Process
Milan Capital provides advisory services to owners, many of whom have co-invested with Milan’s principals, through the full asset management cycle, starting before a purchase is made. The most important decision in real estate investing is whether and when to buy an asset. “You make your money on the buy,” as many wise investors say. The process begins with identifying a potential acquisition, continues through underwriting and due diligence, effective negotiations with the seller and potential sources of financing, then culminates with the facilitation of the acquisition through title and escrow.
Procurement
As a result of Milan Capital’s impressive track record of closing nearly 100% of all escrows it enters to purchase properties, commercial brokers, entitlement specialists, title affiliates, lender representatives, and authorities in city and county governments have looked to Milan as no-nonsense buyers who do what they say they will do.
The value of this well-deserved reputation is being “top of list” for brokers and other participants in the real estate markets. When these individuals uncover attractive buying opportunities, they wish to present the property to a buying entity that will quickly express its interest or disinterest depending on return assumptions, then follow through with a valid plan to purchase if the acquisition is approved. The depth and breadth of contacts now thinking about and feeding deals to Milan’s acquisitions department is quite extensive, and this network continues to grow with contacts from the lending and special servicing side of the market.