Adam Hooper – Let’s put some genuine bucks on that.

Adam Hooper – Let’s put some genuine bucks on that.

Adam Fountain – Get ahead.

Adam Hooper – if you raise a $200 million fund, you’ve got $200 million of capability, where you’re saying, if you are taking on leverage, in the event that you raise a $200 million investment, you may lever that to $400 million of ability.

Adam Fountain – Right. And in which the nagging problem can happen is, let’s assume you make a million buck loan. You’ve raised $500,000 from investors, and after that you borrowed $500,000 from the bank which will make that loan to that particular developer or builder. Continue reading “Adam Hooper – Let’s put some genuine bucks on that.”