non-recourse debt
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 19, 2023 by David Senra · across every show →
Everything said about non-recourse debt, oldest first
Oct 19, 2023 positive
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…”