Acquisition Reporting & Management
TMC is exceptionally experienced and a great solution for corporations and their CRE departments when an acquisition takes place.
You know the experience if your company expands by acquisition. A call comes from a business unit, a Senior VP, the CEO, a financial analyst, or the corporate attorney. “We need some info.” That’s how the conversation starts. Sometimes the call comes well in advance of an acquisition. Sometimes it comes after the announcement is made. Whenever you learn of it a huge due diligence assignment follows.
If you are a corporate real estate executive and have experienced this, you know the problems and the opportunities. First off it expands your role and service to the corporation. It’s a chance to have a set targeted assignment that you can accomplish. It requires time, process, and tact. But the problem is your staff is already stretched. Enter TMC.
We have done this. We have done it a lot. Just as it’s a temporary assignment for a corporate real estate department, we also look at it as a temporary assignment for us. We don’t need transactions with the acquired company to be successful. But if you choose to pay for the results with commission opportunities, our experience in transaction management is 60 years long and global.
Here’s a sample of some of the processes we will complete for you:
- Create contact list.
- Immediate collection of all relevant transaction documents and floor/space plans.
- Integrate all factual data into corporate database or a temporary database.
- Develop spreadsheets of portfolio information so as to reconcile with accounting and finance.
- Merge headcount into spreadsheets to create metrics on use and cost per person.
- Analyze restoration costs for consistency with FASB reporting standards.
- Notify landlords of acquisition and verify all existing lease information with landlords.
- Site visit to develop inventory list, property management issues, and other CRE requirements.
- Develop market reports and site analysis for CRE.
- Assist in development of restack planning.
- Complete tenant representation transactions as necessary.
Having a service available to you that will start the job the minute we hang up the phone empowers you to complete all your roles successfully. Knowing that we are principals makes hiring us the most economic solution for you. Knowing that we are not obligated to a large overhead, transaction hungry brokerage means TMC is more aligned with your needs. Most importantly, handling this assignment quickly and efficiently and with tact will probably make that acquisition call to you less challenging!
We’ve done it! We’ve done it successfully. Call us before the call comes to you.
