Estoppel? Condition or gift??

Estoppel.  Sounds like a medical condition you don’t want to talk about in polite company.  Or something you’d need a medicated cream to clear up.  Think of the embarrassment of checking out at the grocery store when the cashier gives you that knowing...

WeWork – Will it Work in a Downturn?

We’re updating this blog in light of a story that is currently in the news. WeWork is considering the anticipated valuation of its IPO…that it could be too high. Skepticism is rising over the business model. One of the concerns is what we pointed out here...

Don’t Let Your Lease Kill the Sale of Your Business

As an asset manager, in the late 90s, working for a large owner of office buildings, I got a phone call from a guy who said he was buying one of the companies in a Dallas building we owned. He said his company planned to close on the sale the next day and he wanted...

Feeling Cramped in the Office?

Have you ever noticed how food manufacturers sometimes shrink the size of your favorite candy bar or bag of chips? The price stays the same, of course, but you just don’t get as much. Well, offices have been getting smaller for a long time at the same time that...