commercialrealestate

COVID-19 Update: Difficult Discussions About Rent and Other Commercial Lease Issues

Hope you and your loved ones are well. Of course, our primary concern has to be with the health and welfare of family, friends, co-workers and customers.  Once you’re doing everything within your control on health and safety issues, it is important to try and protect your business interests.  This applies to landlords, tenants and their lenders. The Interests of Landlords, Tenants and Lenders are Intertwined Regardless of whether you’re… Read More »COVID-19 Update: Difficult Discussions About Rent and Other Commercial Lease Issues

WeWork Watch – Event Driven (IPO)

Is there any Justification for Valuing WeWork’s Leased Space at $1,000 Per Square Foot? WeWork (new name: The We Company) leases spaces from some very sophisticated landlords including TIAA-CREF, Boston Properties, Beacon Capital Partners and Moinian Group.  In theory, WeWork has a simple business model, leasing office space and then subleasing the space to businesses ranging from start-ups to Fortune 500 companies. A substantial part of the business model is… Read More »WeWork Watch – Event Driven (IPO)