Understanding Your Position, Portfolio & Goals

It is crucial in developing a cohesive real estate strategy to be able to understand what drives your investment. Triangle Commercial believes by Creating a Partnering Relationship, above and beyond a provider-customer relationship, we can better understand your needs.

We will look at where your investment objectives lay - cash flow, retirement, family trust, or wealth management and what factors in the market affect them. We need to know the outside pressures impacting decisions and how they might play a role in the investment decisions.

 Strategic Real Estate Plan

 From this point forward, we begin to mesh your investment objectives with the real estate project, thus starting the framework of the final outcome. We examine your goals and objectives, and determine both short and long term real estate needs. We determine what exit strategies are available.

Definition of Requirements

Property Type - Each of the various investment property types has their own set of risks, rewards and market factors to consider. What level of management responsibilities can you tolerate? Based on your needs and objectives, we'll assist you in determining which property type suits you best.

Budget - We'll outline the basic economic framework of your proposed real estate investment. This includes determining your equity and debt targets and how those will impact returns during the hold period.

Geographic Scope - Depending upon your objectives, we can search forproperties nationally or limit the search to specific geographic regions like the Triangle or the Southeastern US.

Timeline - Often misunderstood or not clearly communicated is the time it takes for a properly planned real estate strategy to reach fruition. 1031 tax-deferred exchanges add an additional layer of requirements. Some alternatives can be completed relatively quickly, but may not achieve the optimal outcome. A preliminary timeline will be created to help you understand the length of the project and how your level of time commitment to it might fluctuate. Milestones will be set and recorded and project status consistently communicated.

Survey of Market

Property Matrix - From this point we begin to identify alternatives by presenting a cross section of properties that most closely match your objectives. This property matrix usually considers price, location, and basic financial and physical characteristics. This is also a first pass, as criteria and availability can change quickly. Property Short List - After scrutinizing the available properties on Market Survey and determining which are worthy of further consideration, we'll prepare a property short-list that places side by side the characteristics and rankings of your chosen alternatives and ultimately serves to narrow down your selections and further your real estate goals.

Comparative Analysis

 As we move closer to a decision, we'll employ sophisticated financial modeling software and resources specifically tailored to commercial investment real estate. We can generate detailed financial performance models and what-if analyses in order to fully examine a prospective investment property. We are aiming to ensure that the decision you make is a good one and right for you.

Deal Term Negotiation

 Through a Letter of Intent (LOI), the terms of the proposed transaction will be materialized in an offer to the owners of one or more of your short-listed properties. Our experience in the market will assist you determining the fair market value of each property. The LOI also provides for the critical dates of inspections, financing and closing.

Selection of Property

 As negotiations proceed, we further narrow the list of properties under consideration and hopefully reach agreement on a property or properties that meets your objectives. A purchase and sale agreement is prepared based on the agreed upon terms. If the right property is not found, the process of searching the market and analyzing properties is repeated until we are successful.

Document Review

 Confusing, often one-sided legal language can muddle what may seem like a win-win real estate deal. With all Seller originated contracts, prior to submitting to your attorney, Triangle Commercial will review the sales contract or other document involved in your transaction to ensure it accurately reflects the deal terms that were agreed to, and is written in a manner that adequately protects your interests now and in the future.

Facilitating the Closing

Once a purchase and sale agreement is entered into, we will assist in coordination of due diligence activities, provide recommended vendor contacts, monitor key dates, and facilitate communication between the parties to insure a smooth and orderly transaction.