The function of Due Diligence is to verify, verify, verify! We prepare Due Diligence in the context of land development, subdivision, leasing of commercial space, and re-zoning. Unknown risk is the number one factor in failing real estate transactions and projects. CITYTREND has a strong methodology to conduct Due Diligence reports which are able to reduce these potential failures. Our team evaluates all relevant planning information and identifies risks and issues related to a proposed development. CITYTREND creates a simplified report which will assist you in knowing that you are making the right decision.
One of the major factors, of a proper Due Diligence exercise, is to understand the objectives. Each project or transaction has specific requirements and objectives. Each one of them needs to be evaluated against the conditions of the site or building under review. In order to properly evaluate a project, it is our view that four dimensions must be evaluated:
There is no easy button when it comes to Due Diligence and only few experts can truly identify risks and opportunities. Our team recognizes the time-sensitive factors associated with Due Diligence. Our experience allows us to be effective and accurate. We provide reliable analysis to support your very important real estate transaction decisions. We are your partner.
Knowledge is the key factor for success with City Hall. We have identified four categories to develop a complete understanding and ability to successfully manage a project to approval. We call it the four “Ps.”
This pillar is critical. Understanding the regulations is important to evaluate up front if a project is at risk or not.
The approval process will include the input from dozens of people ranging from community groups to technical reviews from engineers or feedback from the parks department. Our understanding of the role of each referee is an important piece of the puzzle.
The approval process will differ depending on the application itself. We map the process steps clearly so you can keep track of your progress and develop a predictable timeline.
This is usually where our clients excel but understanding your own product is key in being able to make adjustment along the way and respond to comments and feedback.
If you have any questions feel free to contact us