TAG | portfolio management
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Due Diligence Checklist – Tenants
0 Comments | Posted by Administrator in asset management, commercial real estate, due diligence, iag, investment analytics group, portfolio management, property evaluation, property management, real estate advisory firm, real estate investment
When it comes to due diligence, commercial real estate properties are a completely different animal from residential properties in regards to assessing value. That may seem like stating the obvious, but it is easy to overlook the many details that come into play.

For commercial real estate, value is determined in an inverse proportion to the degree of risk inherent to the continuance and stability of the income stream from the property. And of all the commercial property types, perhaps none is more complex in evaluation than a multi-tenant property, either office or retail.
The function of due diligence is to verify, verify, verify.
One of the first steps in your due diligence checklist should be the tenants of your potential investment real estate property.
Comprehensive due diligence services are Investment Analytic Group’s specialty. The IAG team has performed due diligence on commercial real estate valued at more than $1.2 billion including retail, office, industrial, and multi-family properties across the United States. We guide the process, keep clients involved as much as they prefer and, most importantly, communicate with you every step of the way. Due diligence is a way of preventing unnecessary harm to either party involved in a transaction and quality due diligence contributes to superior returns. Whether analyzing office, retail, flex, industrial or multi-family properties, a thorough evaluation in the beginning helps the investor realize projected returns.
Tenants
Review and confirm the terms of all leases, paying particular attention to co-tenancy clauses, which are common in retail properties. These allow retailers to reduce the base rent, eliminate base rent and pay percentage rent based on sales, or terminate a lease when an anchor tenant or another identified tenant exits the property. Other items to take note of include “early outs,” which permit tenants to terminate leases in advance of normal termination dates, downsizing rights that allow tenants to reduce the size of the leased premises, tenant bankruptcies, and claims by a tenant against the landlord.
Require estoppel certificates from each tenant. This item usually is subject to negotiation between the seller and buyer as to the number of estoppel certificates required and, if less than all, from which tenants (anchors, occupants of more than a certain number of square feet). It also will indicate whether the seller is in default.
About Investment Analytics Group
Established in December 2006, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Protecting Your Investment Real Estate
0 Comments | Posted by Administrator in asset management, due diligence, iag, investment analytics group, portfolio management, property evaluation, real estate advisory firm, reit, tenant in common, tic
Investment Analytics Group (IAG) is committed to registered representatives and financial advisors – and to the established relationship you have with your clients. We believe that mitigating an investment’s downside and seeking the best possible solution through a proactive approach, rather than a reactive approach is the key to a successful outcome. At IAG we can help by offering the following services:
* Lease administration/audits
* Financial modeling and repositioning strategies
* Property operations/asset management
* Accurate budgeting and budget reviews
* Continuous communication and efficient operations
* Disposition services
* Lease, ground lease, rent roll and operating analysis
* Post acquisition value creation and revenue/NOI maximization strategies
* Optimization of capital structure to include debt equity and hybrid financing
* Ownership structure analysis for all types of transactions including REIT, Tenant in Common (TIC), joint venture, and other single purpose entity structures
We see the big picture and we are your partner. At IAG, we can help maximize the overall performance of properties by bringing knowledge and experience in property management, leasing, lease administration, acquisitions, and due diligence, enabling us to develop and implement ownership solutions to achieve the objectives in operating and leasing property.
If you have a distressed real estate investment property or just want us to look at the performance of your property please contact us at your earliest convenience.
About Investment Analytics Group
Established in December 2006, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Protecting your Commerical Real Estate Assets
0 Comments | Posted by Administrator in asset management, iag, investment analytics group, portfolio management, property evaluation, real estate investment
Investment Analytics Group (IAG) can provide both transitional advisory services on a short-term engagement, as well as ongoing asset management following the transition period of your commercial real estate asset. Let IAG put our product knowledge and expertise to work for you and protect your real estate investment.
During economic downturns, owners and investors are tempted to make shortsighted cost-cutting decisions regarding the maintenance of vacant spaces or properties, often resulting in calamity. This is especially true in the fall, the ideal time to prepare for the onslaught of winter and to protect the value of your real estate by making repairs that may be been overlooked during the spring and summer.
