Happy to help! The industry I work in is fairly small in number but we handle a huge portion of commercial loans.
It’s just not one of those things most people know unless you are directly impacted by it. It’s not like Residential Mortgages as much as you’d think.
EDIT: Also, it is BS. You’re right.
Some of the answers you already received are partially correct, but I work in Commercial Real Estate and I’d wager it’s because when a large tenant stops operating at a location, it causes a trigger on the loan that has repercussions due the property owner. Often, they lose access to manage their own rents.
This happens even if the tenant is still paying rent. It’s because a vacant tenant, especially a large one, loses business for the surrounding business.
Example: A grocery store in a strip mall closes down for repairs. Even if they are still occupying the space, it would cause a trigger. Lots of the other spaces in the strip mall are more valuable with traffic from the grocery store shoppers.
TLDR, they don’t want a loan violation that will cost them.
How many people start companies, rack up a bunch of debt, then create another company that buys everything except the debt?
It’s BS they didn’t know about it. They got the financials before the deal. Even if it wasn’t directly listed as a line item it would have been a part of the expenses.
They still thought the deal was worth doing as it was based on incoming revenue and outgoing expenses.
I didn’t even get an email about this. I would have been angry when my subscription auto renewed. I love Trakt but this is too much. I’ll be cancelling too
EDIT: I cancelled. Bummer. I’ve been a user for 12 years. I track things religiously and I tried to contribute to their site by creating public lists that have actual value.
It’s too short a notice, a flimsy justification, and a poor execution. The auto tracking features they added recently really messed up my watch history so now is as good of time as any to quit.
It’s funny. They target people who burned the trucks, but insurance claims are probably their best chance to get paid for the trucks.
I have some hexbear communities turned off in my feed, but I have subscribed to some also. Lemmy is growing but it’s still a small community. Sometimes, I want to see posts on a niche topic and I’ll take what I can get.
Thanks for posting. I was literally l looking for updates on this recently and couldn’t find anything. I was worried that it might have been forgotten about
What is considered high? I have an above average intelligence, but I also have ADHD.
I have a fantastic memory, but I can’t always choose what I remember. I’m great at facts and trivia but I can’t remember things that are actually important in my life.
I didn’t have to study in school. I could glance over the material minutes before a test and pass without trying. Then, I got to college and I didn’t know how to study as I’d never done that before. I failed out.
Yeah, could have been called “kids are learning how circuits work thanks to TikTok trend” and suddenly the story has a whole other meaning
But do the drivers speak English? /s
My bf and I went to see Dethklok and DragonForce. We both went to the restroom at the same time.
I walked right the women’s room, went and then joked around with the other women about how we walked right in I left the restroom pushed my way through crowds, saw my partner was still standing in line, went to the bar, got drinks, then hung out until he was done.
IT WAS SO WEIRD AND AWESOME.
Also the concert was awesome.
Futurama!
I’m don’t trust any .gov sites anymore. If I’m researching and I see that it’s a government site, I move on. I can’t trust that info.
The whole thing is scary
All the posts are from the same account.
I just checked, it’s all from the same account.
I was really trying to rack my brain for this question but, you helped me.
Mine is a pet too. A dog. I have a Dalmatian and there was one up for adoption at a local shelter.
I went to meet him, and the shelter sort of pushed him into me right then. It was more expensive than it should have been also.
In the end, I’m glad I brought him home. My first dog loves to wrestle with him and the shelter ended up getting shut down for violations with the state. I’m so happy he got a good home with me and didn’t get sent to who knows where when the shelter closed.
Once I order tampons on Amazon. They just put a shipping label directly on a single box.
I’m not embarrassed by stuff like that, but how weird.
I wish I had received a realistic expectation when I went. Aside from vomiting in the parking lot after, I should have found someone to drive me. I had a very very hard time getting home and I shouldn’t have driven at all. I’m lucky I didn’t cause an accident.