you are correct
I saw that this development is going to be $50-$60M. Lets make the math easy and say its $52M. Any decent private wealth manager should get an annual return of 10% for his/her client (and maybe more). So the opportunity cost for this 'project' is $5.2M a year in investment earnings... Who really believes this 'wedding venue" is able to bill out $100,000 per week minimum every single week of the year? It doesn't add up...
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