Every real estate deal is different. Timelines shift, budget needs inevitably change and managing finances can end up consuming more time than you anticipated (or more time than you have). Sometimes, the whole strategy shifts:
- That restaurant you were going to build - now it is going to be an office space.
- Tenant A just told you they are moving to a new location. What does that mean for your cash flow assuming their lease is not backfilled for 3 months?
- Originally thought you were going to exit in year 5 - maybe year 3 is not such a crazy idea.
Ultimately though, there is a sameness within each project where the need to understand sources, uses and timeliness of cash – especially as assumptions change – is paramount to both choosing and managing deals. Bristol Reports provides these dynamic solutions.
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