SPECIALIZED CRE ADVISORY
Over sixty capabilities.
One engagement at a time.
Project-based commercial real estate expertise, scoped to the immediate issues in front of you. Performed and delivered personally by Gregory J. Laskody.
Book a no-cost 30- to 45-minute call to discuss what you need. Completely confidential. No obligation.
Not every CRE issue requires ongoing oversight ...
Sometimes what is required is expert analysis of one situation and one deliverable, now. HAUTE's Specialized CRE Advisory services gives you access to over thirty years of cross-disciplinary and highly-granular expertise on a project basis, scoped to the need, and priced to the engagement.
Every engagement is fee-only. HAUTE does not sell, originate, broker, or syndicate, and accepts no commissions, referral fees, or transaction-contingent compensation. If your need does not fit the Pre-Decision Review or Litigation Support categories, then it likely fits here.
... but when they do, we have you covered.
Our Ten Areas of Practice
01
Valuation and
Market Analysis
Desktop valuation opinions, income capitalization and sales comparison analysis, cost and development approach analysis, market rent surveys, cap rate and yield rate trends, highest and best use, market cycle positioning, and submarket vacancy and absorption.
02
Underwriting and Financial Analysis
Acquisition, disposition, and recapitalization underwriting, review, critique, and due diligence. Simple to complex custom cash flow model builds and audits in Microsoft Excel©, revenue, expense, and NOI reconstruction, expense ratio analysis, sensitivity analysis, waterfall modeling, yield on cost, and return on equity.
03
Advanced Financial Modeling in Microsoft Excel©
Custom models to meet any need imaginable, and in every land use and property type, and at any time point in the investment holding period. Dynamic amortization schedules with interest-only periods and balloons, draw schedules, preferred return and promote waterfalls, multi-asset portfolio aggregation, capitalized interest, bridge-to-permanent, CMBS stress tests, and audits of client-submitted models. If you need it modeled, we deliver it, and to your exact specs.
04
Capital Structure Advisory
Capital stack review and mapping, senior debt optimization, mezzanine against preferred equity, rescue capital structuring, LTV and DSCR covenant compliance, loan modification analysis, recapitalization modeling, CMBS defeasance and yield maintenance cost analysis.
05
Due Diligence and Asset Review
Due diligence checklists, physical inspection review and gap analysis, environmental and title review with exception flagging, lease abstracts, tenant credit, property management agreements, CAM reconciliations, and insurance adequacy.
06
Asset and Portfolio Surveillance
Portfolio performance dashboards, cash flow variance reports, debt maturity and lease expiration schedules, capital improvement tracking, covenant compliance monitoring, IRR and equity multiple tracking, and disposition timing.
07
Workouts and
Restructuring
Loan workout options, forbearance negotiation preparation, note purchase feasibility, deed-in-lieu and short sale analysis, receivership implications, CMBS special servicer strategy, lender communication strategy, rescue capital sourcing.
08
Market Research
and Feasibility
Market feasibility studies, demand analysis, competitive supply inventory, trade area analysis, demographic and economic base reports, development feasibility, land use and entitlement valuation and feasibility.
09
Specialized and
Tax-Related Advisory
1031 exchange strategy and timelines, Opportunity Zone analysis, cost segregation benefit estimation, sale-leaseback, net against gross lease impact, ground lease structures, condemnation valuation review, portfolio liquidation sequencing.
10
Fractional CRE CFO
Portfolio performance reporting, deal screening, capital structure analysis, underwriting, valuation, cash flow modeling in Microsoft Excel©, and unlimited ongoing customized consultation - but on a retained, part-time basis. You receive over 30 years of dedicated CRE expertise applied to your portfolio every month, and without the $280,000 to $420,000 annual cost of a full-time executive. From $20 million to $200 million in portfolio value.
Who Engages Us?
Portfolio owners with a specialized question outside the scope of a Fractional CFO retainer
Banks and private credit providers requiring desktop loan reviews, asset surveillance, or portfolio underwriting of under- or non-performing debt
Servicers and asset managers needing independent asset-level analysis, inspections, or workout advisory
Attorneys who need CRE analytical support short of expert testimony
CPAs, accountants, and wealth advisors serving clients with real estate holdings
Developers, investors, and syndicators evaluating new markets, feasibility, or highest and best use
Institutional investors requiring agreed-upon procedures, third-party underwriting reviews, or independent portfolio valuations
The Engagement
Each engagement is quoted on a per-project basis according to depth, complexity, client requirements, and delivery timeline.
Fees are flat-rate, hourly, retainer, or a combination, depending on the engagement.
Tell us exactly what you need; we will tell you how long it takes and what it costs.
$3.0B+
In Career Transaction Volume
30+
Years of Specialized Experience
500+
CRE
Career Transcations
3
Full Economic Cycles (1988-2016)
