Steve – I did read it – carefully, and loved it! I really appreciated both the consistent upbeat tone, and the detailed questions regarding cap rates and GIMs. For me, personally, it its very helpful for my work, and results in many fewer questions that I have to ask on how buyers buy golf courses (for the tax appeal questionnaire). You have already asked many of my questions!

Stuart D. Holtzman, MAI

Senior Analyst, Integra Realty Resources - Richmond

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