Investment Strategy
Fairlane reviews or seeks out information
on over 100 properties every year. We select only a few
as prime acquisition targets – those where added value can
be created and success projected due to strong property fundamentals.
We typically target properties that are poorly managed, not operating
at the highest and best use, underperforming, or suffering from
undercapitalized ownership. We take a hard look at a property’s
total picture – its characteristics, the seller and the seller’s
circumstances, existing tenancies, location, market, property type,
alternative uses and renovation requirements.
We
then create a business plan for each asset, focusing on how best
to differentiate it to create value. Extensive due diligence prior
to offers and Purchase & Sale Agreements provide us with a competitive
advantage as sellers look for buyers who will close quickly without
retrading or renegotiation. Our close evaluation of a potential
acquisition, including capital needs assessment, market reports,
rent analysis and operating expense breakdown, ensures that investors
receive a clear risk/reward assessment.
For each targeted acquisition, a team of due diligence experts is
quickly formed, including engineers, architects, contractors and
vendors, as well as investors, mortgage brokers, leasing brokers,
property managers and attorneys. Fairlane’s proven performance
and longstanding relationships translate into immediate attention
from decision makers — key investors, brokers, and vendors.
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