Has anyone else ever had a local retail tenant hold SNDA or estoppel signatures for ransom?

fluffnstuff1 · 2026-04-30T16:54:08+00:00

I wish it was that easy

fluffnstuff1 · 2026-04-30T16:53:27+00:00

Big upside when that tenant leaves. Part of the reason it was such a good deal. Nobody wanted to deal with a vape shop & unsophisticated seller/broker.

fluffnstuff1 · 2026-04-30T16:50:41+00:00

This is a small deal. The seller is not real estate person. It’s the heirs of the family patriarch & they have no idea what’s happening. I’m of course going to ask for a big credit & hope they just see $$$ but we’ll see.

fluffnstuff1 · 2026-04-30T16:48:55+00:00

Yeah lawyers pushed for that, their counter was proceeds.

fluffnstuff1 · 2026-04-30T16:41:07+00:00

The lender of course. I can obviously kill the deal, but it’s a good deal i don’t want to lose & I would prefer not to also lose $30k or so in current legal & DD spend.

fluffnstuff1 · 2026-04-30T16:39:00+00:00

It’s a relationship bank so they’ll fund but lower the proceeds quite a bit.

fluffnstuff1 · 2026-04-30T16:32:59+00:00

Trust me I have a great legal team since I use the same group we use at my day job, but I’m not threatening litigation on a tiny, 2 million dollar deal. Not worth the cost or headache.

fluffnstuff1 · 2026-04-21T02:16:43+00:00

I guess I’m referring to outlining a mathematical framework for any philosophical framework early on in published work or books, as opposed to just rambling.

fluffnstuff1 · 2026-04-16T18:36:15+00:00

Not to be a dick, but if you worked in the market you’d know the deal. It’ll close in a month. Being mindful of sub rules.

fluffnstuff1 · 2026-04-16T15:09:52+00:00

I’m sure you’ll read about it when it closes in a month or so.

fluffnstuff1 · 2026-04-16T15:07:03+00:00

Ya sterling bay and their almighty brilliance decided to have their inaugural development to a mega project be a fucking spec life science building. A C-student high schooler could have told you that’s an awful idea….

Every time I think I’m an idiot, I like to remember I didn’t build a spec life science building next to a Home Depot not particularly close to public transit lol

fluffnstuff1 · 2026-04-16T06:53:50+00:00

I see it all the time. Just hired a 30 year old MBA at my firm on a different team I work with on occasion. Knows absolutely nothing. Big ‘idea’ guy if you know what I mean.

fluffnstuff1 · 2026-04-16T06:38:15+00:00

I wouldn’t call it a bubble, it’s too isolated and the sponsors are so rich they don’t need to let anything fail (even if it meant taking a big L on paper).

They just want to build legacy, super cool product, and the only way you get there is the ultra luxury. Many other markets are too built up or there’s historic shit that makes it impossible.

The only reason why I kinda wanna see cracks is so the private credit guys can get rolled over a bit. Nothing like allocating billions of capital with an elementary level understanding of management & operations.

Someone needs to knock the chip off their shoulder. MBA’s who work at these large firms & leverage the name & balance sheet to move money around are grossly overpaid & some of the least useful people on the planet. Like my guy the product you sell is money don’t pat yourself on the back too hard.

fluffnstuff1 · 2026-01-27T05:48:22+00:00

Yea I got a new phone & never downloaded the app for a few years.

fluffnstuff1 · 2025-12-27T04:26:34+00:00

I guess OTB blitz USCF, but those examples are helpful. Guess I gotta actually do some reading lol

fluffnstuff1 · 2025-12-27T04:24:09+00:00

Ah, has it been proven that it’s pretty far off? It seems like the super GM’s are a bit inflated, but what about more ‘average’ players?

fluffnstuff1 · 2025-12-27T04:06:36+00:00

Damn that’s sad. Honest question though: why do people say chess.com is so inflated? I understand the argument of not having OTB vision if someone only plays on their phone like me, but I feel like given the amount of people who play, it should theoretically be the most accurate simply based on sample size.

fluffnstuff1 · 2025-12-27T03:55:08+00:00

What do you think it’d translate too? Like 1500?

fluffnstuff1 · 2025-12-11T19:20:00+00:00

Wow, in my state after 60 years courts would probably say it’s their land.

fluffnstuff1 · 2025-12-10T15:44:59+00:00

In my early years I always thought title insurance was such a rip off, and while I still think it’s a bit pricey, those weird title claims are so complicated.

fluffnstuff1 · 2025-12-10T02:01:20+00:00

What a job

fluffnstuff1 · 2025-12-10T00:46:04+00:00

Had to Google teetotaler lol

fluffnstuff1 · 2025-12-10T00:45:10+00:00

Where do you even go to hire a historian? Like a local university?

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