I'm not actually sure who operates the property.

I guess the whole point of this is, how should I feel?

@Mark Updegraff guessing the upside of my stock portfolio is definitely the wild card, as its more discretionary investment we went heavy risk with AI / tech with large upsides but also wild swings.

I have never had an actual deal done.

(they're actually starting to slightly pickup).

Or is that actual so you have the ability to add more to the bottom line? 

But guess what?

I would guess that an employee in the zoning department could answer questions, too.  

Quote from @Brandon Croucier: That’s a killer loan if they are actually offering that.Seems extremely below market value as even primary mortgages are higher than this right now.I would beware of a bait & switch on this. 

I don’t know the Memphis market, but I’m guessing there is not crazy appreciation.