Different assets.
Different questions.
Understand the physical building, the tenant’s business and the obligations that turn rent into investment cash flow.
Retail investment
↗Look past the storefront to the lease economics.
Industrial investment
↗Price utility and adaptability, not just square footage.
Office & medical office
↗Underwrite the next lease, not only today’s rent.
Mixed-use investment
↗Separate the income streams. Reconcile the shared risks.
Commercial multifamily
↗Treat the building as an operating business.
Specialty commercial assets
↗Separate real estate value from operating-business value.