I work in commercial real estate. This is a normal common practice in commercial real estate. They honestly do this for pretty much every type of real estate and for as many as they can.
They securitize it in portfolios and sell off interest in those payments to others. They intentionally mix and match properties in portfolios so if one fails, there is less risk to the whole thing.
I've seen fast food restaurants, malls, airports, billboards, cell towers, hollywood studios, aerospace firms, law firms, hotels, apartments, everything. And yes, also data centers
Well, Oracle will implode and Ellison will be broke. He and his idiot son will probably have to sell off all their media holdings. So, a small silver lining. You cant eat it, but ...
probably, I kinda hope Oracle doesn't fall too much because I like using their free tier as an overcomplicated vpn because my isp has some fucked up network config (maybe CGNAT?)
I work in commercial real estate. This is a normal common practice in commercial real estate. They honestly do this for pretty much every type of real estate and for as many as they can.
They securitize it in portfolios and sell off interest in those payments to others. They intentionally mix and match properties in portfolios so if one fails, there is less risk to the whole thing.
I've seen fast food restaurants, malls, airports, billboards, cell towers, hollywood studios, aerospace firms, law firms, hotels, apartments, everything. And yes, also data centers
If AI fails, that is 25% of the US GDP, isn't it? How can you distribute risk for that?
Oh great that makes me feel much better now they're going to take down the entire economy. Although to be honest the US economy was doomed anyway.
That sounds like 2008 crisis waiting to happen again and again and again
Well, Oracle will implode and Ellison will be broke. He and his idiot son will probably have to sell off all their media holdings. So, a small silver lining. You cant eat it, but ...
probably, I kinda hope Oracle doesn't fall too much because I like using their free tier as an overcomplicated vpn because my isp has some fucked up network config (maybe CGNAT?)
which were all caused a republican, starting the cycle, of re-electing the same gop and Dinos.