Understanding the Differences: ROFO, ROFR, and Purchase Options in CRE     By Tony McDonald, CCIM, SIOR | Partner, Broker   Right of First Offer (ROFO), Right of First Refusal (ROFR), and Purchase Option are legal mechanisms commonly used in real estate and other contractual agreements to grant certain rights to parties involved. These rights can significantly affect the transfer … Continue reading Understanding the Differences: ROFO, ROFR, and Purchase Options in Commercial Real Estate