What Gets Reviewed in DD? In previous posts, we talked about the due diligence period – also known as the feasibility period – which is the time allowed for a land buyer to vet out all issues and assumptions. The …
Why Are Site Costs Negotiated? While a land transaction is in escrow, the buyer is typically conducting all of its due diligence investigations and trying to confirm development costs. A homebuilder will be wanting to confirm all of the house …
Are Condo Conversions A Good Opportunity? I recently was in a discussion about the merits of looking at condo conversions, which mostly means that apartments are being converted into for-sale condominiums. The process would typically include the processing of a …