues a white whale. The most pressing of transactions is a beautiful retail strip that I've been trying to convey for a year now. It has been under contract, as of yesterday, three times... without closing.

I won't tell a fib. Getting this deal to the table is basically the key to our continued financial viability. It's not like I haven't pursued business with great vigor. Folks are so upside down into their homes right now that there is no margin for error. Such turmoil in the bond markets, and the mortgage meltdown is becoming acute. Usually, buyers will drive a hard bargain in this market. There are NO buyers, which is spooky.

Kid's up, and acting kinda bluesy. More later...

Posted by: Paul @ 7:42 AM

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