Acquisition Due Diligence Saves Millions At The Last MinuteShare
Institutional real estate investors regularly call on AGH to perform due diligence prior to making an investment. AGH has performed due diligence procedures on projects ranging from $25 million to $250 million. Recently, a client about to close on the purchase of a $100 million shopping center project received substantial benefits far outweighing the cost of our services. During the 30-day window for due diligence, when we compared seller records to lease agreements, we discovered that the seller had inadvertently overstated the project’s rental income in their cash flow model. As a result of this discovery, our client was able to negotiate a lower purchase price.
Tagged In: Real Estate and Construction