Updated in June of 2015, this publication looks to be helpful to anyone looking to grow in their understanding of commercial real estate. The publication is authored by Brian Hennessey, a 30 year veteran of commercial real estate whose tenants included Bank of America, The Walt Disney Company, Dupont and Baxter healthcare.
Billed as a “Proven System To Save Time, Money, Headaches And Create Value When Buying Commercial Real Estate,” The Due Diligence Handbook For Commercial Real Estate
-
What to negotiate in the purchase and sale agreement so that you can maximize the opportunities for yourself when it comes time to negotiate further with the seller.
-
Essential provisions to ask for in the purchase and sale agreement. (These could end up costing you dearly later if you don’t have them in there).
-
Specific issues and provisions to look for in the leases. (These could be potentially devastating to the investment after you own it).
-
Conducting tenant interviews and what questions to ask so that you can uncover any problems or issues (This can be a goldmine of information).
-
Cost cutting tips and dozens of strategies that will help you add value to the property once you own it.
-
One of the most critical processes done during the due diligence process is the underwriting and financial analysis, which is constantly being revised during that process. (Included is a list of essential questions that must be addressed.)
-
How to ensure that you are getting all you deserve when finalizing the transaction and what to look for on the closing statement to make sure you are. (Most investors leave a lot of money behind by not knowing this information).
The publication is offered in both paperback and electronic kindle format.
