Corporate Brochure Business Line Booklet 2018 | Page 25

DUE DILIGENCE FINANCIAL PLANNING Each property comes with its unique set of challenges including low collections, high operating expenses or physical obsolescence. We investigate the accuracy of initial underwriting assumptions for clients who are exploring a property acquisition. We conduct an in- depth analysis of the property’s income and expenses and risk and liability exposure. We also perform a lease file audit, market comparable survey and physical condition assessment. A key component of the transition is to formulate a strategic financial plan consistent with the client’s financial objectives. We begin by generating one, three, five and ten-year financial performance models and reporting projected cash flow expectations. Details of the current financing and any existing tenant concerns are also considered. Our integrated approach allows you to reduce risk, attract and retain your target tenants and maximize the value of your investments while minimizing costs. SMOOTH TRANSITIONS Armed with the findings of the due diligence analysis, our clients’ unique goals, the power of our collaborative platform, and the experience of our staff, we will create a comprehensive plan to exceed expectations and ensure zero interruption to property services. We offer a strategic staffing plan that includes a highly-qualified team of professionals, focused on elevating service and achieving cost and operational efficiencies. Our hands-on professionals are dedicated to and personally invested in the improvement of each property in our portfolio. Franklin Street’s team of young, aggressive real estate management, sales and accounting professionals have worked at Cortez Plaza East for the last 10 years –they have helped build the center to its utmost potential on all levels. Franklin Street has helped us with many issues a property of this size and age often encounters. I couldn’t imagine working with any other people and company. They give great advice and take direction like a family machine." MIKE LEMBO OWNER, CORTEZ PLAZA EAST