LIFE CYCLE OF AN ASSET

With you every step of the way

  • Location Sourcing
  • Underwriting
  • Due Diligence
  • B-Plan Development (scope and budget)
  • LOI Negotiation
  • Lender Relations & Debt Placement Support
  • Closing Assistance
  • Schematic design for marketing purposes
  • Project Design Schedule
  • Preliminary Contractor Budget
  • City Planning Department meetings and submission to Planning Commission
  • Interview and identify project brokerage team
  • Design Development, including incorporation of conditions of approval
  • Coordination with subcontractors to confirm projected budget conforms to final design
  • Preparation of vendor RFPs, including architect and GC
  • Coordination with the GC to establish project budget
  • Construction Management
  • Manage the project design to maintain underwritten budget
  • Value Engineer where necessary
  • Audit drawings & configurations
  • Preparation & submission of loan draws to lender(s)
  • Obtain settlement statements and prepare balance sheet (for recently purchased properties)
  • Prepare and implement real estate business plan
  • Negotiate and contract for services
  • Monitor and manage operating expenses
  • Manage capital and tenant improvements
  • Monthly and quarterly financial statements
  • Monthly financial review including detailed variance reporting.
  • All actions taken support the valuation of the property pursuant to the asset business plan
  • Prepare property for sale; physical plant and books and records
  • Organize all documentation for sale and submittal to disposition “war” room
  • Prepare property for tours and attend buyer meetings as required
  • Be a resource to buyers in assisting in the sales process for the benefit of seller
  • Prepare estoppals for review and delivery to tenants
  • Create final “closing” report on Close of escrow

Let’s talk about the life cycle of your project.