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DEBENTURE PRICES : this is the way to play the turnaround -------------------------------Issuer : Symbol - : Coupon : Maturity / Last: Value: YTM : Premium: Gran Columbia Gold Corp : GCM.DB.U : 1.00% 11-Aug-18 55.00 73.08 30.29% -24.74% 769.23 0.13 GCM 0.10 Gran Columbia Gold Corp : GCM.DB.V : 6.00% 02-Jan-20 57.00 73.08 24.65% -22.00% 769.23 0.13 GCM 0.10 > http://www.financialpost.com/markets/data/bonds-debentures.html Value Calc: US$ 1,000 / US$0.13 = 7,692 shares 7,692 x C$0.10 = C$769.20 x 0.765 = US$ 588.44 Acquisition of US$4,165,943 2020 Debentures of Gran Colombia Gold Corp. TORONTO, ONTARIO--(Marketwired - Jan. 25, 2016) - Blue Pacific Assets Corp*. ("Blue Pacific") acquired approximately US$4,165,943 Senior Secured Convertible debentures due 2020 (the "2020 Debentures") of Gran Colombia Gold Corp. ("Gran Colombia"), which are convertible for approximately 32,045,715 common shares of Gran Colombia (the "Common Shares") at a conversion price of US$0.13 per share (equal to approximately CA$0.19 as of January 20, 2016) pursuant to the debt restructuring completed by Gran Colombia on January 20, 2016 through a Plan of Arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). The 2020 Debentures were acquired in exchange for the US$4,000,000 principal amount of 10% Secured Gold-Linked Notes (the "Gold Notes") previously held by Blue Pacific, pursuant to the Arrangement. Prior to completion of the Arrangement, Blue Pacific beneficially owned or controlled 3,538,326 Common Shares and 1,167,953 common share purchase warrants entitling Blue Pacific to acquire up to 1,167,953 Gran Colombia Common Shares representing 18.92% of the issued and outstanding. Following completion of the Arrangement, Blue Pacific beneficially owns or controls 3,538,326 Common Shares, warrants entitling Blue Pacific to acquire up to 1,167,953 Gran Colombia Common Shares and approximately US$4,165,943 principal amount of 2020 Debentures representing 4% of the principal amount of 2020 Debentures. These combined holdings represent 36,751,994 Common Shares or 25.04% of the outstanding Common Shares on a partially diluted basis taking into account the outstanding Common Shares and assuming the exercise of all of the warrants and conversion of all of the 2020 Debentures over which Blue Pacific exercises control or direction and no others > http://www.marketwired.com/press-release/acquisition-of-us4165943-2020-debentures-of-gran-colombia-gold-corp-2090799.htm *Blue Pacific — Iacono and (Frank) Giustra’s private company led by Jaime Perez Branger: > https://settysoutham.wordpress.com/2013/04/05/access-journalism-done-right-the-serafino-iacono-case/ Of all the companies in Frank and Fino’s portfolio, Petroamerica Oil Corp. (TSXV:PTA) is the one they’re most excited about. “There’s a huge opportunity for Petroamerica to be the consolidator of light oil projects in Colombia,” Fino says. “CEO Nelson [Navarette] is the top oil executive in Colombia, with the best connections in the country. This is the next Pacific Rubiales.” Frank and Fino are two of the largest holders of PTA shares, last at 32 cents.

INCOME, Historical Production ------------: AUProd : AGPrd : -Revs.- : NPBUI : Net Inc. : PerSh : Q1 -2015- : 23,973 : 00,000 : $ 00.0m : $07.1m ($1.8m): ($0.08) : Q2 -2015- : 28,495 : Q3 -2015- : 43,019 : 00,000: $ 39.3 m : 9mos ' 15- : 86.807 : 000.0k: $101.1m : Q4 -2015- : 30,051 : 12mo'15: 116,857: 147,817: == Q1 -2016- : 31,489 : 00,000: $34.3 m : $11.6m : $ 0.3m : $0.00 : April ------- : 12,053 : 4 months : 43,542 : ann.> 130,626 Q2 -2016- : 12mo TARGET : 120,000 - 138,000 ==== Deb.s O/S : 2018 deb : 2020 deb. : Total OS > shares Original -- : $ 71.1Mm : $104.0Mn : $175.1Mn : 114.13mn shs Interest p.a. : $ 711 k : $ 6,240 k : $ 6,951 k : C-versions : $ 02.3Mn : $ 00.7 Mn : $ 03.0Mn> 23.2 mn Current --- : $ 68.8Mn : $103.3Mn: $172.1Mn : 137.07mn shs Interest p.a : $ 680 k : $ 6,198 k : $6,878 k :

