Real Estate Transaction Advisory Services
There often is a delicate balance between risk and reward. Real estate professionals should be prepared when entering into a real estate transaction, as risks and other unknowns can derail a potential deal, resulting in lost time, finances and resources.
By applying proven and refined processes, we can help improve operational efficiencies, while also allowing real estate stakeholders to reach their desired results. From acquisition and operational analysis to disposition, our professionals can help real estate lenders, landlords, third-party property managers, tenants and sellers meet their needs for any property type through the real estate life cycle.
Whether buying, selling or financing, real estate investors need to understand the terms of the lease agreements and lease amendments as well as operating expenses. From ARGUS analysis to net operating income and capital expenditures veriﬁcation, RSM can assist with property due diligence and transaction advisory services.
RSM works with lenders, landlords and tenants throughout the entire transaction lifecycle:
Investors/lenders: From debt funds to bridge lenders, lenders large and small often require an objective perspective to confirm financial operations to mitigate risk. We can assist with property and financial due diligence (lease abstraction, cash flow analysis, ARGUS and financial modeling, transaction closing), underwriting assistance, and expense reimbursement modeling.
Landlords: Ongoing financial support from an independent resource can address lease data validation, lease abstractions and expenses, while allowing internal resources to manage core concerns. Landlords also need ongoing financial and operational analysis for issues such as the verification of common area maintenance (CAM).
Tenants: An independent analysis such as a tenant audit is often needed to verify, review and confirm arrangements as set up in leasing agreements. RSM provides outsourced lease administration to Fortune 500 corporations and national retailers as well as CAM and operating expense audits. In addition, RSM can assist with implementation of the new Financial Accounting Standards Board (FASB) ASC 842 lease accounting standard.