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Due Diligence Services
Concourse
Realty Group assists our clients with property or portfolio pre-acquisition analysis (or
preparation for disposition) otherwise known as due diligence. Due
diligence often may also result from
Workout Services for
distressed properties or loans. Investment banks and funds often refer to due diligence done on a
quarterly or annual basis for assets owned as surveillance .
Due diligence is the process of
investigation and evaluation, performed by investors, into the details of a
potential investment, such as an examination of operations and management and
the verification of material facts. The basic function of due diligence is
to assess the benefits and risks of a potential
investment by inquiring into all
relevant aspects of the past, present and predictable future of the
business in which the investment might be made.
We can provide financial analyses, extensive due diligence studies and act as negotiator or in
support of negotiations on behalf of ownership. Our objective is always to
assemble relevant information to support our client’s critical
decision-making.
The scope and emphasis of the work product will vary based on the results of our
initial review, or client-approved
Asset or Portfolio Business Plan. The
services can include, but are not limited to:
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Property and Site Inspections
Our inspection services cover all commercial property
types, including Office Buildings, Retail, Multi-Family Buildings, Hotels, Motels, Restaurants,
Industrial, and Senior Housing. Under our
direction, we utilize
third-party architectural or engineering firms to provide the
physical analysis of the property. |
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Due Diligence for Existing
Contracts and Leases
Existing contracts and leases become essential
information as part of due diligence for property transactions. We
view the review of such documents is more than accepting or
rejecting such contracts - it is an opportunity to "step into the
owner shoes" prior to closing, to determine from experienced firms
the additional items, issues, and operating problems that should be
reconciled prior to closing. |
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Financial Analysis and Review
Buyers - and sellers - need
to ensure that the financial information they hold is as accurate as
possible, not only to prevent paying too much (or in a seller’s case
receiving too little), but also to ensure that their internal control
and risk management objectives are met. A proper review of
financial statements and the preparation of financial proformas should
ensure that the project financial statements reflects reality.
An independent assessment through Financial Due Diligence provides
potential buyers information about the project and the nature of its
cash flows. Financial Due Diligence can help to identify and focus
attention on the important factors in the project's operations that will
be critical to its future success.
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In addition, Due Diligence Services often
extend in areas of:
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Due Diligence for Prospective Joint Ventures and
Partnerships
Structuring new joint ventures and partners, or facilitating the
buyout of partners in existing ventures, adds additional complexity
to transactions. We assist our clients involved in such deals,
by helping them with partnership agreements, joint venture
documents, etc. in connection with the structuring of the ownership
structures. This work is often tied into our
Equity Services. |
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Deal Negotiations Support
We can act as negotiators, or in support of negotiations, on behalf
of our client’s transactions. Deal points discussed at the
negotiations table can be preliminarily framed if not agreed, but
always left "subject to approval by client." This gives obvious
flexibility to achieving client's deal structuring objectives and
negotiating points, in any particular negotiation. For
additional information about our Transaction Negotiation Services,
click
here. |
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