Easing the Burden of the CRE Due Diligence Process by Kevin Sanz, CCIM, MSIRE

Posted on January 13, 2021

When considering investments in commercial real estate, it is important to remember that every property is unique, and no two deals are alike. Therefore, investors must be prepared for an exhaustive due-diligence process, evaluating countless data points to ensure a selected property meets established criteria. This involves not just the location of the property but also a detailed assessment of the local market demographics and economic trends, including average age of residents, household income, job growth and property values. In addition, an estimation of the property’s income potential requires a thorough review of the area’s comparable property sales and leases, tenant mixes and vacancy rates. By working with experienced commercial property professionals with deep tenant relationships and a proven track record of investment performance, investors can reduce the stress of the due diligence process and increase the odds that the property acquired will meet their short- and long-term investment needs.

With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.