HISTORICAL Production : GoldProd : SilverPrd : Revenues : NPBUI : Q1 -2014- : 19,200 : Q2 -2014- : 25,713 : Q3 -2014- : 31,219 : 9mos ' 14 -: 69,579 : Q4 -2014- : 29,034 : 12mos '14 : 98,614 : 125,909: == Q1 -2015- : 23,973 : Q2 -2015- : 28,495 : Q3 -2015- : 43,019 : 9mos ' 15 -: 86.807 : Q4 -2015- : 30,051 : 12mos '15 : 116,857: 147,817: == Q1 -2016- : 31,489 : Act. April ----- : 12,053 : 4 months-- : 43,542 : ann.> 130,626 Q2 -2016- : 12mo TARGET : 120,000 - 138,000

Gran Colombia Gold Announces First Quarter 2016 Results; Steady Improvement in EBITDA, Costs and Production On January 20, 2016 (the "Exchange Date"), Gran Colombia completed the comprehensive restructuring of its Senior Secured Gold-Linked Notes due October 2017 (the "Gold Notes") and Senior Unsecured Silver-Linked Notes due August 2018 (the "Silver Notes), bringing it out of default and improving its liquidity as it continues with its mine plan implementation at the Segovia Operations. Gran Colombia reported further improvement in its quarterly adjusted EBITDA which amounted to $11.6 million in the first quarter of 2016 compared with $7.1 million in the first quarter last year. Increased production together with the significant reduction in total cash costs and G&A expenses were the primary drivers. See the Company's MD&A for the computation and components of this non-IFRS measure. Gran Colombia maintained its cash position at $3.0 million at the end of the first quarter of 2016. Adjusted EBITDA generated in the first quarter of 2016 was deployed to fund interest payments on the Company's senior debt, costs associated with completion of the comprehensive restructuring, capital expenditures and payment plans with local creditors as part of the Company's initiative to reduce its working capital deficit this year. Gran Colombia met its expectation for the first quarter of 2016 as gold production totalled 31,489 ounces, up 5% from the fourth quarter of 2015 and up 31% from the first quarter a year ago. With a further 12,053 ounces produced in April, the Company remains on track with its production guidance for 2016 of a total of 120,000 to 138,000 ounces of gold for the year. Revenue of $34.5 million in the first quarter of 2016, up 12% over the first quarter last year, primarily reflects the increased gold production this year that contributed to a 17% increase in gold ounces sold, offset partially by the impact of lower gold prices in 2016 that decreased the Gran Colombia's realized gold prices by 4% to an average of $1,144 per ounce for the first quarter of 2016. Devaluation of the Colombian peso, the increased gold production reducing fixed costs on a per ounce basis, and cost savings all combined to reduce total cash costs by 17% from a year ago to $685 per ounce in the first quarter of 2016 and bringing all-in sustaining costs ("AISC") down by 16% to $790 per ounce for the first quarter this year. See the Company's MD&A for the computation of these non-IFRS measures. Gran Colombia reported net income attributable to shareholders of $10.8 million for the first quarter of 2016, or $0.15 per share, compared with a net loss attributable to shareholders of $3.3 million, or $0.14 per share, in the first quarter of 2015. The current quarter's net income attributable to shareholders includes $14.5 million, or $0.20 per share, of after-tax mark-to-market ("MTM") gains on the Gold and Silver Notes up to the Exchange Date. Read more at http://www.stockhouse.com/news/press-releases/2016/05/12/gran-colombia-gold-announces-first-quarter-2016-results-steady-improvement-in#4EIe3i3EGST1Ff7Z.99

