Verde Realty plans buying spree with ...

Verde Realty plans buying spree with stock funds

There are 2 comments on the El Paso Times story from Jan 30, 2010, titled Verde Realty plans buying spree with stock funds. In it, El Paso Times reports that:

Verde Realty has posted multimillion-dollar losses in recent years, but it plans to grow by using money from a stock offering to buy apartment complexes and industrial distribution buildings at bargain prices, recently filed documents show.

Join the discussion below, or Read more at El Paso Times.



#1 Jan 31, 2010
Note to old men: retire.

Your brains are obviously starting to fail you. Losing $21.1 million,$55.6 million and $31.6 million ove 3 years is NOT cause to give yourselves $2.4 million in salary and bonuses. I'd be careful, when Barrack is done going after the big banks, he might come after you....
Lower Property Values

El Paso, TX

#2 Feb 1, 2010
"The credit xcrisis and recession has played a part in reducing property values"....

I wish somebody would tell that to the CAD.

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