The first question is if the ground lease is subordinate to the building loan/lien? ------------------------------ David Eichenblatt President Loan Guarantee Insurance Services Atlanta GA (404)229-5888 ------------------------------

Thank you all!!! All of you gave great points, I appreciate you taking the time to respond. Matt ------------------------------ Matthew Soud Senior Credit Analyst First Bank La Belle FL (863)675-4242 ------------------------------

I agree with a number of the other comments that reference the fact that "it depends," so I won't restate the excellent points that others are making.  A few other things to consider when trying to determine the appropriate amount of liquidity: What ...