Property acquisition occurs only after two separate and independent levels of satisfactory due diligence. The due diligence process includes, but is not limited to: reviewing market comparatives, shopping the competition, pricing reviews, detailed facility examination, confirming proposed revenue and expense structures, environmental analysis and capital expenditure budget review.
Performed by our operating partners, the first level of due diligence is done externally. Our experienced operating partners vet and present investments believed to meet or exceed the Core negotiated incentive structure.
The second level of due diligence is performed internally by Core, in order to independently confirm all assumptions provided by our operating partner.