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#	AUTHOR DATE SUBJECT
5	member 4/01/20 10:06AM Re: Re: Re: Re: Why is the master lease "impenetrable"? 4
It's called Corvex. His ownership is in MGM. Yes MGM owns 60% of MGP, but I doubt Corvex allows MGM to get wiped without MGP being impaired. view available tags
4	member 4/01/20 1:24AM Re: Re: Re: Why is the master lease "impenetrable"? 3
No rent relief. More like debt relief. Its called restructuring, if it gets to that point in a super-severe scenario, and the bonds probably end up owning MGM. Most problems get solved by erasing a few billion... login to read the rest view available tags
3	member 3/31/20 10:31PM Re: Re: Why is the master lease "impenetrable"? 2
How do you think about rent coverage in a post-COVID, paranoid world? What types of rent relief need to be provided and is it permanent or temporary with amortization through remainder of lease? Not MGP view available tags
2	member 3/31/20 8:46PM Re: Why is the master lease "impenetrable"? 1
Not the author, but I bought this last week & am very happy with it (actually bought all 3 of the big gaming reits as the prices made no sense). I dont think we will... login to read the rest view available tags