Financial Advisory

Birch|REA is a leader in providing real estate advisory services for a select group of clients, ensuring the successful execution of sale-leaseback portfolios on a nationwide basis. Birch|REA implements a comprehensive and detailed program overseeing the sale-leaseback process, working closely with corporations, financial institutions, real estate investment companies and third party due diligence providers to minimize investment risk and maximize profit. We have earned a national reputation in the successful execution of numerous sale-leaseback portfolios over the past two decades.

Our CTL advisory and financial services include both sale-leaseback and synthetic lease transactions. This work has also involved both public real estate securitizations and private debt placements. Whether an assignment involves a single asset or a dispersed portfolio of hundreds of properties, we have the staff and expertise to provide thorough market-based analyses. We have dedicated groups with experience in all property types.

We know timing is critical in today’s real estate environment, so we always work within our clients’ schedules to deliver the highest caliber work in a timely manner. Our services include:

Market Analysis

We conduct in-depth market analyses to fully understand the influences on current markets and future property values.

Site Inspections

We inspect properties, wherever they may be, and evaluate their general physical and economic conditions and relative competitive positions in the local and regional marketplaces. We present our findings in concise, well-written and well-documented reports.

Lease Abstracting

Our team of experts reviews the key elements of tenant leases and develops abstracts tailored to our clients’ needs, to ensure accurate cash flow modeling and precise identification of risk factors for property owners and lenders.

Financial Modeling

Using industry-standard financial modeling software, such as ARGUS®, DYNA® and CIRCLE®, we produce accurate and meaningful cash flow projections.

Third Party Reviews

Our analysts carefully review appraisal, environmental, and engineering reports to ensure compliance and to examine all potential property-specific issues.

Financial Testing Procedures

We evaluate the accuracy of various property source documents, such as borrower accounting records and leases, using generally accepted financial testing procedures.

Underwriting Support

We assist CMBS clients in structuring transactions and provide in-depth understanding of real estate markets, property-related issues and potential mitigants.