Commercial Due Diligence
Due Diligence for Land Acquisition and Development can Save You Thousands in False Starts, Delays, and Poor Decisions
You have identified your site and now stand ready to verify it’s the right decision to move forward. The process of due diligence for land acquisition and development is the first hurdle you must overcome once you’ve “identified your site“. To put it politely, it’s your “rear guard.”
Usually, due diligence is the start of the worry stage where you need fast answers to three critical questions:
- Is the site suitable for your plan?
- Are there any liability issues to inherit–environmental, regulatory or title?
- Can the site be permitted for your planned use?
If the answer to any one of these is negative, you need to know before your money goes hard. You’ve got to organize all of your consultants and subject matter experts in an extremely short time to get these questions answered. Any delay and you’re done.
- Not only do you need answers fast, but they have to be accurate.
- Even something as simple as a missed easement in your title review can cause lengthy delays.
- Delays mean undue expenses as you work to resolve them.
This is one of the busiest times in the development process. You’re working at full speed to get financing in place, tweak your business plan, develop concepts and GET YOUR DUE DILIGENCE DONE.
With an experienced team leading your due dilligence you will rest easy.
You’ll have less stress and more time to focus on what matters–the deal.
You’ll be secure, knowing you’ve got the complete picture.
You’ll be protected with the additional rights you need to make your project a success.
We want to learn more about your due diligence needs. Receive a free 30-minute consultation.
The most time consuming due diligence task is your survey. The last thing you need to worry about is what your surveyor is doing, whether they’ll meet your lender’s survey requirements.
We can help. Our due diligence surveying services are designed to take the burden of identifying land title issues off your back. We will work closely with your real estate attorney, lender and title insurer to identify, document and present critical issues relating to your land’s title, boundary and physical characteristics including:
- Easements, rights-of-way and other encumbrances, including prescriptive easements
- Buildings and improvements
- Utilities
- Parking
- Access rights
Working with your attorney, we can help you craft necessary appurtenant rights including:
- Cross-parking easements
- Access easements
- Pedestrian easements
- Utility easements
- Drainage and storm water conveyance easements
- View-shed easements
Our boundary surveys exceed the stringent ALTA/ACSM Minimum Standard Detail Requirements for Land Title Surveys. This is the industry standard for commercial real estate and land acquisition.
Your survey will exceed even the most stringent lender’s requirements.
We have performed due diligence surveys for hundreds of clients on all types of projects including:
- Minto Communities, Inc., Client since 1987: We have surveyed over 4000 acres of land for due diligence on Minto’s residential developments in Southeast Florida.
- Florida Department of Environmental Protection, Client since 1998: We have surveyed over *94,000 acres* of land to the State’s highest due diligence standards.
- Shopping Center and retail sites for Southeast Centers, Karl Corp., Southern Development Services and many others too numerous to name.
- Gas Station & Convenience Store Sites for Exxon/Mobil, Shell Oil and Hess Petroleum.
- Retail Sites for Walgreens, CVS, Tire Kingdom and Auto Zone.
- Bank branch sites for Barnett Bank, NationsBank, Bank of America, Washington Mutual and community banks.
You can be confident in our experience.
We are not typically the lowest price provider. If cost is your only selection criteria, you may be better served by another firm. But if you value timely performance and the success of your deal, we may be able to help you.
To find out, contact us for a free 30-minute due diligence consultation.