Monthly Archives: February 2016
Acquisition – Due Diligence: MEP Systems
Systems Overview – Mechanical Electrical Plumbing (MEP) Mechanical – HVAC: HVAC Plant (central M local) – Base Load Capacity Check Plant Sizing; Rule of thumb: 350 sq ft / ton or 400 cfm / ton Check Spare Capacity (Chilled Walled Supply / Condensor Water Supply) Age of Major Equipment – Preventative Maintenance and Emergent Service History […]
Continue readingAcquisition – Due Diligence: General
General Investigation Investigate reason for Sale Investigate the owner’s original intent for such an investment Speculative Investment Build to suit – lease Build to suit – own use Understand owner’s business philosophy Investigate owner’s business history Investigate owner’s professional standing Investigate general attributes of the building: Age Locational Characteristics Basic Construction Initial Impression of Condition […]
Continue readingProperty Title
Title Title is an abstract term frequently used to link an individual or entity who owns property to the property itself. When a person has “title,” he is said to have all of the elements,including the documents, records, and acts, that prove ownership. Title establishes the quantity of rights in real estate being conveyed from […]
Continue readingOrigin and Evolution of Wall Street
Origin Many accounts give different versions of the history of the name – Wall Street. The most popular and accepted one is that the name derives from de Waal Straat, what early Dutch settlers called the edge of their settlement. They had built a wall to protect themselves from the Indians, pirates and the British […]
Continue reading