Our approach begins by identifying assets that possess upside potential located in strategic markets with strong growth fundamentals.
The Trailing 12, or T12, is a document that contains categorized revenue and expense items for the past 12 months. Our team meticulously analyzes the full trailing 12 of each property which provides a clear picture of the property's performance history.
Rent Roll Analysis
By analyzing the Rent Roll, a document containing valuable information on all current tenants, our team is able to better understand the current situation of the property and where it will be heading in the coming months. This document typically contains tenant specific data such as months at the property, current rent, and other fees owed.
Comparables, or "Comps" are similar properties within a small radius of our subject property, usually our competitors. By analyzing and understanding what our competitors are implementing at their properties, we can outline both the opportunities and limitations of our subject property.
The last step of this stage is to create our business strategy. By utilizing all of the data received up to this point, our investment committee formulates a plan to create value. Our goal... increase revenue and decrease expenses, all without creating significant execution risk.