Other prominent purchasers of units included McDonald's Chief Executive and President Don Thompson and WMAQ-TV (NBC 5 Chicago) president and general manager David Doebler.
Purchasers of either unit must spend additional money to have the hub built into a wheel.
Buying in bulk the purchaser realizes the per unit cost savings over a period of use but pays for the savings upfront.
Buyers will be able to purchase the units at low cash prices because the amount of the building's underlying mortgage has been increased to absorb what would otherwise have been the prices of individual apartments, for which purchasers would have had to secure loans.
The purchaser pays the purchased player's debts.
We learned there were 150 units available, and each purchaser could claim two.
The 2008/9 commissioned prices for both units (i.e. cost to the purchaser) were lower than the actual costs of provision by about 20% for Unit A and 12% for Unit B. The total staffing levels for the units were almost identical at around 60 whole time equivalents (WTE).
Low vacancy rates in Toronto make it easy for condo owners to find renters, while resale statistics suggest that most of those investor-purchasers are holding their units for long-term gains rather than flipping them for quick profits.
"Yet purchasers have been able to obtain financing, and unit owners have been able to refinance".
Verizon noted in its securities filing that it had said many times that 'it would be a willing purchaser' of Vodafone's 45 percent stake in the wireless unit".
