We Create The Opportunity.
Our Diligence Process
We Thoroughly Vet Every Opportunity.
Step 1: THe market
The first thing we review when looking at a potential real estate investment is the location of the property.
The location and market of an asset is of critical importance when determining whether to make an investment. A few areas we take into consideration are the demographics, economic trends and comparable assets in the market.
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We conduct market and demand studies to examine key factors such as median household income, average age of population, and household formations.
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We look for trends in the sub-market of the asset location: property values, jobs, and industry growth.
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We compare sales and lease information of other assets within the submarket to ensure we are aligned with our conservative projections.
Step 2: The property
The second thing we consider is the opportunity itself. What’s the highest and best use for the proposed site? Can we add more units and increase rents to market rates? We adjust our underwriting assumptions as we mitigate investment risks to accurately represent our projections.
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We calculate the income and expenses of the property and compare against the market and our performance criteria.
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We look at demand studies and determine if the property can meet vacancy and rental rates.
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A member of our acquisitions team visits every property and surrounding area as a prerequisite for any investment we decide to purchase.
Step 3: THe asset
Finally, we spend the time and resources negotiating the legal structure of the investment purchase to place our investors first.
Several key provisions are also reviewed when considering how to legally structure the entity managing the transaction.
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Our legal counsel works to ensure our operating agreement accurately mitigates investment risks.
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Our asset management team ensures the life cycle of each investment is actively managed with discipline to protect our investment.
Featured Development:
Snug Harbor
Perfectly situated between Tampa Bay & Downtown St. Petersburg, these new 3 bedroom, 3 bathroom townhomes will be the epitome of modern coastal living.
Featured Development:
KIDZ REZORT
Kidz Rezort's mission is to bring a new model of family entertainment to the world. We are committed to providing to our guests the best possible, safest, active experiences that we can. We are excited to show you how Kidz Rezort will welcome guests into our exciting world of exploration.