Tyhee Update
posted on
Aug 07, 2015 05:29PM
With the RMB Tyhee loan repayment deadline approaching next week, it's my understanding that there is considerable progress being made to buy Sutter. So, I'm hoping money, or signed agreements for that money, will soon be "in the bank" next week. Should there be a delay in financing, my hope is that RMB will continue to hold the door open for Brian Briggs longer than next Thursday's deadline...Interestingly, I was told by someone close to Sutter, that RMB has never gone through with a foreclosure. Let's hope Tyhee's not going to be the exception. Right now, I don't see that happening...Stay tuned.