"I met with Chinese and they were all asking if the US under Trump would cut taxes ... US tax rates are now at 35%, and 25% in China. If the US cuts rates to 20%, the jobs will come back from China.... There are trillions sitting offshore, held by corporations, that could come back." - Roger Stone Trump's meetings - with James Baker, Kissinger, etc some very interesting comments by Roger Stone from about 7 minutes in ROGER STONE: I MET WITH CHINESE DIPLOMATS, THEY ARE TERRIFIED OF DONALD TRUMP "Is Trump being co-opted by the establishment?" No: "He's PLAYING the establishment... learning what he can learn" "No one is going to get him to change his views" (on war, etc.) Infowars had previously reported:

The tech sector in the City of Philadelphia looks to be on strong footing, ...with more than 100,000 millennials having entered the market since 2006. The industry's also seeing continued support through local government incentive-based programs. However, the market also has some challenges to overcome before it can reach its full potential. Venture capital investment remains low in this first-generation tech market, keeping many companies in the startup phase. Additional seed capital and angel investor activity will likely be needed to grow the current crop of tech companies. Learn more about current market conditions across Philadelphia—and how we expect them to shift in the coming months—specifically as they relate to the tech industry. ​ == > Tech Office outlook: http://www.us.jll.com/united-states/en-us/Research/US-Philadelphia-tech-office-outlook-2015-JLL.pdf?28f147d8-9fd5-4429-beea-2148eb1bcf96

MANILA : Up 9.5% y-o-y to reach PHP 157,364 per sqm “Developers hold new launches to address supply overhang.” Claro dG. Cordero, Jr., Head of Research, Philippines – RESIDENTIAL STAGE IN CYCLE For 2011 to 2015, completions are year-end annual. For 2016, completions are as at 1Q16, while future supply is from 2Q16 to 4Q16. Physical Indicators / Arrows indicate 12-month outlook SUSTAINED DEMAND FROM EXPATRIATES • Expatriate employees of the offshoring and outsourcing (O&O) sector, high-income individuals and households drove demand for the luxury residential condominium leasing market in Makati CBD and Bonifacio Global City (BGC). • Investment demand was supported by the favourable economic performance coupled with stable interest rates. Net absorption remained robust in 1Q16 at 1,369 units, although this was lower than the 2,075 units recorded in 4Q15. THREE DEVELOPMENTS COMPLETE IN 1Q16 The Lerato Tower 1 and Alphaland Makati Place in Makati CBD and Park West in BGC were the three developments completed in 1Q16, adding 1,805 units to total existing stock. The average vacancy rate was recorded at 7.5%, up 70 bps q-o-q. • No new launches of high-end residential projects were observed in 1Q16. Nonetheless, a record amount of new residential supply is slated to complete in 2016, and in particular, eight residential developments with a consolidated total of around 2,500 units are expected to complete in 2Q16. RENT AND CAPITAL VALUE GROWTH ON THE SLOWDOWN Rents maintained an upward trend but rose at a slower pace, recording a 0.8% q-o-q and 3.6% y-o-y increase to PHP 775 per sqm per month. Meanwhile, capital values increased faster than rents, rising by 1.5% q-o-q and 9.5% y-o-y to reach PHP 157,364 per sqm. Consequently, investment yields declined 4 bps q-o-q and 34 bps y-o-y. • Pre-sales in high-end residential developments remained robust on the back of continued investor interest and favourable economic performance and outlook. OUTLOOK: GROWTH IN RESIDENTIAL MARKET EXPECTED TO SOFTEN It has been observed that property developers are slowing new residential project launches in the middle- to high-end segments this year in order to address an overhang in residential supply. The incoming addition to residential stock will likely put further upward pressure on vacancy rates. • Demand for mid-end products by overseas Filipino workers in the Middle East may slow if oil prices remain low. Nevertheless, demand for high-end/luxury residential products should still register steady growth in the next 12 months, as the economy is poised to perform better than last year, according to forecasts == > pg. 55: http://www.ap.jll.com/asia-pacific/en-gb/Research/asia-pacific-property-digest-1q-2016.pdf?2714d016-1ce7-4fd6-b77b-bb09ed19e1d9

A Good VP? : Buchanan blazed the trail for Trump Blazing the trail for Donald Trump

Donald junior here, sounds so much more appealing than ... say a young Senator like Marco Rubio - you can hear his sincerity Is a new type of patriot-politician emerging? Donald Trump Jr. reacts to the primary results

How Trump will take Hillary apart Jeff Rense & Jay Weidner - America Fractured Compare voices: "Her cackle is one of the most annoying things ever." "When I listen to his voice, I hear his sincerity" "I cannot listen to Obama... all I hear is his insincerity... same with Cruz"Watching Trump destroy (evil) Hillary promises to be one most entertaining shows of political theater in history.

