We understand that buying real estate assets can be a complicated process. A careful evaluation of the value of a particular property as it compares to other potential purchases is necessary. For many, it involves a cursory review of the project leases and some income statements.
We believe that a careful review includes much more. Every property tells a story that should be understood before you close escrow. At a minimum, we want to understand how the following items come together and affect the current and future value and stability of a potential acquisition:
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•How successful are the current tenants and will they continue to operate through the term of their lease?
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•Are the current tenants achieving the sales that they should be? If not, is it the fault of the business or the property?
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•Does the current tenancy have good synergy?
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•Are there any significant co-tenancy issues or commitments that need to be monitored?
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•Are the rents replaceable if there are any vacancies?
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•Can the rental revenues grow to stay ahead of inflation or the CPI index?
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•Is the property being properly managed? Leased?
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•Are the leases well written and negotiated?
For information or quotes on our services, please feel free to contact us.
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9301 Wilshire Boulevard, Suite 206, Beverly Hills, CA 90210 Bilak Companies (310) 278-2036
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