Dennis Kane

Commercial real estate builder/ developer, entrepreneur & investor.

[Dennis Kane @DennisOKane]

Be one of the first to read: Man On The Move: The Story of Eugene I. Kane and His Miracle: 9781792177378: Business Ethics Books @ https://t.co/Lr1JfYAYCj https://t.co/sftAlbBspZ

[Dennis Kane @DennisOKane]

@21trill @GCFalconsAD Screwing up royally.....of course.

[Dennis Kane @DennisOKane]

@SecKennedy @US_FDA How is this remotely appropriate? Is @TidmarshGeorge a day trader or something? @AuriniaPharma $AUPH

[unemon @unemon1]

$AUPH - investigation into FDA director G. TIDMARSH is warranted!

2019 he got kicked out as LA JOLLA PHARMA CEO by KEVING TANG

2025 after becoming FDA director, he wrote a non-sense LinkedIn going after $AUPH?

TANG is AUPH largest shareholder!

@FriendlyBearSA @AlderLaneEggs

[Dennis Kane @DennisOKane]

@SecKennedy Could someone explain what @TidmarshGeorge @US_FDA thinks he is doing?

https://t.co/FFDeGUVGLU

[Dennis Kane @DennisOKane]

Terry - if I am Josh or Adam, I am frustrated that I have a binding contract with an employee that pays over $22m this year. His life is forever set financially. Yet this is not enough. So the leverage your agent deploys is a return to media drama of the Snyder era. Your agent is going to wear out your welcome at the expense of team and fan chemistry. You can get a new contract. You are 30 years old. You are going to have to accept the realities and risk associated with that. Read the room.

[Dennis Kane @DennisOKane]

@JPFinlayNBCS See you later Terry. Two can play at “business”.

[Dennis Kane @DennisOKane]

@BillAckman @Nike Easier to just never to buy their products to begin with.

[Dennis Kane @DennisOKane]

@SenWarren Ideally you.

[Dennis Kane @DennisOKane]

@DCBarno Slow your roll on “full member”……just sayin.

[Dennis Kane @DennisOKane]

@Towson_MBB @CAABasketball @FloCollegeHoops He even broke the camera man’s ankles

[Dennis Kane @DennisOKane]

@stoolpresidente Where are the show producers?

[Dennis Kane @DennisOKane]

@BillAckman @iamwesmoore @stoolpresidente Nice work @BillAckman and @stoolpresidente - using your influence to keep the little guy - complete stranger - in the game. That’s the spirit. Merry Christmas!

[Lewis Miles @Maga4liberty]

I've watched this three times and still can't get enough!🇺🇸🇺🇸🇺🇸🇺🇸

[🇺🇸 Pismo 🇺🇸 @Pismo_B]

Good Morning 🇺🇸

[KANE Construction @KANEconstruct]

Finishing up our 12,500 sf / 368 seat masterpiece for @801Chophouse at #WestparkCorporateCenter opening mid July #BuildingWinners

[Dennis Kane @DennisOKane]

Our team started this week on an 11,000 sf retail building at Konterra / Westside. Great new tenants like @Chipotle and @Wawa with more to come. #BuildingWinners

[Dennis Kane @DennisOKane]

@TheRoaringKitty nice to see you back. If you are looking for a new squeeze $AUPH may be the call. $220M in ‘24 revenue. 48% YOY growth. IP through 2037. CashFlow+ Q2. $5SP with $3 in cash. Big short interest. Check it out #Pharma #BigPharmaTarget

[Dennis Kane @DennisOKane]

@elonmusk big fan here. But you got some weird stuff going on over at @eBay customer support. Might be time to dispatch an adult who can review the selling limit “manager decisions”

[Dennis Kane @DennisOKane]

@mcuban

[Dennis Kane @DennisOKane]

Mark - So that Ted can understand - separate 45 from the issue for a moment. Let's just say you are a real estate developer. You build a project with some cash, land and construction debt. It has a projected value when it is complete based on the income less op-ex and debt service. You lease it up and get perm financing based on that value. You have an idea of what that should be worth. It's why you built the project. So does the bank. It's why they lend money. They are neither dumb nor reckless. They get an appraisal based on market conditions at that time to confirm it. A debt number is arrived at with conditions as per usual to account for market swings (that's the lending risk part). Everybody is free to do the deal or walk away. They do the deal. Then rates drop. Your asset is now more valuable (because the cash flow is enhanced). Rather than sell, you follow the process again to refinance and grab the increased equity and roll it into another deal. This is Real Estate 101. It is not illegal. In this situation, the market went the other way. Every real estate developer - not just the orange guy - has an issue. Interest rates increased, rents/ occupancy decreased and loan to value requirements decreased so that more equity is required (the bankers aren't so dumb - are they) and they still get paid. There are literally thousands of people and corporations that do this for a living. In fact, millions of home owners do the exact same thing with their personal residences. Are they all lying? Does anybody remember the Big Short? A bond is just another form of financing. So to your point @markcuban - you are correct - nobody is going to put out a $500M bond on CRE in this environment regardless of the borrowers hair color or number of indictments. I guess it is too much to expect a US Congressman (@tedlieu) with an undergraduate degree from Stanford and a JD from Georgetown to understand this.

[Dennis Kane @DennisOKane]

Mark - So that Ted can understand - separate 45 from the issue for a moment. Let's just say you are a real estate developer. You build a project with some cash, land and construction debt. It has a projected value when it is complete based on the income less op-ex and debt service. You lease it up and get perm financing based on that value. You have an idea of what that should be worth. It's why you built the project. So does the bank. It's why they lend money. They are neither dumb nor reckless. They get an appraisal based on market conditions at that time to confirm it. A debt number is arrived at with conditions as per usual to account for market swings (that's the lending risk part). Everybody is free to do the deal or walk away. They do the deal. Then rates drop. Your asset is now more valuable (because the cash flow is enhanced). Rather than sell, you follow the process again to refinance and grab the increased equity and roll it into another deal. This is Real Estate 101. It is not illegal. In this situation, the market went the other way. Every real estate developer - not just the orange guy - has an issue. Interest rates increased, rents/ occupancy decreased and loan to value requirements decreased so that more equity is required (the bankers aren't so dumb - are they) and they still get paid. There are literally thousands of people and corporations that do this for a living. In fact, millions of home owners do the exact same thing with their personal residences. Are they all lying? Does anybody remember the Big Short? A bond is just another form of financing. So to your point @markcuban - you are correct - nobody is going to put out a $500M bond on CRE in this environment regardless of the borrowers hair color or number of indictments. I guess it is too much to expect a US Congressman (@tedlieu) with an undergraduate degree from Stanford and a JD from Georgetown to understand this.