Much of weekend spent on monster memo intended for investors with whom we meet again tomorrow. Despite the length and depth of this latest missive – one of many by the way – we seem to be talking an unknown dialect of a nearly extinct language. Blank looks punctuated by raised eyebrows and pen-tapping expletives. Somehow, we arrived at the notion of meeting minutes during our last session of last week. We trade small-font, single-spaced written exchanges in which each party summarizes what they believe was discussed. It’s sort of working. At least the wildly different points of view are on the table instead of being wrapped in optimistic assumption that we’re all hopefully on the same page.
March has officially closed. Record month. Not just a record March but a record in the true meaning of the word – the best month ever. With respect to the month profile, we defied that final week rush of rental deals and frenetic shouting to cram it all in before midnight on the last working day. Instead, the deals were scattered beautifully allowing administration to remain on low boil and allowing tempers to remain jacketed.