Financial Due Diligence for Commercial Real Estate: Proven Methods to Detect & Prevent Fraud Don't let bad things happen to your client! A guidebook for due diligence professionals containing methods for examining financial statements related to business and commercial real estate transactions. Included are discussions of "where to look," lenders and risk management, construction lending, mathematical models, financial ratio applications as well as checklists of red flags and warning signs whenever fraudulent activity is suspected.
"Seasoned pro or a newcomer to commercial real estate, you will learn from this book. Newcomers to commercial real estate will learn a lot about the basics. Seasoned pros will learn how Financial Ratios and Mathematical Models, used as forensic tools, reveal deviations that indicate where to look for errors or fraud. These tools can be applied to underwrite projects or to evaluate credit for anchor tenants." - Hal Cook Cook Commercial
"Great explanation of ratios and fraud opportunities. Your material is helpful. Much of the book refers to due diligence a lender would do on a property for a borrower (LTV, DSCR, etc.) Good read!" - Don Zech CDC Commercial
"Very impressive and demonstrates knowledge of both fraud in general but especially about the commercial real estate industry." - Jim Davidson Avant Advisory Group