Investment Sales
- Determine market environment, suitability for time of sale, and timeframe for property disposition.
- Provide details for any currently available and/or upcoming competitive investment opportunities.
- Review title report in advance to investigate for any recorded exceptions such as mechanic liens, lawsuits, easements and/or any other adverse matters which may be cleared prior to marketing.
- Perform detailed underwriting of current income in comparison to market rents.
- Identify any adverse conditions of the property and/or tenancy and determine if best to address any issues prior to presenting the property to the open market.
- Create a professional Offering Memorandum to include rent roll, cash flow analysis, comparable sales and lease transactions, market/submarket reports, tenant profiles, and detailed property information.
- Prepare purchase agreement inclusive of all business terms (a purchase agreement is a legal document and we recommend clients retain an attorney for review).
- Coordinate due diligence investigation which may include Building, Phase I environmental, roof and mechanical inspections and ALTA surveying.
- Assist appraiser with access to property and supply details for recent comparable sales and leases as may be required.
- Obtain tenant estoppel and/or SNDA forms as required by purchaser or lender.
- Assist in successful sale closing to include review of settlement statement and coordination with lender and escrow agent.