“We will not be moving forward with plans to develop the property at this time…”

Anytime23

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You've been a Bears fan how long? Can anyone be even slightly surprised that this is turning into a trainwreck?
I’m just not sure where the train wreck is. Everything the past couple months have felt like posturing. We’re talking about a multi-billion dollar infrastructure project that has barely begun.

You’d be hard pressed to find someone who has less faith in this ownership group than me, but this all feels premature. Do you.
 

knoxville7

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I’m just not sure where the train wreck is. Everything the past couple months have felt like posturing. We’re talking about a multi-billion dollar infrastructure project that has barely begun.

You’d be hard pressed to find someone who has less faith in this ownership group than me, but this all feels premature. Do you.
Tbf, it’s hard to pay attention to the situation when you’re busy jetting around the globe making splashy “real estate deals.”
 

Montucky

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So, you have extensive experience in commercial Real Estate negotiations?

Montucky the super shrewd, big time Real Estate player?

View attachment 29815
Bro you can get your real estate license with seventy five hours of coursework. It’s a joke. Comparable to getting your drivers license or being a ham radio operator.
 

cameronkrazie86

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If they hadn't already spent the money on the land and then demo-ing the site, I'd believe the 'shopping around for a site' gimmick more. As it stands, I believe they're trying to use the threat of the other sites to get a sweetheart deal in Arlington Heights. I think that's ultimately where they end up anyway and maybe they get a few minor concessions before ultimately going with Arlington Heights.
 

Hawkeye OG

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If they hadn't already spent the money on the land and then demo-ing the site, I'd believe the 'shopping around for a site' gimmick more. As it stands, I believe they're trying to use the threat of the other sites to get a sweetheart deal in Arlington Heights. I think that's ultimately where they end up anyway and maybe they get a few minor concessions before ultimately going with Arlington Heights.
I also dont think they are in a huge rush. Isn’t their lease at soldier field thru 2030 or something? They can pay it out early but they have time here to do this right the first time whether that’s in AH or somewhere else
 

HeHateMe

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Wait, you don't think you'd be hired to broker a real estate deal that will end up costing multiple billions of dollars right after finishing your 75 hours of coursework?
Well I am a pretty good looking, gregarious guy but Montucky is correct, in my experience less than 10 percent of all the people I know who have real estate licenses, sell more than a handful of properties each year, and only a couple of them broker commercial dealzzzz.
 

Gustavus Adolphus

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Wait, you don't think you'd be hired to broker a real estate deal that will end up costing multiple billions of dollars right after finishing your 75 hours of coursework?
I'm sure anyone is capable of executing a deal like this one after their 75 hours.
 

Montucky

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This really has nothing to do with the transaction being discussed here, does it?
Truly the real estate experience of middle class midwesterners who barely make it week to week could not be less relevant . I agree entirely, Hawkeye and number51 are no less out of their depth than anyone else.
 

BBBF

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I'm sure anyone is capable of executing a deal like this one after their 75 hours.
Fun Fact: The Philadelphia 76ers are named after real estate agents, who have completed their 75 hours of coursework, plus an additional hour that allows them to execute billion dollar, commercial real estate transactions.
 

Hawkeye OG

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Truly the real estate experience of middle class midwesterners who barely make it week to week could not be less relevant . I agree entirely, Hawkeye and number51 are no less out of their depth than anyone else.
@number51 let me know when you want to get together for some ramen noodles and cheap beer since we're poor
 

TheWinman

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Google it whatever. So funny to watch this unravel in slow motion
inb4 negotiating ploy
Maybe so, maybe not. But looks like the whole thing is on the verge.
Don't overreact. Pretty normal stuff
 

ijustposthere

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The least OP could've done is post the google search for us. This thread wasn't as fun because it required HW from the jump. Sorry, I will not be googling.
 

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