A Seamless Process: Asset Review & Evaluation
Advisors at The Neema Group understand the importance of precision timing and seizing market opportunity. We swiftly guide you through the asset evaluation process while keeping you informed at every step. Here’s what’s involved:
01. Owner Meeting
Discuss goals, timeline, and property details; especially what makes it unique. We then align our strategy with your individual values and ultimate goals.
02. Property Tour & On-Site Review
A thorough, in-person evaluation. Assessing condition, amenities, operational considerations etc., we create a big-picture value proposition beyond numbers, highlighting features likely to pique buyer interest and elevate perceived value.
03. Financial & Due Diligence Collection
Review of key materials including current rent roll, operating expenses, delinquencies, leases and relevant due diligence items: the foundation for an accurate and credible evaluation.
04. Ownership Interview & Financial Refinement
We’ll clarify any important details, refine income and expense assumptions, and ensure the financial picture is an accurate reflection of how the property operates.
05. Market & Comparable Analysis
Analyze recent comparable sales and rent, evaluating buyer activity, pricing trends, and demand to accurately place your asset within the market.
06. Asset Evaluation & Pricing
Establish a realistic price range based on the refined financials, market data and conditions, buyer expectations, and owner objectives.
With extensive experience dealing with multifamily properties across all of Los Angeles and its submarkets, and working with single-property owners to those managing multiple asset portfolios, we’ve perfected the process of accurately determining multifamily real estate property values, increasing it, and preparing you for what’s next.