The Air, and The Rise... are going up here - in front of Alpha Tower

Comments from Tony C's Blog simpleiam says: May 16, 2016 at 4:04 pm manu, any pumping that’s off-line is only temporary; it will start-up again as soon as possible. It would take a sustained price of WTI $70-75 for Energy to recover, and nobody, except T. Bone believes it’s going to happen for at least a few years. It might hit the upside briefly, but it won’t stay there. That’s the opinion of the big boys I work with. I am not an Oil trader, so… torehund says: May 16, 2016 at 6:26 pm Thanks Simple for getting all of us as close as we ever get to the real insiders. Many exporting countries would normally do fine with 60-70 usd a barrel if their respective currencies adjusts accordingly. The losers will be the oil companies themselves and of course the rig sector, supplies etc. I just can see many of them not going belly up in a major way. Indirectly the exporting countries suffer trough increasing welfare expenditures and lack of revenues from the companies that go bust and even from the marginal survivors. Maybe only big oil corps will survive, as they have probably hedged themselves sufficiently ? Torehund says: May 16, 2016 at 8:46 pm In that respect avoid Norwegian State oil. Dividend is upheld by artificially funneling Gov money to a bank in Central europe, then looping it back to stockowners (majority owned by Gov). They don’t get it all back, but a big chunk of it nevertheless. This maneuver prevents the stock from plummeting, and the symbol of greatness persist for now:) simpleiam says: May 16, 2016 at 7:38 pm You’re welcome tore. Yes, the Big Guys are cutting expenses, namely employees & contractors to the bone. Gathering survival & buy-out cash, and issuing bonds; at least one issuance for OPEX and to pay dividend. 3rd bond issuance in 6 years. 1st was in 2012, then, in 2014, now again this year. In my mind, when they have to issue bonds to pay div, it’s not a good sign at all. That same corp went from AAA to AA+.

Hillary Clinton must think we're stupid. Daily, the list of things her campaign expects voters to ignore or forget grows longer and longer. It's gotten ridiculous, actually. Yesterday, she openly mocked Donald Trump for not releasing his tax returns and stated emphatically that his unwillingness to release them suggests that he is hiding something. How though, does she use this logic on Trump while she defiantly refuses to release the transcripts from the millions of dollars worth of paid speeches she gave to big banks all over the country. Ninety-seven days ago, when asked if she'd release the transcripts, which she has and owns, Clinton said she'd look into it. Is she still looking? KING: Democrats, you need to change your mind about Hillary Hillary Clinton's euphemistic language was called out by FBI Director James Comey. (Mel Evans/AP) Are we expected to just forget about these speeches, even though employees from Goldman Sachs said if they were released it would tank her campaign and make her look like a Managing Director for the company? Now, Hillary's campaign wants us to ignore poll after poll after poll which shows her either losing to Donald Trump or so close that it's within the margin of error. She's barely beating Trump, 41-40 in the new Reuters poll. == > http://www.nydailynews.com/news/election/king-hillary-clinton-avoid-reality-polls-article-1.2634602

