Well I wasn't thinking about selling the buildings but rather selling the corporations that own the building. Two very different things. That would explain why the ideal orgs are outside of the regular corporate structure.
Well yeah but it still is a matter of cash flow at that point. Nobody buys a corporation that owns buildings where there is no return. Think about it for a moment.
First of all the value of the corporation that owns the building or buildings is a mixture of the worth of the building and the amount of revenue the buildings can generate through their tenants. The ideal orgs do not generate income - they consume. So that leaves only the liquidation of the asset by selling.
DM has already made one of the biggest financial faux pas in real estate. Scientology bought major properties at the top end of a very bullish market that has since collapsed. The buildings are worth a lot less than was paid for them. Those which have not actually been renovated and which are "devolving" are an even bigger liability.
If the worth of the corporation IS the worth of the buildings then buying the corporation is the same as buying the building. Anyone buying the corp or the building is going to have to know what sort of cash flow they are looking at , what their ROI is going to be.
The huge problem with big real estate packages is that unless they have proven tenants with a proven income they are incredibly hard to sell and the sales process takes many many months or years.
That makes these properties worthless as "getaway money"
Miscavige already has control of hundreds of millions of dollars. This move makes no sense at all as a hedging strategy.
Much as people on here, myself included, think DM is a total prat, this behavior demonstrates that he does believe in what e is doing. He may be demented but that just makes him a more fanatical scientologist.
And that is good news because that guarantees he is going to fuck this up royally.