Apr. 9 at 3:19 AM
$RC since I last checked on March 31 till evening of April 8th, 6 more condos at the Portland Ritz Carlton have closed.
$7.3m in gross sales. Total so far this year 19 condos,
$23.6m and average selling price of
$1.2m. From the earnings call they said they had 16 under contract and 9 under reservation. They also said they were focusing on the smaller condos first. Hope they are using the capital to buy back more stock. Will be interested to hear how many additional are under contract or reservation on the Q1 earnings call. All of the 6 sales were recorded by March 31st but did not show up in the online search at that time.