Situs Companies - Trusted InSight into Global Real Estate



Quality Service

Through our multi-lingual team of real estate and financial professionals, Situs provides Real Estate Due Diligence and Financial Services to leading investment banks, institutional and private equity investors, real estate investment trusts, B-piece buyers and pension funds. We work in close partnership with our clients to provide trusted insight and industry expertise, which help maximise the performance of their real estate investments worldwide.

In Europe, our team has completed real estate and financial due diligence assignments in Germany, the United Kingdom, France, Spain, the Netherlands, Belgium, Luxembourg, Switzerland, Austria, Poland, the Czech Republic, Finland and Sweden. We have also completed projects in Dubai, Qatar, India, China, Korea, Mexico, Panama and the United States.

Contact:

NICOLAUS HARNACK
Director
nicolaus.harnack@situscompanies.com

+44 (0) 20 7715 2902
HENRIK MORITZ
Vice President
henrik.moritz@situscompanies.com

+49 (0) 30 408 1791 111
RALPH HOWARD
Principal
ralph.howard@situscompanies.com

713.328.4444
PATRICK D'SA
Managing Director
patrick.dsa@situscompanies.com
561.314.2988


Real Estate Due Diligence

Situs Realty Services (SRS) has the capacity to support our clients’ due diligence and underwriting requirements for a wide range of real estate transactions and diverse financing structures, portfolio loans, structured/tranched securitised transactions, B-piece underwriting, CMBS loan assumptions, and mezzanine/preferred equity investments. The SRS team provides the following services to clients:

• Due Diligence
• Commercial Mortgage Underwriting
• CMBS and CDO Securitization Support
• Credit Facility Surveillance
• Business Process Improvements
• Cash Flow Modeling
• Lease Review
• Third Party Management/Review
• Site Inspections and Market Studies

• Asset Summary Reports


Accounting Due Diligence

Situs Financial Services (SFS) provides both acquisition and lender-related accounting due diligence services to our clients. The SFS team is staffed by qualified ccountants with broad global real estate industry experience, who apply rigorous financial analysis to provide our clients with reliable information about their existing real estate portfolios and the transactions they undertake. We provide customised support to our clients in such areas as:

• Agreed-Upon Procedures (AUPs)
• Financial Testing
• Service Charges Reconciliation Modeling
• Preferred Return and Promote Structure Testing
• Internal Control Procedures
• Project Cost Testing
• Joint Venture Modeling

• Balance Sheet Analysis