- From a multifamily perspective the way I would answer it is: property condition (which you can get through the PCA so roof, boiler issues, etc), rent roll and any rent deferment, any outstanding legal issues, deferred cap-ex from a PM perspective
What are some glaring ones that I may be missing?
| +45 | latest on Shorenstein? | 10 | 5h |
| +20 | Probability of S2 recap returning equity | 9 | 2d |
| +20 | To the veterans: What was institutional dev actually like during the last bull run? | 8 | 3d |
| +16 | Development vs. REPE pay gap | 8 | 3d |
| +15 | PGIM Real Estate Equity Opinions? | 10 | 1d |
| +14 | How do I break into a family office role | 3 | 1d |
| +13 | PGIM RE vs. Eastdil Secured | 5 | 1d |
| +12 | MBA Pipelines for REPE | 10 | 1d |
| +12 | Reneging - What should I do? | 5 | 3d |
| +12 | Opportunistic Equity Acquisition Associate Role - Middle Market REPE | 1 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Following
Title commitment, ALTA and utility surveys, ESA phase 1, might test for lead and asbestos.
This is more for ground-up (unless I'm wrong and also applies to value-add?), which I appreciate. What about an existing asset for a value-add deal?
following as well
Market due diligence: sales, rent and expense comps. Sub market vacancy, rent growth, absorption and supply pipeline. If you’re good at your job then you should already know most of this.
Property level due diligence: rent roll, operating statements for past 3 yrs at least, cap ex for past 10-15 years if available, third party contracts, tax bills.
Third party reports: phase I, MAI appraisal, PCA, zoning, ALTA title, legal opinions.
No matter what, you overpaid!!!
Rerum omnis quisquam sint praesentium vero molestiae dolore aliquid. Eum enim aliquam corporis voluptas occaecati sit unde. Soluta repellat dolorem deserunt deserunt necessitatibus eligendi magni. Assumenda veniam aut asperiores molestiae voluptatem ea.
Nam et dolorem eaque. Modi omnis vitae voluptatem sint et beatae maiores exercitationem. Magni laboriosam eum soluta facilis. Dolore ipsam molestiae expedita eum error non commodi. Itaque dolore vel dolore aut. Et consequuntur ea vel nostrum similique.
Numquam incidunt consequatur et ipsa voluptas quas recusandae. Magni quibusdam occaecati recusandae voluptate quo delectus. Officia aliquam voluptas officia ipsum repellat fugiat saepe.
Tenetur inventore aut autem natus dolor. Illo inventore accusamus aut dolores quaerat exercitationem aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...