A TIGHT RACE The latest poll from Reuters/IPSOS finds a very tight general election race nationwide. . Democrat frontrunner Hillary Clinton has a slim 4-point lead over GOP presumptive nominee Donald Trump. Clinton has 41 percent support against 37 percent for Donald Trump, within the poll’s margin of error. Reuters reports that the race has narrowed since last week, driven largely by a drop in Clinton’s favorability among voters. Only 45 percent of registered voters have a favorable opinion of Clinton, down slightly from last week. Trump’s favorable numbers have also dipped, however. Just 41 percent of voters have a favorable opinion of the real estate developer. . Trump’s drop in favorablity alongside Clinton’s has prevented the likely GOP nominee from moving above the Democrat in the tracking poll. Trump does, however, have a big lead among Independents in the poll. He is the choice of 42 percent of Independents, far more than the 19 percent who prefer Clinton. . . . Almost 7-in-10 Americans think the country is on the wrong track, including, even, 51 percent of Democrats. Among Independents, three-quarters, 74 percent, believe the country is on the wrong track. This represents an enormous headwind for Hillary Clinton, who has campaigned on continuing and expanding on President Obama’s policies. Predictably, the economy in general is the top concern of all voters, regardless of party or political affiliation. For Democrats, though, unemployment and health care are tied for second, while terrorism is fourth. By contrast, terrorism is the second top concern for Republicans. Independents are the least worried about terrorism. Less than 1-in-10 list it as their top concern. After the economy, health care is their top concern. Interestingly, “morality” is the third top issue for Independents. Among Republicans, “morality” is tied for fourth with immigration. == > http://www.breitbart.com/2016-presidential-race/2016/05/16/reuters-general-election-narrows-clinton-trump-race-toss/

Financial Collapse Leads To War | Gerald Celente and Stefan Molyneux . SM: Property sales showed a sharp fall in February GC: The hot spots are overbuilt, and there will be a pullback... First RE collapses, then the jobs decline. This isnt the time to be buying real estate. There will be a pullback but it wont stay down forever. The hot spots will cool. The higher end will crash first. First the high end drops, then the rest comes down ========== Let's look at the charts... CIGI /. Colliers Group .. All-data : 10-yrs : 5-yrs : 1-yr / 10d IYR /. US Real Estate etf : All-data : 10-yrs : 5-yrs : 1-yr / 10d PHM /. Pulte Homes ..... All-data : 10-yrs : 5-yrs : 1-yr / 10d HGX /. Housing Index .. All-data : 10-yrs : 5-yrs : 1-yr / 10d

Trump narrows down VP choice to five individuals Published on May 13, 2016 Newt Gingrich weighs in on the GOP candidates potential running mates on 'The O'Reilly Factor' Z34 Racer @realDonaldTrump tweeted about an hour ago - "The @washingtopost report on potential VP candidates is wrong. Marco Rubio and most others mentioned are NOT under consideration". I would vote for Trump/Gingrich. imisslola321 Trump is smart enough not to choose Gingrich..........they'll murder Trump and then he will seat Trump seat...........I don't trust Satan Worshipers a second..............what a screwed up people Globalist are...........why they can't see that?!!!!

Donald Trump Calls Hillary Clinton “Trigger Happy” as She Courts Neocons By GPD on May 13, 2016 . ...if "W" had gone to the beach every day 15 years ago, we would be better off... By Rania Khalek DONALD TRUMP DERIDED Hillary Clinton’s hawkish foreign policy record over the weekend, a glimpse into a potential general election strategy of casting Clinton as the more likely of the two to take the nation to war. Just moments after maligning Syrian refugees at a rally in Lynden, Washington, Trump pivoted into a tirade against Clinton as a warmonger. “On foreign policy, Hillary is trigger happy,” Trump told the crowd. “She is, she’s trigger happy. She’s got a bad temperament,” he said. “Her decisions in Iraq, Syria, Egypt, Libya have cost trillions of dollars, thousands of lives and have totally unleashed ISIS.” And he expressed a rarely heard appreciation for the “other side to this story,” noting: “Thousands of lives yes, for us, but probably millions of lives in all fairness, folks” for the people of the Middle East. Trump implied that casualties inflicted by the U.S. military were far higher than reported. “They bomb a city” and “it’s obliterated, obliterated,” he said. “They’ll say nobody was killed. I’ll bet you thousands and thousands of people were killed every time you see that television set.” == read more here

