Due Diligence In Real Estate Transactions

Author : Tobias Just,Hermann Stapenhorst
Publisher : Springer
Page : 208 pages
File Size : 41,5 Mb
Release : 2017-09-27
Category : Business & Economics
ISBN : 9783319625102

Get Book

Real Estate Due Diligence by Tobias Just,Hermann Stapenhorst Pdf

Due diligence is the bedrock of real estate deals, regardless of the volume of transaction. This book presents a comprehensive guide to understanding and implementing due diligence and making an accurate assessment of the risks. While this process has become a “no-brainer” for investment professionals, the market standard on this essential topic has not yet been laid out in a comprehensive form that covers all the major aspects of real estate due diligence: legal, tax, financial and technical issues. This book fulfils that need, and gives it a form that can be used for German, European, or even international transactions. Written in a reader-friendly fashion, the easily navigable chapters are organized into the four due diligence dimensions, with ample examples and key takeaways. Be they real estate investors, or a management students specializing in the asset class, this book is a core resource for anyone wanting to get to grips with due diligence.

Author : Ayosha Orth
Publisher : GRIN Verlag
Page : 127 pages
File Size : 49,8 Mb
Release : 2015-05-22
Category : Business & Economics
ISBN : 9783656965893

Get Book

Real Estate Transactions. Strategic Relevance of Due Diligence by Ayosha Orth Pdf

Master's Thesis from the year 2015 in the subject Business economics - Miscellaneous, grade: 1,3, University of Applied Sciences Münster, course: Real Estate Economics, language: English, abstract: The sub-prime mortgage crisis caused significant damage to the international real estate market. Did the crisis teach us anything? In practice, yes. For one, examinations in the form of due diligence of real estate assets have become more frequent and more thorough. Activities on the real estate market in Germany are recovering robustly and have almost reached precrisis levels. Thus, the practice of due diligence is increasing correspondingly. However, the literature on due diligence real estate is still exiguous and lacks outright theoretic approaches. This thesis investigates the relevance of due diligence within real estate transactions by contextualizing it within integrated Transaction Cost Theory approaches and its behavioral assumptions. Transaction-cost and agency-theory parameters such as bounded rationality, opportunism and uncertainty offer approaches for describing how due diligence reduces information asymmetries, uncover hidden characteristics, and therefore prevent adverse selection. The conducted multi-method qualitative study affirms the strategic relevance of due diligence within real estate transactions. Table 1 + 2 "anonymous expert interviews", therefore no content

Author : Anonim
Publisher : Unknown
Page : 716 pages
File Size : 47,5 Mb
Release : 1974
Category : Real estate business
ISBN : STANFORD:36105061890328

Get Book

Due Diligence in Real Estate Transactions by Anonim Pdf

Author : Gregory M. Stein,Morton P. Fisher,Marjorie P. Fisher
Publisher : American Bar Association
Page : 526 pages
File Size : 52,9 Mb
Release : 2008
Category : Business & Economics
ISBN : STANFORD:36105064262418

Get Book

A Practical Guide to Commercial Real Estate Transactions by Gregory M. Stein,Morton P. Fisher,Marjorie P. Fisher Pdf

Make sure the real estate deal is handled correctly each step of the way. This comprehensive guide covers all aspects of a commercial real estate transaction and offers advice, commentary, and forms to expertly negotiate and close the deal. This revised edition features new forms and covers recent changes in law and practice, including the USA Patriot Act, anti-money laundering laws, the subprime mortgage crisis, and terrorism and hurricane insurance. Includes CD-ROM.

Author : Mark A. Senn
Publisher : Wolters Kluwer
Page : 2520 pages
File Size : 40,6 Mb
Release : 2009-01-01
Category : Law
ISBN : 9780735580787

