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Real deals. No fluff.

Original writing on lease economics, CMBS risk, deal structure, and occupier strategy — built from 18 years of transactions, not theory.

Disposition Strategy
Tenant Buyout vs Subleasing — P&L, Balance Sheet, and EBITDA Implications

Two options for eliminating excess space. Very different financial consequences. Here is how to think through which one actually serves your business objectives.

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CMBS & Landlord Risk
Bracing for Impact: A Tenant's Guide to Landlord Default

Nearly $1.5 trillion in commercial real estate debt was forecasted to mature by 2025. If your landlord is in distress, here are 15 things you need to know and act on.

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Deal Analytics
Simplifying Net Present Value in Commercial Real Estate

Two leases can cost the exact same amount on paper and be worth completely different amounts of money. NPV is the number that reveals the real cost — and most tenants never see it.

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Lease Economics
Office Lease Buyouts, Subleasing, Restructures, and Termination Options

Few leases allow early termination without cost. But certain situations and creative structures can dramatically reduce what you pay to exit — or turn the situation to your advantage.

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Workplace Strategy
Considerations in a COVID-World as a Tenant

The frameworks developed during COVID for thinking about space, flexibility, and workforce analytics remain highly relevant for any organization reconsidering its real estate footprint.

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Portfolio Management
Real Estate Scenario Planning Support

When business conditions are volatile, real estate decisions become harder — and more consequential. A framework for thinking through your options before committing to anything.

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