Tasks
TaskDue
Build initial underwriting modelApr 24
Review rent roll and tenant leasesApr 25
Order environmental site assessmentApr 26
Complete property condition assessmentApr 27
Review property survey & ALTAApr 27
Identify comparable industrial sitesApr 30
Review closing statementApr 30
Finalize LOI terms with sellerMay 1
Complete tenant estoppel reviewMay 1
Final walkthrough inspectionMay 1
Review title commitment & exceptionsMay 1
Schedule site visit with engineering teamMay 2
Schedule broker tourMay 2
Confirm wire transfer instructionsMay 2
Schedule building inspectionMay 2
Review tenant credit profilesMay 3
Execute closing documentsMay 3
Build preliminary proforma modelMay 3
Finalize property management agreementMay 3
Review existing tenant leasesMay 4
Analyze rent roll against market compsMay 4
Negotiate purchase agreement amendmentsMay 5
Schedule property condition assessmentMay 5
Calculate renovation CapEx budgetMay 6
Verify zoning & entitlementsMay 6
Analyze Midtown submarket rent compsMay 6
Complete tenant onboardingMay 6
Update financial model with latest compsMay 8
Prepare IC memo draftMay 10