KLAS 8 News Now At 5 PM January 8, 2016
Time consuming process making sure buyers who have expressed interest have the necessary assets to complete a deal this big. john knott executive Vice President cbre they have, call it 50 million of their own equity, but they bring a fund in with them and the fund says were prepared to support this bid and then all the sudden it becomes a highly credible bider because they demonstrated the Financial Capacity with the support of this multi billion dollar fund as their partner. paul joncich as cbres john knott points out, there arent very many individuals with 650 million in their pocket. He tel...
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