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Post by lazyb767 on Sept 30, 2021 18:25:41 GMT -5
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Post by neil36 on Sept 30, 2021 20:30:31 GMT -5
That is exactly my thinking on this move. UTHR pays “cost of goods plus”. The rent payments on the facility are now easily lopped in to costs and passed along (in part) to UTHR Shrewd move, IMO |
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Post by boytroy88 on Oct 1, 2021 5:55:39 GMT -5
The interesting question is who is the purchaser? Let the conspiracy theories begin! 😁 It says right there in the document that was posted. 1 Casper, LLC, an affiliate of Creative Manufacturing Properties, Inc. The latter acquires these properties, then tries to find tenants. cmpreit.comcmpreit.com/solutionsKind of interesting that the purchaser is named 1 Casper and the location of the property is on One Casper Street. |
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Post by hellodolly on Oct 1, 2021 6:02:29 GMT -5
Creative Manufacturing Properties: CMP combines deep life science and capital markets expertise to provide tenants with attractive solutions through a wide variety of lease and financing structures. CMP can act as a source of capital via sale-leaseback of existing real estate assets, or acquisition or development partner for real estate expansion needs. Target CMP tenants include CDMOs, cell and gene therapy companies, pharmaceutical companies and medical device manufacturers. CMP can solve space requirements through both acquisition and development. Thanks mnkdfann |
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Post by sportsrancho on Oct 1, 2021 8:01:04 GMT -5
It says right there in the document that was posted. 1 Casper, LLC, an affiliate of Creative Manufacturing Properties, Inc. The latter acquires these properties, then tries to find tenants. cmpreit.comcmpreit.com/solutionsKind of interesting that the purchaser is named 1 Casper and the location of the property is on One Casper Street. 👻😁 |
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Post by celo on Oct 1, 2021 8:32:00 GMT -5
It seems ever so likely that United purchased the building. Wouldn't the purchase appear in UTHR's third quarter report?
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Post by sportsrancho on Oct 1, 2021 8:45:46 GMT -5
Didn’t someone create a holding company so they wouldn’t have to revealed this? 👻
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Post by mnkdfann on Oct 1, 2021 8:55:32 GMT -5
It seems ever so likely that United purchased the building. Wouldn't the purchase appear in UTHR's third quarter report? The agreement clearly states who the purchaser is, and it wasn't UTHR. See the agreement, or some of the posts above. To reiterate, this was the purchaser: cmpreit.com/about |
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Post by prcgorman2 on Oct 2, 2021 0:49:40 GMT -5
Re-post from February 28 back when there was some speculation UTHR might be involved..."I recall the argument that the plant wasn't worth much. The basis for this was that the facility is a specialty plant and who would be interested in buying if a fire sale had to occur. Potential bankruptcy still lingered at the time at least from the bashing perspective. That thinking ignored that a sale lease back would be a real estate financial transaction with the new owner having no serious interest in actually owning the plant but big interest in the rental income and tax implications. There's a huge market in the U.S. for groups buying rental houses to rent. For the lack of a better example, this is somewhat similar to a reverse mortgage on a house where the occupant retains the right to stay and even payoff the loan at a later date and retire the reverse mortgage. With the plant being ultra modern and success for Mannkind now looming strong, the timing was right for both buyer and seller to make this deal. IMO, those claiming the plant would not be worth much were simply dead wrong as has now been proven." Reverse mortgages I can understand. Thanks for all your input! On another note I don’t think anybody’s beating anybody up. I think it’s been a good discussion. That’s what the board is for. Lets see how the market votes on it. I think the market gave it two thumbs up. |
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Post by awesomo on Oct 2, 2021 1:44:01 GMT -5
Reverse mortgages I can understand. Thanks for all your input! On another note I don’t think anybody’s beating anybody up. I think it’s been a good discussion. That’s what the board is for. Lets see how the market votes on it. I think the market gave it two thumbs up. What? It is pretty much at the same PPS (4 cents higher) as when the filing was released AH on Wed. That is much more a collective "meh". |
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Post by sportsrancho on Oct 2, 2021 8:50:02 GMT -5
Actually like Peppy said we’re in the IBB and we seem to be going down and up with it🤷♀️
Hoping soon to make a break for it…
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Post by peppy on Oct 2, 2021 9:24:37 GMT -5
This is interesting. I see COPD. A terrible way to die, a terrible way to be talked to death, a terrible way to die. Number of deaths for leading causes of death Heart disease: 659,041 Cancer: 599,601 Accidents (unintentional injuries): 173,040 Chronic lower respiratory diseases: 156,979Stroke (cerebrovascular diseases): 150,005 Alzheimer’s disease: 121,499 Diabetes: 87,647 Nephritis, nephrotic syndrome, and nephrosis: 51,565 Influenza and pneumonia: 49,783 Intentional self-harm (suicide): 47,511   |
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Post by peppy on Oct 2, 2021 9:32:50 GMT -5
Pass through costs.  |
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Post by prcgorman2 on Oct 2, 2021 9:38:34 GMT -5
I think the market gave it two thumbs up. What? It is pretty much at the same PPS (4 cents higher) as when the filing was released AH on Wed. That is much more a collective "meh". I said two thumbs up because there wasn’t a down reaction in a down market. But on reconsideration, I think your characterization is more correct. There was much more reactionary comments on MNKD ProBoards than how the street reacted. Tempest in a teapot. |
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