Sourcing
– Maintaining a network of referral sources: agents, brokers, notaries, and personal networks.
– Monitoring of geographic economic development: increased needs resulting from industrial developments, centers of expertise, and local political will.
Opportunity Validation
– Commercial viability of a real estate asset in the targeted areas; validation of geographic opportunities.
– Analysis of the competitive landscape, inventory of existing offerings.
Economic Reality
– Validation of market prices to determine the optimal purchase price.
– Preparation of preliminary financial statements and assessment of economic viability.
– Developing negotiation strategies for the acquisition.
