Rook
Institutional Underwriting
Each engagement draws on a tightly integrated bench of capabilities spanning acquisitions diligence, valuation, capital structuring, and ongoing portfolio oversight — across CRE, SFR, industrial, land, and special-purpose assets. Deliverables are built to the diligence threshold of professional capital.
End-to-end deal underwriting across multifamily, commercial, industrial, residential, land, and special-purpose assets — structured for institutional review regardless of deal size. Acquisition models cover sources and uses, stabilized cash flow, debt sizing, sensitivity tables, and closing-cost detail in a single auditable package.
Submarket fundamentals, comparable-sale studies, rental and absorption benchmarks, and demographic intelligence assembled into a defensible market view. Where the deal lives, who it serves, and how it competes.
Independent valuation opinions and Broker Opinions of Value supported by income, sales-comparison, and cost approaches as the asset warrants. Output is structured for institutional review, not retail consumption.
Standalone HBU analyses for land acquisitions, redevelopment plays, and repositioning decisions. Yield-on-cost comparisons across plausible programs, with the documentation and sensitivities a capital partner expects.
Rent-roll diagnostics, lease-rollover schedules, and recurring portfolio performance reviews. Tenant concentration, expense ratios, and distribution coverage tracked at the institutional cadence required for asset-level oversight.
Syndication and private-placement offering memos prepared to institutional standard — opportunity narrative, deal-structure summary, financial exhibits, sponsor track record, and risk disclosure. Drafted for accredited investor audiences and structured to support the sponsor's capital raise.
LP/GP waterfall design, preferred-return architecture, promote tiering, and capital-stack structuring. Every distribution mechanic is modeled, stress-tested, and documented so general partners and limited partners hold the same source of truth.
Debt-side underwriting and lender-ready financing packages across agency, bank, debt-fund, and private-credit sources. Includes sponsor narrative, deal summary, rent roll and T-12 reconstruction, stabilized proforma, sources-and-uses, and the supporting exhibits institutional lenders expect on intake.
Letters of intent drafted to institutional standard — price, terms, contingency periods, deposit structure, and material conditions stated cleanly and unambiguously. Ready for transmission to sellers, brokers, or counterparties without further legal cleanup on first pass.
Confidential review of acquisitions, dispositions, and recapitalizations.
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