Get Book

Commercial Real Estate Transactions Handbook by Mark A. Senn Pdf

With the number and complexity of commercial real estate transactions reaching unprecedented levels, professionals in this high-stakes industry face a daunting task: keeping up with the constant legal and regulatory changes that can impact every phase of a deal. Commercial Real Estate Transactions Handbook, Fourth Edition will help you plan, negotiate and close deals using the insights and strategies of nationally recognized real estate attorney Mark Senn and over 20 experts in the field. Collectively, the editor and contributors have handled virtually every possible variation of commercial real estate transactions. Their clear, concise discussions will guide you step-by-step through each phase: Land and space acquisition Creating the owning entity, design and construction, due diligence, interim and term financing, and occupancy leases The ultimate sale or disposition of the project In addition, Commercial Real Estate Transactions Handbook is logically organized by topic, so you always find the information you need quickly and easily. Each chapter covers one broad topic area. Major subjects are then distilled into highly informative sections that focus on specific practice-oriented suggestions from the unique perspective of the and“less experiencedand” or and“disadvantagedand” party.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 46,8 Mb
Release : 2016
Category : Commercial real estate
ISBN : 1770941657

Get Book

Commercial Real Estate Transactions 2016 by Anonim Pdf

Author : Brian Hennessey
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 47,9 Mb
Release : 2015-06-25
Category : Commercial real estate
ISBN : 1511996897

Get Book

The Due Diligence Handbook For Commercial Real Estate by Brian Hennessey Pdf

UPDATED THIRD EDITION There''s a HUGE problem in the commercial real estate business that nobody is talking about- DUE DILIGENCE. Investors are leaving big money on the table by not learning these essential principles. Most investors, real estate brokers and commercial real estate professionals barely scratch the surface conducting their due diligence. Mainly because "they don''t know what they don''t know. I''ve spent over 30 years helping investors buy and sell over 9 million square feet of property and witnessed the practices of professional and small investors. It wasn''t until I became an acquisition executive and learned some humiliating, expensive lessons that "I didn''t know what I didn''t know". You will learn how to avoid mistakes with costly consequences, create more value, and more essential information for buying investment property. This book is a #1 Best Seller of commercial real estate books on Amazon. It is an easy-to-follow, proven "step by step" system that investors and real estate professionals use regularly while conducting their due diligence. It will help you to make informed, intelligent decisions when deciding whether to buy or NOT buy. Adhering to a proven system allows you to conduct due diligence faster, easier, more efficiently and you''re less likely to miss something. Here are just a few of the lessons you''ll learn: Negotiating the purchase and sale agreement and what you MUST include in order to maximize your opportunities to negotiate further with the seller. (Super important to know.) Reviewing the leases Not knowing what provisions to watch for could cost you dearly once you own it. (Don''t leave it up to chance to "work out.") Uncovering hidden problems and issues (Sellers will NOT disclose these, so you need to know where to look for them. They will not "hand you a list of problems" about the property. Many of these issues could make or break your investment.) Critical factors to consider during your financial analysis. There''s a list of essential questions included that MUST be addressed. (Leaving these questions unanswered can be potentially devastating to an investment.) Not "over-paying" by making sure you''re getting all you deserve, by getting credited fairly for items on the closing statement. (This includes specific items to review, instructions on what to ask for to minimize your chances of getting taken advantage of, potentially losing big money by not having this information.) These fundamentals remain the same and are all applicable whether they are: residential rental properties, industrial, retail, or office buildings. This system will help reduce risk and create value for all of them. In addition, the handbook includes: PHYSICAL & MECHANICAL INSPECTION PHOTOS (That shows you what to look for and how to assess issues.) Due Diligence Checklist Due Diligence Document Checklist Sample Tenant Questionnaire (A sample list of questions that you should ask of tenants when conducting a tenant interview. This is a wealth of information when done properly. Learn this or lose out.) By having this valuable system, you will be more prepared and confident in your ability to negotiate, going up against ANY seller. As a pilot uses a pre-flight checklist prior to each flight, you''ll want to refer to this handbook every time you buy an investment property.There are too many things to remember. We need reminding as much as we need learning! Warren Buffet said, "Risk comes from not knowing what you''re doing." So having a proven system in place helps you know what you''re doing.Buy the book now! It will be one of the best investments in real estate you ever make. Not buying it could be one of your most costly decisions.

Author : Joel S. Moskowitz
Publisher : Wolters Kluwer
Page : 546 pages
File Size : 54,6 Mb
Release : 1995-01-01
Category : Law
ISBN : 0735528217

Get Book

Environmental Liability and Real Property Transactions by Joel S. Moskowitz Pdf

Environmental Liability and Real Property Transactions is a must-have guide to managing risk of environment liabilities in real property transactions. It gives you excellent advice on how to conduct due diligence, hire experts, and discover tell-tale signs of environmental trouble. You'll find in-depth coverage of liability defenses, how to limit environmental exposure, and how to manage contaminated property. New sections include information on electromagnetic fields, lead and radon, liability of trustees, and a discussion of different types of insurance. The book also features numerous forms, checklists, and practice pointers.