The list of concerns regarding vacant buildings is extensive. There are the obvious problems such as frozen pipes and pest infestation. There is also a host of less obvious issues that require periodic professional monitoring to protect asset value. Following are a few of these issues:
* Mechanical, electrical and plumbing (MEP) system failures
* Building envelope damage (roofs, windows, etc.)
* Fire-protection equipment problems
* Building code certifications (fire extinguishers, RPZ, etc.)
* Life/safety equipment problems (failure of emergency lights and exit signs)
* Vandalism and theft
* Humidification problems resulting in mold remediation
* Infiltration of cold air that increases utility costs
* Local municipality intervention due to building and ground problems
The reality is that the cost of properly maintaining your vacant assets before an incident is a fraction of what it may cost to repair it after damage has occurred and can be measured both in dollars and human capital. Dealing properly with vacancies by utilizing the expertise of an experienced and skilled partner dramatically decreases the possibility of property calamities.
About Investment Analytics Group
Established in December 2006, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Making the most out of your underperforming asset
0 Comments | Posted by Administrator in asset management, commercial real estate, due diligence, iag, investment analytics group, portfolio management, real estate investment
An asset that is not generating an expected or necessary return is considered an underperforming asset, and is not exactly going to give you nights of peaceful sleep. While the asset may produce income for the company or person possessing it, the income may not be sufficient and is certainly less than expected causing even more restless nights.
If you have an underperforming asset, the team at Investment Analytics Group (IAG) can assist in finding the most profitable and sensible solution to your underperforming asset. Some possibilities that we will proactively engage in include:
– Avoiding lender liability suits. We will assist in the negotiation of a pre-workout agreement to minimize risks that can arise due to misunderstood verbal statements made in workout negotiations. Often times institutions find themselves the victims of claims that oral agreements, representations or waivers made in the course of a workout entitle the borrower to rights or damages never contemplated by the lender upon entering workout negotiations.
– Analyzing and summarizing all relevant information on the loan, the borrower, the collateral and relevant documentation and history. In addition to gathering all loan documents, promissory notes, guarantees, evidence of advances and notices, a complete written history of the loan will be prepared including the borrower’s financial statements, tax returns, litigation history, and credit rating.
– Working with your legal counsel, Investment Analytics Group will work with your in-house legal department or outside counsel to protect information gathered from being used as evidence in any future litigation.
– Determining the value of the project or property. IAG’s property valuations include: DCF modeling, NOI analysis, cash flow projections, risk and return analysis, occupancy cost and marketing opportunity analysis, budgeting updates and reconciliations, and cap structure evaluation. We also take a close look at the project viability, including non-financial factors such as the debtor’s track record, integrity, character, and business planning ability.
– Documenting the transaction completely. Once negotiations have resulted in a restructuring or workout, all aspects of the agreement will be thoroughly and fully documented.
About Investment Analytics Group
Established in December 2006, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Diversifying your portfolio with real estate
0 Comments | Posted by Administrator in commercial real estate, iag, investment analytics group, portfolio management, property management, real estate investment
The market for investment in real estate has grown to become one of the staple asset classes of any sophisticated investor’s portfolio. When one considers all the alternatives for investment, whether it be cash, bonds, securities, or real estate, it has become clear to every experienced investor, adviser, and strategic buyer: they need real estate in their portfolios. This is where Investment Analytics Group plays a crucial role; we facilitate the solution for the need.
Many investors realize they need real estate in their portfolios but are not sure how to make educated investment decisions when buying it or managing it; other experienced buyers and sellers often lack the needed resources to: 1) gain access to and qualify superior real property investments efficiently, and 2) effectively manage the assets for positive cash flow and growth. Investment Analytics Group helps inexperienced buyers facilitate property investment opportunities, perform their due diligence, make highly informed decisions, and manage their assets. Investment Analytics Group can provide experienced buyers with greater expertise, resource support, and breadth of relationships.
