Are you planning to purchase, finance, develop or redevelop any of the following types of commercial real estate in the USA?
- Shopping Center
- Office building
- Large Multifamily/Apartments/Condominium Project
- Sports and/or Entertainment Venue
- Mixed-Use Commercial-Residential-Office
- Parking Lot/Parking Garage
- Retail Store
- Lifestyle or Enclosed Mall
- Restaurant/Banquet Facility
- Intermodal logistics/distribution facility
- Medical Building
- Gas Station
- Manufacturing facility
- Pharmacy
- Special Use facility
- Air Rights parcel
- Subterranean parcel
- Infrastructure improvements
- Other commercial (non-single family, non-farm) property
A KEY element of successfully investing in commercial real estate is performing and adequate Due Diligence Investigation prior to becoming legally bound to acquire or finance the property. Conducting a Due Diligence Investigation is important not just to enable you to walk away from the transaction, if necessary, but even more importantly to enable you to discover obstacles and opportunities presented by the property that can be addressed prior to closing, to enable the transaction to proceed in a manner most beneficial to your overall objective. An adequate Due Diligence Investigation will assure awareness of all material facts relevant to the intended use or disposition of the property after closing. This is a critical point. The ultimate objective is not just to get to Closing – but rather to confirm that the property can be used or developed as intended after Closing.
The following checklists – while not all-inclusive – will help you conduct a focused and meaningful Due Diligence Investigation. Click here to continue reading