Role of Due Diligence

For commercial due diligence firms, the retrofitting trend opens up exciting opportunities to showcase expertise and add value to clients in the multifamily, apartment complex, and condo sectors.

Here's how:

• Conduct thorough historical and structural assessments to uncover hidden potential and risks
• Navigate complex zoning laws and preservation requirements
• Identify and evaluate potential tax incentives and grants for historical renovation projects
• Assess market demand for unique, historically significant living spaces in the target area
• Provide comprehensive cost-benefit analyses that factor in both short-term renovation expenses and long-term value appreciation

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