$7.3 million at closing will come to SHFC. What is this based on? How much is the sales price, how much is the remaining mortgage, what else is paid out before SHFC is? Did Silver Springs pay all fees (developer fee, GC fee etc) from the initial partnership agreement?$ 185,000 a year - if they do not have sufficient cash flow to pay, does SHFC collect interest for unpaid portion till they are paid up?
