Parking Advisors supports office, retail, multi-family, and mixed-use real estate investors during the acquisition and diligence process. The parking component of many real estate assets can be 15% and 25% of the total value of a real estate asset. Therefore, it is critical to build a comprehensive understanding of past parking cash flows and risks to future parking cash flows.
Acquisition Analysis
Parking Advisors' acquisition analysis validates a parking asset's cash flow, evaluates the operations and provides value-add opportunities to enhance financial performance post-closing.
Parking Acquisition Consulting Services
Parking Advisors’ Acquisition Process
Our rigorous acquisition process is trusted by the industry’s top real estate investors. Our goal is to ensure the parking diligence process is as detailed and meticulous as your diligence process for the rest of the asset.
Validate In Place Cash Flow
Parking Advisors analyzes the parking asset’s historical financial statements, billing reports and parking system reports to build a comprehensive understanding of past performance and in place revenue and expenses.
Identify Value Add Opportunities
Parking Advisors identifies upside opportunities that increase income including opportunities to increase rates, improve revenue control, lower expenses and optimize occupancy.
Verify Parking Space Counts
During our site visit, we count all of the parking spaces and categorize them by type and location. We also identify spaces that are unusable to calculate an accurate parking space count.
Develop an 11-Year Cash Flow Model
Using our proprietary parking model, Parking Advisors generates a detailed, 11-year cash flow model which includes detailed, line-by-line assumptions.
Conduct a Market Survey
Parking Advisors conducts a market analysis that evaluates competitive parking rates, analyzes submarket occupancy and estimates the impact of future developments.
Evaluate Critical Capital Items
Parking Advisors evaluates key parking capital items including the parking technology, signage and electric vehicle charging stations.
Our Acquisition Work
Parking Advisors' team has supported the diligence process for assets located in every major U.S. market.