More vacant property than can be filled in Lower North Philadelphia Wednesday, July 17, 2013 > that's 3 years ago : are attitudes changing now?? By Kellie Patrick Gates ( 6 Comments, at link) The in-the-works comprehensive district plan will likely call for some formerly residential or commercial areas to be cleared and turned over to other uses, such as farming. City planners have begun work on a blueprint for the future of Lower North Philadelphia – a collection of neighborhoods with so much vacant property, the district-level comprehensive plan won't try to fill it all. Some blocks in North Philadelphia, North Central, Norris Square, Olde Kensington, South Kensington, West Kensington, Yorktown, Ludlow, Brewerytown, Green Hills, Cecil B Moore, Sharswood and Strawberry Mansion have so few people living in them that it may make more sense for the city to buy out the few remaining residents and use the land for something else, such as farming, said planner and district plan manager David Fecteau. Some parks and recreation spaces are in such poor shape, the best choice may be closing them and focusing resources on those that remain open, or on new facilities that take the place of several shuttered old ones. “The situation is there's a slowly growing population and a lot of unused land,” Fecteau said. The hardest part of the planners' work “is going to be convincing people what the reality is,” he said. Condensing the area where people live and consolidating some services doesn't mean life will be gloomy in the future, though. The idea behind concentrating residential, recreation and commercial areas is to concentrate investment. “Overall, it's going to be smaller than it ever was, but we want to see it improve,” Fecteau said. “Smaller, but better.” Lower North Philadelphia has some huge assets: Temple University; 19 bus routes, four El stops and two regional rail stops; proximity to Center City, proximity to Fairmount Park and other parks and recreation centers and libraries. But it has huge challenges: While showing slight growth in recent years around Temple, the population has plummeted since its peak in the 1950s. Current median household income is $16,459. When adjusted for inflation, that represents a 10 percent drop in income since 1980. “We have a situation where 47 percent of the population is in poverty,” Fecteau said. “Overall, there's been an increase of jobs that require lower skills and pay less, and a decrease in jobs that require higher skills and pay more.” Some commercial and industrial parts of the district remain healthy, while others are mostly empty, Fecteau said. American Street is an example of both. A lot of businesses that once thrived there are gone, but "We're trying to hold onto sections" that remain vibrant. It's the decline in population that precipitated the abundance of vacant buildings and land. In Lower North Philadelphia, 13 percent of properties are vacant. There are about 4,000 vacant buildings, 80 percent of which were once residential or partly residential. There are 10,600 vacant lots, 40 percent of which are owned by the city or city-related agencies. “What we have is a lot fewer people living in the same area,” Fecteau said. Lower North Philadelphia also has 45 “ghost parks,” parcels of land, mostly the size of housing lots, that were once parks, or slated to be parks, but now are abandoned, and, like other vacant property, often home to dumping and other problems. == > http://planphilly.com/articles/2013/07/17/more-vacant-property-than-can-be-filled-in-lower-north-philadelphia

MARKET QWIRKS, and price / location mismatches (There is a Huge potential bid under the market price for better locations) A puzzle – why are call-centre workers under-housed The Philippines has a thriving business process outsourcing (BPO) sector. The BPO industry is now one of the country’s biggest sources of revenues, providing employment to a large number of workers. The country’s revenues from the BPO industry is expected to reach US$25.5 billion in 2016, according to FT Confidential Research. By that year, it is estimated that as many as 1.3 million people will be employed in the BPO sector. BPO agents are likely to wish to rent residential spaces near their workplaces due to their night shift schedules. Since BPO agents have foreign countries as their clientele, their work hours follow suit. This means that most BPO employees work at the night time where commuting is risky while taxi cab fares are expensive. There is a puzzle here. The income of this rising demographic overlaps with the investments made by the OFWs. Many call-centre agents are in the targeted income-bracket. But anecdotal evidence suggests that many of condominiums bought by OFWs are in the wrong place for call-centre agents. In any case, the bottom line is that their spending-power is not yet strong enough to absorb supply. Many have family obligations and prefer to live at home or with relatives. Maybe this will change. The Philippines will also soon experience a demographic ‘sweet spot’. The country has the third youngest population in the ASEAN region, next only to Lao PDR (median age of 21 years) and Cambodia (median age of 22 years). Based on its demographic profile, we can expect a strong demand for starter homes. “Affordable” housing The Philippines has a huge housing need at the low end. There are as much as 300,000 households in Metro Manila residing in informal and uninhabitable housing units which composes 8.7% of the total Metro Manila population. These people live in appalling conditions. Many others live in very poor conditions. To meet the needs of these families, the government embarked on the National Shelter Program to provide housing for informal settlers and other families who do not have enough income to rent nor buy houses in the prevailing markets rates. Socialized housing units, or those which cost less than PHP 450,000 (US$ 10,800) can be purchased with a monthly amortization of PHP 2,302 (US$ 56). The Pag-Ibig Fund, (which is the Filipino word for love), the country’s state-owned and subsidized housing loan provider, provides a fixed rate of 4.5% for 30 years for socialized housing units. The problem is that these low-end housing units are usually far from work. == > http://www.globalpropertyguide.com/Asia/Philippines/Price-History

