Adam Fountain вЂ“ Get ahead.
Adam Hooper вЂ“ if you take on leverage, if you raise a $200 million fund, you click over here might lever that to $400 million of capacity if you raise a $200 million fund, you have $200 million of capacity, where youвЂ™re saying.
Adam Fountain вЂ“ Right. And where in actuality the issue may appear is, letвЂ™s assume you create a million buck loan. YouвЂ™ve raised $500,000 from investors, then you borrowed $500,000 from the bank to produce that loan to this developer or builder. (altro…)