Real Estate Core Processes

for the Buyer/Tenant

Step 1

Personal Meeting

  • Here we will gather information from you as the buyer/tenant. We want to listen to the goals you have in buying or leasing your new space. We will do a thorough needs analysis including an assessment of each location as well as a comprehensive demographic report.
Step 2

Research the Market

  • After thoroughly researching the market, we will put together multiple options for you as the buyer/tenant to visit each property and “walk through” them.
Step 3

Tour the Property

  • In order to be efficient with your time, we will schedule time to visit multiple properties. Through this process we will evaluate each property’s current condition of the building and parking lot, eliminate properties that aren’t preferable, and refine your choices to fit your needs. This will allow us to get narrowed down to the top 2 or 3 options.
Step 4

Letter of Intent Negotiations

  • We will work with you and the seller/landlord to negotiate the absolute best terms for the purchase/lease of the property. For purchases, we will work through purchase price and length of due diligence. For leases, we will address things such as free rent, tenant improvements, and annual rent escalators.
Step 5

Final Offer

  • If you are a buyer, we will construct a purchase agreement that reflects our agreed upon terms in the Letter of Intent. If you are a lessee, we will request a lease that reflects the agreed upon terms in the Letter of Intent.
Step 6

Due Diligence

  • It is our desire that your purchase or lease is a great fit for your goals. In a purchase, we will walk you through a building inspection, the necessary survey, and an environmental survey, if required. We will also work with you and your lender to make sure your financing is in order to make the purchase on the closing date. In a lease, we work with your design team, builder, equipment specialist, and architect to make sure you’re ready for the buildout. KLAS Solutions works very closely with healthcare specific attorneys to read the language of the Purchase Agreement or negotiate the legal terms in the Lease Agreement to make sure everything is understood and in order.
Step 7

Sign and Close

  • At a purchase closing, the money will be transferred from your bank through a wire transfer to the seller. At his point, the building changes hands to you are now a commercial real estate owner! At a lease signing, you sign the lease, and the space is now your new office! For both purchase and lease, once you sign, you’re off to the races with the build-out process of your new facility.
Klas Fav
Step 2

Research the Market

  • After thoroughly researching the market, we will put together multiple options for you as the buyer/tenant to visit each property and “walk through” them.
Step 4

Letter of Intent Negotiations

  • We will work with you and the seller/landlord to negotiate the absolute best terms for the purchase/lease of the property. For purchases, we will work through purchase price and length of due diligence. For leases, we will address things such as free rent, tenant improvements, and annual rent escalators.
Step 6

Due Diligence

  • It is our desire that your purchase or lease is a great fit for your goals. In a purchase, we will walk you through a building inspection, the necessary survey, and an environmental survey, if required. We will also work with you and your lender to make sure your financing is in order to make the purchase on the closing date. In a lease, we work with your design team, builder, equipment specialist, and architect to make sure you’re ready for the buildout. KLAS Solutions works very closely with healthcare specific attorneys to read the language of the Purchase Agreement or negotiate the legal terms in the Lease Agreement to make sure everything is understood and in order.

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