ACQUISITION/DISPOSITION
PLANNING/EXECUTION

Acquisitions and dispositions are fundamental to real estate. NBS Real Estate Consulting can provide comprehensive support for the broad range of these transactions, such as fee acquisitions, ground leases, sale-leaseback, or structured partnerships. We understand the application and effect of the related elements to a real estate transaction.

This work may include:
  • Due Diligence
  • Entitlements
  • Construction
  • Financing
  • Leasing
  • Operations
  • Underwriting
PROJECT SUMMARY

Oregon Transfer

Acquisition/Disposition Planning/Execution
DATE OF WORK:
2019 - 2020
PRODUCT TYPE:
Distribution and Manufacturing
CLIENT TYPE:
Private Family Owned Business
LOCATION:
Portland, OR

This project began with the question of whether or not an unsolicited offer for one of the three distribution buildings was a ‘fair’ price. The offer was submitted by a very experienced and qualified broker representing the world’s largest industrial owner. NBS Real Estate Consulting recommended not directly responding to the unsolicited offer, but to engage the market in order to harvest additional information about pricing and to gage interest levels in the identified assets. NBS Real Estate Consulting engaged three national brokerage groups and were able to confirm a value range and relative interest. Through the marketing process, it was discovered that the unsolicited offer rated only 10 out of 14, and their best and final offer was rated 5 out of 8. The decision to pursue a formal marketing process and broad exposure provided Oregon Transfer Company ownership with multiple qualified offers. These competing offers pushed the values well beyond the original unsolicited offer. The selected broker and their marketing efforts provided for a 53.0% increase in the value related to the original asset offer. 

Properties:

  • 5910 N Cutter Cir. | Portland, OR
  • 6229 N Marine Dr. | Portland, OR
  • 7825 N Leadbetter Rd. | Portland, OR
  • 13201 N Lombard St. | Portland, OR
PROJECT SUMMARY

FBO Capital Partners

Asset Advisory Services | Acquisition/Disposition Planning/Execution
DATE OF WORK:
2021 - Current
PRODUCT TYPE:
Aviation
CLIENT TYPE:
Private Equity Fund
LOCATION:
Nationwide

This client uses NBS Real Estate Consulting to provide its best practices, knowledge and experience in its real estate transactions.  This effort includes sourcing aviation properties, providing initial underwriting, and helping determine investment viability including analysis of all possible income streams of the properties.  NBS Real Estate Consulting also helps negotiate Letters of Intent and Purchase and Sale Agreements, as well as manages the due diligence and closing obligations.  NBS Real Estate Consulting has also introduced capital for investing in the FBO Funds or its separate joint venture opportunities.

PROJECT SUMMARY

Adtalem Global Education

Asset Advisory Services
DATE OF WORK:
2021 - Current
PRODUCT TYPE:
Education
CLIENT TYPE:
Publicly Traded Company
LOCATION:
International

Assisted Adtalem with a number of projects relating to their real estate holdings. One major project looked at leasing vs. purchasing of a school campus. This evaluation included the campus having classrooms, parking and student housing. Additional projects looked at evaluating multiple lease locations and determining best leasing option from a quantitative analysis. Further projects include valuing leases for classification as an operating lease or financial lease in accordance with the Accounting Standards Codification (ASC) 842.

PROJECT SUMMARY

Montclair Ventures

Acquisition/Disposition Planning/Execution
DATE OF WORK:
2018 - Current
PRODUCT TYPE:
Multi-Family
CLIENT TYPE:
Private Equity Fund
LOCATION:
San Antonio, TX
Houston, TX

NBS Real Estate Consulting provides peer underwriting, property condition assessments, and market research on potential acquisitions.  To date, reviews have been performed on projects within the San Antonio and Houston markets.   

NBS Real Estate Consulting has sourced financing on two projects achieving results that exceeded expectations and on terms more favorable than other proposed lending sources.

Properties:

  • Mission Escondida Luxury Apartments | San Antonio, TX
  • Glenwood Apartments | San Antonio, TX
  • Tiffany Square Apartments | Houston, TX
  • Winsome Court Apartment Homes | Houston, TX