Realogic’s team has the financial and operational expertise to conduct in-depth acquisition, financing and disposition due diligence analysis and review. Realogic works with some of the largest real estate owners, banks, funds and REITs, providing due diligence services throughout the transaction cycle.
Operations (Service Contracts, Licenses and Permits, Union Contracts, Management Agreements, Ground Leases / Air rights, Insurance, Parking, Security, Accounts Payable, Work Orders, Utilities, Personal Property, Certificates of Occupancy)
Real Estate Taxes ( Historical, Future Projections, Appeals, Special Assessment)
Leases (Abstracts, Options and Encumbrances, Historical Occupancy, Walk Through, Tenant Improvements, Leasing Commissions, Parking Requirements, Tenant Correspondence, Credit Reviews)
Realogic has abstracted leases for some of the largest real estate transactions in history since first offering lease abstraction services for due diligence over 15 years ago. Whether abstracts are required for a single building or an entire portfolio, Realogic’s lease abstraction can be scaled to meet your needs.
Abstraction using client solution
The Realogic team has the expertise to abstract leases into virtually any desired format, including direct input into accounting software or Microsoft Excel/Word.
Realogic's preferred software for due diligence lease abstraction is Realogic Abstract.
Developed by Realogic, this web-based software provides highly customizable abstracts and numerous other reports to facilitate due diligence decision-making in a real-time, interactive environment.
Upon closing, building and lease data from Realogic Abstract can be exported to accounting software (MRI, CTI, JDE, Yardi, etc) for immediate tenant billing without the needless re-keying of data. Clients also have the option to continue using Realogic Abstract for post-closing lease administration.
Realogic offers assistance in the actual closing of properties and loans.
Transaction specialists prepare the closing statement and calculate all the prorations and closing costs according to the Purchase & Sale document.
All backup is reviewed by Realogic and the information is delivered to the buyer, seller, lender, attorneys and title company. All wiring information and the flow of funds are coordinated between the parties and the title company.
Any exhibit changes are updated and delivered to the attorneys, i.e. new lease documents.
Due Diligence-Post Closing
Realogic will transfer the due diligence work to the properties, as well as verify any discrepancies noted.