“When we’ve been faced with a tight deadline on large portfolio acquisitions, we have called in Cody Realty Advisors to assist us with due diligence (lease abstraction) as well as financial analysis using the ARGUS Enterprise (AE) software program.”
—REIT client
Assignments
The sample assignments shown here provide an idea of the range of both William J. Cody Realty Advisors' capabilities and clients.
While this is the core of what we do, we're not limited to these services.
Lease Abstraction
Real Estate Investment Bank
- Abstracted key major tenants and created very detailed ARGUS Enterprise (AE) discounted cash flow models.
Cash Flow Reviews
Real Estate Developer
- For a mixed-used development, reviewed individual property cash flows, generated in Excel® (office, retail, hotel, etc.) by creating detailed ARGUS Enterprise (AE) models as a cross check.
Investment Analysis
Real Estate Investor
- For senior housing, created customized Excel® Internal Rate of Return (IRR)/investment analysis.
Discounted Cash Flow - Creation
Real Estate Appraiser
- On an on-going basis, created ARGUS Enterprise (AE) models from source documents that are either e-mailed or obtained from client “War Rooms” and produced customized ARGUS Enterprise (AE) reports in an Excel® format.
Offering Memorandum Review
Real Estate Broker
- Objectively reviewed and cross-checked offering memorandum providing feedback with highlighting, comments and issues list.
Lease Abstract Form - Feedback
Real Estate Investor
- Client was updating their form and provided feedback and suggestions for adding fields to facilitate abstraction and review.
Underwriting
Real Estate Investment Bank
- Reviewed third party documents and filled in/wrote all aspects of underwriting template including: property description, market analysis, rental comps, operating history, cash flow, etc.
Valuation
Privately Held Real Estate Investment Firm
- Update 250+- ARGUS Enterprise (AE) files on a quarterly basis, Update ARGUS Enterprise (AE) rent rolls with lease renewal terms per Client provided Lease Abstracts, and provide Client with ongoing list of issues.