Real estate deals appear very straightforward, until reality sets in. Title confirmation, property condition verification, survey and zoning diligence, lease and change of control review, potential liens and lawsuits, and environmental assessments on a single property takes valuable time.
Consider this level or rigor against the holdings of national or multinational entities and a daunting task becomes seemingly impossible. The competition for real estate opportunities only adds to the pressure. Both consolidation and a desire to use real estate opportunities to expand into tangential or even new sectors are increasing the demands and shortening the timelines.
Sell side real estate deal teams need a platform to help expedite diligence. Buy side real estate deal teams need a platform to facilitate a more comprehensive review. The Datasite Cloud solves both problems – simultaneously.