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Finally, there was the new landlord-owner who said he had put up the money as part of his negotiation for tenant improvements and all of those subcontractors, architects, etc., said they are being paid expeditiously.
"As we get more stressful landlord-owner borrowers, they will be tempted to do things they wouldn't ordinarily do, and one is to appoint that receiver and get them in place under court supervision and capture those rents."
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