Pre-Acquisition Analysis Institutional investors receive a steady stream of opportunities for multifamily investment.  For properties that pass the institution’s initial screening, NOI provides unbiased analysis and due diligence to review initial pro forma projections, vet the underlying operating assumptions, and determine whether forecasted IRRs will likely be realized.  We have expertise with both core and value-add assets, and our services include: • Review of client investment expectations, based on the pro forma projections;   • Study of submarket demographics and site visits to select the best-fit competitive set;   • Analysis of the asset’s historical financial statements in comparison to client expectations, the competition, and NOI’s like-property benchmarks, adjusted for specific characteristics of the asset;   • Audit of the rent roll and in-place leases relative to historical financial statements and the competitive set;   • Thorough inspection of the physical plant to assess capital investment needs and identify opportunities to enhance revenue;   • For value-add investments, analysis of the proposed capital improvement plan to vet the forecasted cost-benefit yield, and if warranted, suggestions for revising the capital plan;   • For core-asset investments, detailed study and recommendations with regard to floorplan pricing, advertising, marketing, and unit turns, the keys to maximizing rental income;   • Advice on selecting on-site management best suited to operate the target property;   • A written report tying together all of our findings and recommendations, and either affirming or revising initial pro-forma projections;   • A web conference or in-person meeting for the client to raise questions, discuss implementation strategies, or challenge our findings; and   • If requested, follow-up consulting to monitor progress and execution of  Performance FundamentalsSM at the property. Terms of Use | Privacy Policy Copyright © 2007 NOI Capital Partners.  All rights reserved.