Author : Chris Huband
Publisher : Unknown
Page : 128 pages
File Size : 42,9 Mb
Release : 2016
Category : Commercial real estate
ISBN : 1770941673

Get Book

Commercial Real Estate Transactions 2016 by Chris Huband Pdf

Author : Brian Hennessey
Publisher : eBookIt.com
Page : 44 pages
File Size : 47,5 Mb
Release : 2012-09-18
Category : Electronic
ISBN : 9780615719634

Get Book

The Due Diligence Process Plan Handbook for Commercial Real Estate Investments by Brian Hennessey Pdf

There's a huge problem in the commercial real estate business that nobody is talking about- DUE DILIGENCE. The vast majority of investors, real estate brokers and commercial real estate professionals barely scratch the surface conducting their due diligence when purchasing commercial real estate investments. Investors are taking unnecessary risks, making bad investments and throwing money away by not properly performing due diligence. Brokers are putting themselves at risk for potential litigation and missing an opportunity to help their clients as a true ally by learning these principles and adding more value for their clients when purchasing investment properties. Having and adhering to a proven system keeps you from missing something and allows you to do it faster, more efficiently. If you're an investor looking to buy apartments, office, industrial or retail buildings , this proven system will help you to make it less stressful and allow you to make a more informed and intelligent decision. I've been in the commercial real estate industry for over 30 years and "didn't know what I didn't know" until I became an acquisition person for an investor and his investors. Some of these lessons were costly and frankly, embarrassing. This "reference manual" was put together during the acquisition of over 9 million square feet. Some of the things you will learn:* 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* How to properly review leases so that you know what to look for that could be cause for concern* How to choose a lender or mortgage broker* Third party reports, such as Environmental; Property Condition Assessment; Seismic/PML; Geologic and other reports that a lender may require and what to look for in them* Tips on how to negotiate loan terms and specific provisions in them* Conducting tenant interviews and what questions to ask them so that you can uncover any problems or issues that you would otherwise not be made aware of (Super Powerful. Must learn or you'll miss out.)* Cost cutting tips and strategies that will help you add value to the property once you own it* What to look for when reviewing books and records and what to ask the seller for* One of the most critical processes done during the due diligence process is the underwriting and financial analysis. In the book there is a list of questions that must be addressed and answered while adjusting your analysis of the investment and will help you to accurately assess the potential of how the numbers should work* How to deal with the appraiser and appraisal process to be more proactive and enhance the potential for the highest possible loan amount* How to ensure that you are getting everything you deserve when finalizing the transaction and what to look for on the closing statement that may be added by the seller or lender as a credit to them, that you can get eliminated or at least negotiated down by being aware of what to look forIn addition, you get at the end of the book:* A Sample Lease Abstract Form (which shows you how to fill in all the salient deal points and provisions of a lease document)* Due Diligence Checklist (a list of most all items of which you should ask a seller for when negotiating a purchase)* Due Diligence Document Checklist (A list of most all of the documents you should request from a seller when negotiating a purchase)* Sample Tenant Questionnaire (a sample list of questions that you should ask of tenants when conducting a tenant interview)The fundamentals remain the same when it comes to due diligence for any of the commercial real estate genres, whether it be office or industrial properties; retail or multi-family residential. I still use it as a reference tool whenever I'm involved with due diligence. We need reminding as much as we need learning. There are just too many things to remember.

