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SBF has obtained the highest leverage loan in the history. 1m for 250m

• stevenwoo 4y ago
  It's not clear to me how his parents could even raise the amount of their home since it is Stanford faculty housing stock.
  • ksherlock 4y ago
    As I understand it, they "own"^1 the house and can encumber it with mortgages but Stanford owns the land and limits who it can be re-sold to 1: "residential ground lease" not "fee simple"
  • gnicholas 4y ago
    They would sell the house to another eligible faculty member. As long as Stanford is still hiring or tenuring new faculty, there will be a steady stream of potential buyers. In some cases, Stanford will buy on-campus homes and renovate them, and then resell them.
• yieldcrv 4y ago
  100x US Bond Guarantor Perp now trading on FTX
• nullc 4y ago
  > SBF has obtained the highest leverage loan in the history. 1m for 250m And people thought the skills he developed running FTX weren't useful...