Sales
Capital Realty professionals are specialists at packaging, marketing and
negotiating commercial real estate sales offerings that result in closed
transactions at the most optimum price obtainable for our Seller.
We possess the expertise and focus to aggressively seek out and attract
local as well as foreign investors capable of closing on a purchase
agreement.
Our track record reflects disposition of single properties for the
individual investor as well as portfolio sales in excess of $100,000,000
for institutional owners.
Initially, we perform an evaluation analysis based on historical
financials, comparable sales and the upside potential of a particular
property. We compile a comprehensive presentation which accurately
reflects the investment to prospective purchasers. We are committed to
selectively marketing properties and are cognizant of the negative price
impact mass marketing efforts and the uncontrolled dissemination of
information can have on a sale.
Our experience and aggressive posture allows us to act as negotiating
intermediaries to maximize our Sellers position.
We constantly evaluate a prospective purchaser's ability to close a
transaction in order to avoid tying up the property for an extended period
in a futile effort to close on a transaction.
We remain actively involved to assist a purchaser's due diligence
effort and to aid the attorneys in closing the transaction.
We are committed to shepard the transaction from beginning to end,
realizing our clients most aggressive sales expectations.
Acquisitions
Acquisitions for the firm's clients focus on achieving their
comprehensive yield goals in terms of both annual cash flow requirements
and overall return upon the project's disposition. We search continuously
for commercial property that can be purchased at values reflective of
strong investment potential for a new owner.
Once identified, Capital Realty negotiates the purchase contract
through each exhaustive detail.
Moreover our diligence procedures and economic feasibility studies
include:
- Reviewing each lease in detail and preparing
an abstract, then comparing the lease abstract to the financial
projections
- Reviewing the property's operating statements
in detail, then comparing the property's historical performance to the
financial projections
- Performing a market rent study and a
comparison to the financial projections' assumptions
- Reviewing all existing contracts encumbering
the property
- Reviewing the market and/or aerial photos of
the trade area to determine the sites for potential competition
- Meeting the appropriate State, County and City
transportation officials to obtain information on any transportation
construction projects planned in the immediate area during the next
decade
- Meeting with various public agencies and
entities to obtain current information on the specific community's
path of progress and direction of growth
- Obtaining a structural/engineering review
- Obtaining an environmental analysis
- Obtaining a property survey
Upon completion, the financial projections are reviewed for accuracy,
and fine tuned where necessary. If a purchase price adjustment is
warranted, the contract price is renegotiated or the contract is
terminated. The team then transitions into a closing mode. At this point,
close contact is established with the management and leasing team to
provide a seamless transition from the prior management and leasing
companies.
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