Real Estate Investment Insights: Legacy Planning Episode 2 - Succession Planning

Succession planning can be one of the most critical—and sensitive—challenges for family-owned businesses. It’s a process that requires careful consideration, strategic foresight, and often, some candid conversations. In a recent episode of the Real Estate Investments Insights (Real-Talk) podcast, Derek Doke, CCIM, and NAI Elliott President Jordan Elliott tackled this complex topic with Don Bielen, Principal at Perkins & Company.

Key insights include:

• Why early planning is essential
• The importance of transparent communication
• Balancing family dynamics with business priorities
• Engaging expert guidance to navigate financial and operational complexities

With over 25 years of experience in commercial real estate, Derek Doke, CCIM brings a wealth of knowledge in property and asset management, brokerage, and investment advisement. Jordan Elliott, a trusted leader in the Pacific Northwest commercial real estate market, joins forces with Don Bielen to share valuable insights into the intricacies of succession planning for family-owned businesses. Don, a seasoned expert in tax and business advisory, brings his perspective on maintaining financial health while navigating family dynamics.

This engaging discussion is a must-listen for anyone involved in managing or advising family-owned businesses. Whether you’re preparing to pass the torch or looking to preserve harmony within your business, the insights shared by Derek, Jordan, and Don provide a thoughtful framework for success.

Tune into the full episode of Real Estate Investments Insights (Real-Talk) to gain actionable advice and hear stories from the field. You can find the podcast here.