Set your basis on a redevelopment and underwrite the plan
For Developers · also Acquisition & investment teams, Family offices & private investors
Value OpinionUnderwriting
Give me an opinion of value for [address] as it stands today, from the attached T-12 and rent roll. Then underwrite this: buying it at that value with a [budget] redevelopment and a [number]-year hold — what does it return against [target IRR]?
- You give
- The address; the T-12; the rent roll; the budget; the hold period in years
- You get
- Reasoned opinion of value, in the assistant Often also: memo (PDF), deck (PDF), memo (Markdown), Excel workbook (XLSX)
- Then
- Underwriting — ask for it in the same conversation once step 1 is done
Investment committeeUse this workflow