Thursday, March 28, 2024 Mar 28, 2024
48° F Dallas, TX
Advertisement
Business

Staubach To Property Pros: Keep Your Chins Up

By |

At a commercial real estate forum hosted here today by Jones Lang LaSalle, most everyone said this continues to be a “challenging” time for the property business. According to a JLL report rents are down, loans can’t be refinanced and most properties purchased in 2005-07 have no equity left. So it was left to Roger Staubach–the company’s executive chairman, Americas–to give everyone a pep talk. The former Dallas Cowboys QB likened the current climate to the 1971 season, when the ‘Boys sputtered to a 4-3 start because the team hadn’t jelled yet. They were driving Tom Landry crazy, Staubach said, until they suddenly began working together as a team, then proceeded to win 10 games in a row–including the Super Bowl. “When you get the right people in the right places, miracles happen,” Staubach told the crowd of about 300. “Challenges bring out the best in all of us.” He’s right, of course. And it may take a miracle to work through this fix.

Related Articles

Image
Travel

Is Fort Worth Really ‘The New Austin’?

The Times of London tells us it's now the coolest city in Texas.
Image
Dallas 500

Meet the Dallas 500: Chakri Gottemukkala, o9 Solutions

The o9 solutions leader talks about garnering a $3.7 billion valuation, growing 10x over the next few years, and how the company is innovating.
Image
Local News

An Early Look at 2026 FIFA World Cup Logistics

The World Cup matches will be held in Arlington, but Dallas will be home to a great deal of team and fan experiences. We're getting an early look at what that will look like.
Advertisement