IMO it's just put in as a point of fact, rather than as something to make us want to hold onto the current RE.
You're right that it would make much more sense for a lender to prefer a RE that was in a sound position. But then they could take it as a chance to renegotiate terms (whether it be interest rate, or whatever). Who knows really. I guess it's one more area of uncertainty that helps the market no want to highly value REU - or the other Rubicon trusts.
MJS
REU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
