Oyster fund's business plan obviously did not have a 7.73% interest rate. I wonder what interest rates they were planning on? Or perhaps rents would rise sufficiently fast to justify the purchase price and cover the mortgage.
Makes you wonder about the yields that listed companies are planning on.
Maybe the impending depreciation denial is a factor.
No redemptions happening currently but you can sell on Syndex.
I imagine even with Syndex it might still be quite illiquid.
Can you register with syndex and peruse what is on offer?
I guess there would be all sorts of syndicated farms, orchards, vineyards and commercial property on offer.
If it is illiquid there might be bargains to be had.
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