Effective today the Post is going up for Sale. The Intent is to settle the IRS Tax Obligation and to try to find an Investor that will do a long term Lease back to us. Because of the continued Financial Problems that is facing the Banking Industry we were turned down on the Refinance Effort. Being a Non-Profit there are more stringent 'Parameters' on Loans given to Non-Profit Organizations. With the Equity that we have in the building, my Plan is to revise the Operational Procedures and Expense'…
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Posted on December 18, 2008 at 9:07am — 3 Comments