Investment Boarder

Private Equity, Trader, Athlete, Racer, Free Man

[Investment Boarder @TWheels88]

@NydiaVelazquez No New Yorker is at risk of deportation you fucking halfwit

[Investment Boarder @TWheels88]

#CoPolitics

[Benny Johnson @bennyjohnson]

HUGE: The RNC has SUED Colorado's Secretary of State for letting people who've never even LIVED in the state, vote in Colorado elections.

Is anyone really surprised that yet another Democrat-led state is running an election fraud scheme? I'm certainly not.

No more games. The DOJ needs to start prosecuting these fraudsters NOW.

[Ron DeSantis @RonDeSantis]

Imagine if, in the aftermath of 9/11, someone told you within 25 years someone like this would be getting elected in NYC — would you have believed it?

[Investment Boarder @TWheels88]

@mcspacface @VailResorts @eastdakota Situation becomes interesting below $100/share

[Investment Boarder @TWheels88]

@mcspacface @VailResorts @eastdakota #VailResorts $MTN not worth the stock price. Its HR and compensation structure are disaster, resorts starved for capital

Only about 10 resorts have value.

Rest are drag on earnings & operations. As POWDR Corp demonstrated not much of a bid for 2nd & 3rd tier resorts

[Bill Ackman @BillAckman]

Florida is a very well run state. NY is the anti-Florida.

[Ron DeSantis @RonDeSantis]

Leftists are gaining traction within the Democrat Party by embracing anti-Western, third world ideologies.

What makes this all the more absurd is it is happening while we are commemorating the 250th anniversary of the most successful revolution in human history — a revolution whose tenets are irreconcilable with such ideologies.

[Investment Boarder @TWheels88]

@nypost Hero of the stupid

[Adam Carolla @adamcarolla]

True

[David A. Clarke, Jr. @SheriffClarke]

Imagine if white baseball players treated Jackie Robinson when he broke into the league like the black lesbians are treating heterosexual white Caitlin Clark?

[Investment Boarder @TWheels88]

#Denver is in a death spiral.

One-party democrat rule has brought crime, violence, inflation, unaffordability, despair, and the complete destruction of business

In fact, it’s all of #Colorado

#CoPolitics #CRE #downtown #office #2A

[Investment Boarder @TWheels88]

@ThoughtCrimes80 Colorado is a third world country

[Denver Fail @mrosazza]

Denver Sales Tax since the Democrats took full control of the government:

• 2017: 8.0%
• 2018: 8.31% (parks/mental health increases)
• 2019: 8.56%
• 2020: 8.81% (housing/climate add-ons)
• 2021: 8.81%
• 2022: 8.81%
• 2023: 8.81%
• 2024: 8.81%
• 2025: 8.81–9.0%
• 2026: 9.15% (current)

Now they want to add 0.5% for affordable housing, pushing the combined rate to ~9.65–9.81%. What does “affordable housing” even mean? Slush funds for their NGOs, Homeless and Immigrants. No society votes to raise their own taxes, yet Denver seems to do it every time. Weird. #copolitics

[Secretary Doug Burgum @SecretaryBurgum]

America is so back! 🇺🇸
@Freedom250

[Investment Boarder @TWheels88]

@wildcat_dburg Agreed

$BXMT lost $120 MM in market cap so an overaction imo

It is a best quality asset in yes a difficult market (Chicago), but I suspect if not resolved with sponsor will trade on a psf basis so 20% CECL may be accurate

[Investment Boarder @TWheels88]

$BXMT

Maturity default One South Wacker
Not a surprise, loan already a "4" rated loan
Loan basis ~ $287 psf

Strong NY-based sponsor 601W actively deploying more capital into Chicago office market

Stock loses $120 MM in market cap today

Overreaction

https://t.co/YmBvDLRKd0

[Jeffco GOP @GOP_Jeffco]

Colorado ranked 48th out of 50 states for net new business growth in 2024.

More businesses closed than opened, and the job losses from that net decline were the worst of any state in the country. Colorado was one of only six states where both establishment counts and employment fell.

Entrepreneurs are choosing other states.

Businesses that do open here are closing faster than new ones arrive. Colorado used to be a magnet for people building something. That reputation is being spent down fast.

What has been your experience? What needs to change?

[Investment Boarder @TWheels88]

@wildcat_dburg Yes, $BXMT has a CECL reserve relating to this loan. Hard to determine from filings though whether an asset specific reserve, included in general reserve or some combination.

[The Rabbit Hole @TheRabbitHole]

Don’t take branding at face value

[Investment Boarder @TWheels88]

@RepJeffries You made it a national emergency AND you steal elections

Pass the #SAVEAct