COMMENTS received by email (on the school project, above) Summary: Purchased by Heights Advisors Feb 2015 (before the recent pop in the Philly market) 5.1M Initial Purchase ($11.53 per Sq Ft). This was probably as a down payment subject to many conditions for completion such as re-zoning, permits, etc. Esp since this is considered a historical building, so they will likely be constrained as to how heavy the rehab is. 24M Debt for completion and rehab. Therefore projected project cost of $65.80 per sq ft (assuming that they do not add further square footage) Financing costs on the debt LIBOR + 3.75% (did not say which LIBOR, so as of today, 1-Month would total 4.19%, and if 3-Month would total 4.38%, and 6-Month woud total 4.66%) I like the site as it's a full CD-Class site with lots of potential. There are existing apartment buildings next to it and still some available vacant land nearby. The replacement West Philly High School is only 2 blocks away towards Market. One of the few concerns is whether and how to incorporate parking. - per Leslie Chow

Ann Coulter debates a (self-identified) Jew about Trump... and wins Ann Coulter on The Bernie And Sid Show talking all things Donald Trump https://www.youtube.com/watch?v=jhuv56LJ70Y

Parachuting in? Is Joe Biden Going to Jump Into Presidential Race Now?! Published on May 12, 2016 In a recent interview Joe Biden said he would have liked to have had Elizabeth Warren as his running mate had he entered the Presidential race. Why is he talking about this now? Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.

Abby Martin does it again! Through he truth-telling, she nails the evil, satanic, illuminati-thrilling bitch from Hell. Now what was her name again? Abby Martin on Hillary Clinton’s Hunger for Endless Wars Published on May 2, 2016 Abby Martin sits down with Ring of Fire’s Farron Cousins to discuss her recent report on Hillary Clinton’s war-hawkish past, and what it would mean for America if she were to take the White House.

GETTING OUT OF DODGE (comment on a thread about the Philippines): "I believe that the investment return numbers will have to look pretty good before investing in Philippines. I do not believe that 8-9% gross yields would be good enough. For example, certain cities in the US property market are realizing much higher yields with less risk" RESPONSE: My own experience is this: + Hong Kong property prices are down 12% since the sale of my flat closed in Sept. 2016 + The Philippines condos I have purchased, are up: 10%, 5%, and 5% (approx.) since purchase + Two houses in Philadelphia are generating 11%+ pre-tax returns, which showing approx. capital gains of 30% and 10% (per Zillow valuations) In hindsight "getting out of Dodge" (Hong Kong property) was a smart move*. And I am looking at Makati, Philippines as a place to have a similar standard of living as Hong Kong, but at a much lower cost. The biggest surprise so far has been the rapid gains in Philly. I want to buy more there, and prices have moved up so fast, I am being cautious now. === === *Did you see the articles on HONG KONG on pg. A5 of yesterday's SCMP? + City's GDP growth at slowest in 5 years GDP grew at just a 0.8% rate in Q1-2016, and the official forecast of 1.5 percent looks like "an uphill task". Visitor arrivals in March were down more than 10% year-on-year + Harvard professor, Niall Ferguson, sees HK as being stuck between two poor choices: : Economic suicide, by trying to go independent (as falling on its face), or : Playing Beijing's game, which would mean the abandonment of historical freedoms Do people reading this, still truly believe that HK will always been seen as "the safe choice"? The risks are increasing imho, and the 2-3% net yields, and ongoing capital losses in HK, do not look "safe" at all to me. But i realize that if you buy into conventional thinking, you may be comfortable brushing aside the realities that I keep pointing out. Why do you think conventional thinkers perform so poorly? They cannot foresee "out of the box" risks, which my cycles help me to anticipate.

Watch Trump Destroy Clueless Protesters Published on May 14, 2016 Infowars has been on the scene at every major Trump rally exposing the total insanity of the anti-Trump protesters and showing people what the mainstream media refuses to show.