Are you familiar with commercial loan financing?
Posted on: May 21, 2020 at 12:45:18 CT
OntheMark MU
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Kroenke personally guaranteed all those loans and likely most of his other businesses gave corporate guarantees. If he files for Chapter 11 protection, the banks can just go after him and these other companies. I personally hope he put up that large ranch in Texas that he bought and then tried to kick out the tenants that had been there forever who were living on a small sliver of the property. The banks foreclosing on that would be karma at its finest.