Commercial Real Estate Due Diligence means having the right tools to perform your reviews
By Steve Santos
You’re incredibly busy. You need to screen dozens of properties fast, but you don’t want to sacrifice quality for quantity. Whittling down that huge list to your top site choices is a task that needs your undivided attention time and time again. So, how do you perform the due diligence you must have? It’s about preparedness. AND the right tool set.
What if every time you valued a property you had a commercial real estate partner who could offer you simple solutions to make fast and intelligent commercial real estate due diligence decisions?
We know you want to love the subject site, but you also need to be aware of any environmental risks there may be to the subject site and/or the adjacent properties. While many of us enjoy a good mystery, not when you’re valuing property.
Three “Right Now” Due Diligence Steps
- Head off problems down the road by running an Environmental Pre-Screen up front.
- Commit to performing deeper due diligence as a cornerstone to decision-making.
- Place environmental considerations at the forefront, avoiding costly remediation and liability downstream.
Avoid being in a situation where you need to remediate because you skipped a few important steps early in the process. Assessing environmental impacts early can be the foundation to creating successful commercial real estate transactions that minimize risk.
CREtelligent… partnering, collaborating, teaming…with you!
CREtelligent wants to be part of your commercial real estate construction management team as a proactive partner providing you with faster, more accurate information that will SIMPLIFY your commercial due diligence process and serve as the cornerstone to your decision-making process. We can increase your resources, which will minimize risk. Our specialty areas include a focus on construction, pre-build site evaluations, and commercial real estate condition assessments with an eye toward environmental health, and long-term risk avoidance. In this way you can do everything in-house.
Specifically, what will we do for you?
- Property Screening with Environmental Due Diligence
- Commercial Real Estate Portfolio Management
- White-Glove Concierge Service and Dedicated Client Success Mangers
- In-House Environmental Professionals
We’ll help you get ahead of the curve by working with year-in-year-out improvement costs, being proactive with changes, and helping you to gain negotiation leverage when divesting properties. When you’re looking to move through your process how much better would it be to have the maintenance history captured, accessible, and ready for review when it comes time to move those properties?
There’s no time like the present to plan your next steps.