About Counter Balance

Our Purpose

We offer a variety of commercial real estate investments from triple net lease assets to value add buildings so our clients can enjoy a diverse portfolio based on their risk appetite and tolerance. 

 

Our Investments

Counter Balance offers two types of investment properties:

  • Triple Net Lease Assets

  • Value Add Commercial Buildings 

Typical Triple Net (NNN) Acquisition Process

  1. Identify client's investment criteria

  2. Locate property that matches investment criteria

  3. Obtain client approval of property

  4. Determine ownership structure

  5. Submit a "Letter of Intent" (LOI) to listing broker

  6. If LOI is accepted proceed to written contract (PSA = Purchase Sale Agreement)

  7. Physical inspection of property by Counter Balance, LLC

  8. Transfer earnest money deposit to escrow company

  9. Complete all due diligence review

  10. If due diligence review is approved proceed to closing

  11. If due diligence review is approved;  investor funds must be in place prior to due diligence acceptance

  12. If due diligence review fails approval, terminate PSA and request earnest money refund

  13. Formation of ownership structure

  14. Closing

Typical Value Add Acquisition Process

 

  1. Identify a good "value add investment"- this is an asset that is priced low on a per square foot basis, has low occupancy, and is distressed (physically, or financially, or both). Typically, buildings are close to 100% vacant upon purchase. 

  2. Obtain client approval of property based on Step 1. 

  3. Determine ownership structure & create paperwork for the ownership group- typically this is done in an LLC with a group of people. LLC means limited liability company. 

  4. Submit an offer on the building, once accepted, due diligence will commence. 

  5. Physical and financial  inspection of property by Counter Balance, LLC

  6. Proforma created based on the lease-up of the property to ensure the return will meet the investor expectations done by Counter Balance, LLC. 

  7. Transfer earnest money deposit to escrow company

  8. Complete all due diligence review including the physical plant inspection, financial inspection, and proforma for the asset. 

  9. If due diligence review is approved proceed to closing

  10. If due diligence review is approved;  investor funds must be in place prior to due diligence acceptance

  11. If due diligence review fails approval, terminate the purchase agreement and request earnest money refund

  12. Close

  13. Start renovating the property immediately(typically same day as the closing) and reposition the building for new Tenants. If there are existing leases in place, re-neogiate the leases to match lease form being used for the building. 

  14. Market the building for new Tenants. 

  15. Typically the time from accepted purchase offer to closing is 30 days or less. To achieve the lowest basis possible, usually offers are done with a quick time frame to entice the Seller for better pricing. 
    16. Returns vary based on the building and risk at time of purchase. Typically the first distribution is 12-18 months from time of closing. 

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© 2017 Counter Balance

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