| TRA is qualified to expertly perform a broad base of real estate
assignments including bulk sales, securitizations and single asset
transactions. Our professional staff is experienced in working
with Wall Street securities firms, institutionally funded investment
groups, national lenders (conduits, credit companies, life companies
and banks), entrepreneurial / private investment funds and high
net worth private investors. Our services range from underwriting
complex transactions for public real estate companies to single
asset transactions. |
|
FINANCIAL ANALYSIS
We provide a wide array of financial underwriting services for
direct lenders, conduit lenders, and the real estate investment
community, including the following: |
|
| • |
Single Asset Acquisition (Real Property, Debt or Entity-Level) |
| • |
Property Inspections |
| • |
General Due Diligence |
| • |
Underwriting (single loans, portfolios and securitizations) |
| • |
Market Studies |
| • |
Disposition, whether of single assets or portfolios |
|
CONSULTING SERVICES
TRA principals have advised individual investors, governmental
agencies, developers and institutions in their investment and
lending objectives by providing quality professional advice on
technical matters and assistance in assessing the economic viability
and strategic positioning of real estate assets. Some of these
services include the following: |
|
| • |
Cash Flow Analyses and Financial Modeling (including ARGUS, Excel, and Lotus 123-based) |
| • |
Financial Restructuring |
| • |
Financial Statement Analysis |
| • |
Loan Workout / Restructuring Negotiations |
| • |
Expert Witness Testimony |
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BULK LOAN SALE DUE DILIGENCE & ADVISORY
TRA professionals are actively involved in the secondary mortgage
market. We have evaluated and prepared bids on behalf of many
organizations engaged in this form of investment. Likewise, we
have underwritten portfolios offered for sale. Indeed, our team
has considerable "cradle to grave" experience in the entire process,
from appraisals and debt underwriting/placement on the "front
end", to securitization, rating agency presentations, and the
underwriting of CMBS pool acquisitions on the "back end." Some
of our services include: |
|
| • |
Loan Portfolio Analysis |
| • |
Individual/ Portfolio Conduit Loan Compliance |
| • |
Individual / Portfolio Loan Review and Underwriting |
| • |
Individual / Portfolio Loan Valuation |
| • |
Asset Summary Preparation |
| • |
Acquisition Underwriting |