Author : Stuart M. Saft
Publisher : Unknown
Page : 1016 pages
File Size : 45,6 Mb
Release : 2004
Category : Commercial leases
ISBN : IND:30000094044041

Get Book

Commercial Real Estate Leasing by Stuart M. Saft Pdf

Author : Jeffrey W. Berkman
Publisher : Apress
Page : 278 pages
File Size : 41,8 Mb
Release : 2014-01-18
Category : Business & Economics
ISBN : 9781430250876

Get Book

Due Diligence and the Business Transaction by Jeffrey W. Berkman Pdf

Due Diligence and the Business Transaction: Getting a Deal Done is a practical guide to due diligence for anyone buying or selling a privately held business or entering into a major agreement with another company. When you’re buying a business, it’s wise to conduct due diligence. That's the process of investigating and verifying the firm’s finances, labor record, exposure to environmental issues, store of intellectual property, hard assets, ownership structure, and much more. If you don’t, you may later stumble into serious, costly problems, or you may pay an inflated price for the business. This book not only shows you how to conduct such an examination and what to look for, but it will also help you uncover hidden issues that some sellers might not want you to know about. Conversely, this book shows smart business sellers how to conduct due diligence on their own firms to arrive at the right sales price, uncover issues that might scare off buyers or investors, solve lingering problems before a sale, and more. Done right, due diligence can help sellers ensure they sell the business for the best price and with the least risk. Due Diligence and the Business Transaction will help you understand when to conduct due diligence, whom to include, and how to spot the red flags that signal danger. In addition, you will learn: How to conduct due diligence when contemplating a joint venture, business loan, franchise opportunity, or manufacturing deal How to calibrate the correct scope and breadth of the due diligence investigation depending on your situation How the results of due diligence may and often will change the elements of the final deal How to draft due diligence documents so they protect your interests What successful deals look like Corporate attorney and due diligence expert Jeffrey W. Berkman interweaves critical action points, guidelines and procedural steps, case studies, and due diligence questionnaires, checklists, and documents. The veteran of many business deals, Berkman's advice will help you avoid business-crippling mistakes and make the best deal possible.

Author : Mary Ann Hallenborg
Publisher : Routledge
Page : 288 pages
File Size : 50,7 Mb
Release : 2015-12-22
Category : Business & Economics
ISBN : 9781317934912

Get Book

Real Estate Due Diligence by Mary Ann Hallenborg Pdf

Real Estate Due Diligence is the first textbook on due diligence, the cornerstone of every successful real estate deal. Due diligence is designed to uncover potential risks posed by a real estate acquisition, financing, or development project and failure to carry it out successfully can result in costly oversights and diminished investment returns. This book demonstrates how to assess and manage legal risks on properties such as office buildings, shopping centres, industrial buildings, apartments, and hotels—before the transaction closes. Real estate students and practitioners are taken through all of the essential due diligence areas, including: Titles and ownership issues Zoning and land use Liens and mortgages Condition assessments Environmental and operational concerns And lease analysis Throughout the book, major laws and court cases are used to illustrate due diligence issues and provide rich opportunities for classroom study and discussion. Practice points and comprehensive due diligence checklists help readers to go on to put their learning in practice. This book fills a gap in the real estate literature and is perfect for use as a college textbook, a practitioner’s guide, or for industry training.

Author : James B. Witkin
Publisher : American Bar Association
Page : 1108 pages
File Size : 51,9 Mb
Release : 2004
Category : Business & Economics
ISBN : 1590312872

Get Book

Environmental Aspects of Real Estate and Commercial Transactions by James B. Witkin Pdf

Rev. ed. of : Environmental aspects of real estate transactions : from brownfields to green buildings.

Author : Mary Ann Hallenborg
Publisher : Routledge
Page : 367 pages
File Size : 51,5 Mb
Release : 2015-12-22
Category : Business & Economics
ISBN : 9781317934905

Get Book

Real Estate Due Diligence by Mary Ann Hallenborg Pdf

Real Estate Due Diligence is the first textbook on due diligence, the cornerstone of every successful real estate deal. Due diligence is designed to uncover potential risks posed by a real estate acquisition, financing, or development project and failure to carry it out successfully can result in costly oversights and diminished investment returns. This book demonstrates how to assess and manage legal risks on properties such as office buildings, shopping centres, industrial buildings, apartments, and hotels—before the transaction closes. Real estate students and practitioners are taken through all of the essential due diligence areas, including: Titles and ownership issues Zoning and land use Liens and mortgages Condition assessments Environmental and operational concerns And lease analysis Throughout the book, major laws and court cases are used to illustrate due diligence issues and provide rich opportunities for classroom study and discussion. Practice points and comprehensive due diligence checklists help readers to go on to put their learning in practice. This book fills a gap in the real estate literature and is perfect for use as a college textbook, a practitioner’s guide, or for industry training.