Detailed inspection of fundamentals such as the business plan, where, for what purpose, what’s in the title report, zoning, architectural plans, etc.?
Analysis of the macro-environment as it relates to a project’s opportunities and risks. Appraisals, property price comparables, overview, and market demographics.
Detailed inquiry into the experience and track record of the management team. Background checks, financial statements, and competency are just some of the factors we take into account.
Project capitalization structure (sources and uses) and repayment. Legal and security structure, rights, responsibilities, and remedies. Making sure everything is in good standing.