The mission of Investment Analytics Group (IAG) is to provide the best professional services available for the sophisticated real estate investor, to build wealth, and protect long term capital. Our goal every day is to build trust, nurture relationships, live by our values, and provide our clients a tangible benefit from their real property investments.
About Investment Analytics Group (IAG)
Investment Analytics Group (IAG) was established in December 2006 ago to provide integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services. Our business model and services are not reactionary to what many other firms consider “opportunity” in this current distressed environment. For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Top Five Land Brokerage Transaction Types
1 Comment | Posted by Administrator in asset management, commercial real estate, iag, investment analytics group, portfolio management, property evaluation, property management, real estate investment
Though it may not seem so at first glance, land brokerage is a complex and multifaceted niche in the business of real estate. Unlike most improved property, land value analysis is complicated by the multitude of uses to which a given tract might be put. A land broker such as Investment Analytics Group (IAG) is very knowledgeable about local land ordinances, zoning and environmental issues. Land brokerage is a highly specialized niche in the real estate business and IAG is pleased to be an industry leader.
1. Farms and Ranches
The real estate agent or broker dealing in farm and ranch brokerage would need to develop a very unique skill set. Valuation and marketing of farms and ranches is vastly different than any other type of real estate. From crop rotation and weather cycles to over-grazing and water rights, there are a number of extremely important factors that determine the value of this type of property. Knowing local zoning and regulations for determining conversion uses would also be quite important.
2. Undeveloped Tracts of Land
Large tracts of undeveloped land, particularly those getting closer to the borders of fast-growing urban areas, represent a significant portion of land transfer transactions. Whether on the Buyer or Seller side of this type of transaction, a broad knowledge base in local business trends, employment, urban growth patterns, land use regulations and development costs would be critical. The ability to negotiate in the corporate environment would be important also.
3. Land in Transition or Early Development Stages
From closed military bases to tracts set aside for specific development purposes, again we find a need for specialized knowledge and skill sets on the part of the land broker. In many of these cases, the purpose or generally allowed purpose(s) of the tract are already decided. Knowledge in the economic viability of the approved uses and the costs of development would be required. Governmental and tax incentives play a role here also. The successful broker will have knowledge in these areas.
4. Subdivision and Lot Wholesaling
Many developers prefer to purchase an undeveloped tract, get the approvals, subdivide it and install utilities, roads and other infrastructure. They then use a land broker to wholesale the lots to builders for construction of homes and other facilities. A planned community concept might allow not only homes but limited shopping facilities and some hospital or other institutional uses. This land broker would need commercial and residential expertise as well as be able to market to builders.
5. Site Location and Assembling Parcels
This highly specialized niche would require the land broker to locate parcels for a specific buyer or purpose. Many times this requires negotiations with various owners to acquire enough adjacent land for the proposed project or development. An example would be a major retail chain using a land broker to acquire land from multiple sources on which to place a new store location.
About Investment Analytics Group (IAG)
Investment Analytics Group (IAG) was established in December 2006 ago to provide integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services. Our business model and services are not reactionary to what many other firms consider “opportunity” in this current distressed environment. For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Distressed Property? Let Inventment Analytics Group (IAG) help you
0 Comments | Posted by Administrator in asset management, commercial real estate, iag, investment analytics group, portfolio management, property evaluation, property management, real estate advisory firm
Do you have concerns about your commercial real estate investment? Is it distressed? Underperforming? Giving you sleepless nights? Then you should contact Investment Analytics Group (IAG) to help give you some peace of mind. Whether you are engaged in a transaction of a single asset or an entire portfolio, IAG’s experienced team with strong financial, accounting and legal backgrounds can provide you with these great resources. Investment Analytics Group will ensure that financial records reconcile with historical performance and projections.
