Well, it's hard to verify raising private funding, as either money-in-bank or contractual-commitments for when the timing is right. But the 1st part of this st

Well, it's hard to verify raising private funding, as either money-in-bank or contractual-commitments for when the timing is right. But the 1st part of this story fits recent trends in SF's commercial market, with some high-profile loan-walkaways on marquee properties. And it fits history, where deep-pocketed investors are happy to see many kinds of asset crashes – if they've kept their "powder dry" – to snatch up valuable properties at lows. Do you think people running this strategy want it to be widely understood?