Non Recourse Debt
topic on 1 show · 1 statements across 1 episodes
1 statements about Non Recourse Debt, every show
Sam Zell Earned a 3% Real Return Instantly Through Debt-Inflation Arbitrage
“I essentially took on four billion dollars of non-recourse debt at an average interest rate of six percent in an environment with inflation of nine percent or higher. That means I was already making three percent returns the second the deal closed without doin…”