IAG also can:
– Audit operating statements and reconcile tenant billings to lease terms
– Analyze collection issues
– Conduct capital expenditure analysis
– Review expense trends and adjust for deferred maintenance
– Perform complete lease file review and default analysis
– Assess contract services and other operation costs
About Investment Analytics Group (IAG)
Investment Analytics Group (IAG) was established in December 2006 ago to provide integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services. Our business model and services are not reactionary to what many other firms consider “opportunity” in this current distressed environment. For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
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Commercial Real Estate Portfolio Management
0 Comments | Posted by Administrator in asset management, commercial real estate, iag, investment analytics group, portfolio management, property management, real estate investment
Whether you are engaged in a transaction of a single asset or an entire portfolio, Investment Analytics Group’s (IAG) experienced team can provide you with great resources including strong financial, accounting and legal backgrounds. Investment Analytics Group (IAG) will also ensure that financial records reconcile with historical performance and projections. Investment Analytics Group provides the following services as well:
• Audit operating statements and reconcile tenant billings to lease terms
• Analyze collection issues
• Conduct capital expenditure analysis
• Review expense trends and adjust for deferred maintenance
• Perform complete lease file review and default analysis
About Investment Analytics Group
Established in December 2006, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
1
Why do you need real estate in your investment portfolio?
0 Comments | Posted by Administrator in asset management, commercial real estate, iag, investment analytics group, portfolio management, real estate investment
The market for investment in real estate has grown to become one of the staple asset classes of any sophisticated investor’s portfolio. When one considers all the alternatives for investment, whether it be cash, bonds, securities, or real estate, it has become clear to every experienced investor, adviser, and strategic buyer: they need real estate in their portfolios. This is where Investment Analytics Group plays a crucial role; we facilitate the solution for the need.
Many investors realize they need real estate in their portfolios but are not sure how to make educated investment decisions when buying it or managing it; other experienced buyers and sellers often lack the needed resources to: 1) gain access to and qualify superior real property investments efficiently, and 2) effectively manage the assets for positive cash flow and growth. Investment Analytics Group helps inexperienced buyers facilitate property investment opportunities, perform their due diligence, make highly informed decisions, and manage their assets. Investment Analytics Group can provide experienced buyers with greater expertise, resource support, and breadth of relationships.
About Investment Analytics Group
Established in 2007, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
2
Investment Analytics Group (IAG) Retained by former DBSI Investors for Land Asset Management Services
0 Comments | Posted by Administrator in asset management, commercial real estate, iag, investment analytics group, portfolio management, property management, real estate investment
Investment Analytics Group, a national real estate service and advisory firm that specializes in creative, customized solutions and services for the commercial real estate investor, announced today that they have been hired to manage multiple land assets on behalf of numerous former DBSI investors.
“Holding land as an investment offers buyers and owners some downside protection at a time of market volatility. A well-researched investment in land today can provide numerous benefits to investors, and being a tangible asset, may be one of the more sound investments available today, certainly better than many stock certificates in the current climate,” said Eric Mott, founder and Managing Principal of IAG. “We are committed to providing the best professional services to our new clients to help them preserve value in their land and prepare for the future.”
The Investment Analytics Group (IAG) team brings an extensive real estate background and knowledge to the modeling/valuation process and has analyzed billions of dollars of transactions on all investment property classes. Their analysis has helped their clients make critical management, valuation, acquisition, disposition, and financing decisions, particularly with land and development assets.
“Our clients purchased these raw land investments to help them diversify their retirement and investing efforts,” said Mott. “Owning raw land that can be properly managed, entitled or developed and resold for profit gives you a good tangible asset for portfolio diversification. The IAG team is here to make sure these land investments are well positioned for sale at an appropriate time to harvest significant gains. As many of our new clients are coming through a period of adversity, we believe IAG can help them get back on track and build toward a positive future.”
Whether it’s a raw land investment, single tenant building, office complex, retail property or apartment complex, IAG has used their extensive experience to meet all of their clients’ management needs. As an advisory firm, not a brokerage, IAG truly wears the same shoes as the investor / owner.
About Investment Analytics Group
Established in 2007, Investment Analytics Group (IAG) provides integrated commercial real estate advisory services to investors. Our core services include asset level due diligence, asset management, financial modeling, feasibility studies and other related advisory services.
For more information visit us at www.iagroupllc.com or contact us at 208.846.8476 or info@iagroupllc.com.
