Check a seller's rents against the market before you underwrite

For Brokers · also Acquisition & investment teams, Lenders & debt funds

What is the fair market rent for the [use] space at [address]? Then underwrite this from the attached T-12 and rent roll, using that market rent where leases roll.

You give

The address; the rent roll; the T-12

You get

Fair market rent, $/SF/year and per month, with the leases behind it, in the assistant

Then

Underwriting — ask for it in the same conversation once step 1 is done