MKS Consulting:
Property Consulting
Done Right
MKS: Professional Service
We have inspected over 5,000 performing and distressed commercial real estate assets, etc. Whether you need stealth or standard property inspections; full-service property inspections or drive-by inspections, we have solutions to fit your needs.
Due Diligence
Experienced in both CMBS and non-CMBS underwriting for both performing and non-performing commercial real estate assets. We have performed over 5,000 inspections and provided accurate reports within the time frame required by the lender.
Property Inspections
We have inspected over 5,000 commercial properties of all types throughout the United States. We can quickly assess deferred maintenance issues, providing solutions that preserve and drive value.
Fannie Mae/Freddie Mac Certified
Having performed over 2,000 Fannie Mae/Freddie Mac inspections over the last 15 years gives us the knowledge and experience to provide comprehensive and accurate reports within the specific timeframe required by the Master Servicer or Special Servicer.
Special Projects
Needing help with a special request? We can help bridge the gap. We have assisted clients in underwriting distressed portfolios, note sales, stealth inspections, annual reviews, and value add projects.
Property Types
– Multi-family Apartment Buildings
- Student Housing
– Manufactured Housing Communities
– Storage Facilities – Exterior and Interior Storage Facilities, Discount/Full Service
– Office Buildings, Single Tenant, Multi-tenant, Office Parks
– Single Tenant Retail
– Large Regional Malls and Shopping Centers
– Industrial Properties
– Flex Office Properties
– R&D Facilities
– Healthcare Facilities
- Regional Hospitals
– Medical Facilities
– Hospitality – Resort/Luxury, Full Service, Select Service, Limited Service, Extended Stay, Economy
– Mixed Use – Office/Retail/Flex
– Land – Development, Residential
About Us
We Are Here to Help!
Since 2009, our consulting services have assisted lenders by evaluating management shortcomings and analyzing rent rates against current market conditions. Our assessments include thorough documentation, such as visual records, financial records, and rent roll summaries. We also conduct strategic discussions with property management, using focused inquiries to identify potential hidden issues and provide a complete property overview. This analysis of management input allows us to determine their property management style: proactive, reactive, or complacent.
Services
– Management Interviews
– Evaluate Current Market Conditions
– Rental Rate Review
Scope Of Service
This service details an analysis of management roles and a comparison of rental rates to prevailing market conditions. The scope includes:
- Project Introduction
- Objective Summary
- Occupancy Analysis (relative to market)
- Management Role Clarification
– Document Collection and Management: Through the use of online collaborative workspace arrangements with our clients
– Collateral and Market Intelligence Review: Broker interviews, market contacts, industry contacts
– Rent Roll Analysis: Identifying timing and percentage of rollover, potential interruptions in cash flow, break-even occupancy
– Market Review: Establish market rental rates, concessions, expenses, TI’s, LC’s, absorption rates, and general overall conditions
– Conducting broker Interviews/market contact interviews/property management interviews, as needed
– Property management review and documentation audit
– Executive Summary summarizing conclusions and recommendations