Journal
Lessons from land, materials, construction, and the closing table, written the way they were learned.
September 28, 2010 · Underwriting
Conducting comprehensive commercial acquisition due diligence on an operating Chevron retail fueling station and convenience store, evaluating multi-pump fueling canopies, environmental underground storage tank compliance, and forecourt civil paving in Inner Loop Houston.
September 28, 2010 · Underwriting
Underwriting physical plant systems, Wyndham franchise PIP liabilities, and capital replacement reserves for a Days Inn along the Interstate 10 corridor in Central Texas.
August 26, 2010 · Underwriting
Reconciling two contiguous Fulton County tax parcels, 120,956 square feet under roof, and prior institutional transfers during acquisition due diligence on an Atlanta airport hotel.
August 16, 2010 · Underwriting
Underwriting physical plant conditions, Choice Hotels PIP requirements, and historical STR RevPAR performance for a Comfort Inn along the US-290 corridor in Northwest Houston.
June 25, 2010 · Underwriting
Conducting commercial land feasibility, TxDOT highway access analysis, and utility district capacity underwriting for master-planned commercial reserves along the US-59 North Houston corridor.
May 14, 2010 · Underwriting
Underwriting physical plant conditions, exterior breezeways, and capital expenditure reserves for a multi-family residential apartment community along a San Antonio transit corridor.
April 12, 2010 · Underwriting
Underwriting forecourt fuel infrastructure, commercial refrigeration walk-in vaults, and environmental compliance for a commercial convenience store and fuel station along the Texas Gulf Coast.
November 19, 2009 · Underwriting
Evaluating physical plant conditions, structural exterior corridor concrete walkways, commercial swimming pool filtration systems, and central MEP plant infrastructure for the 150-room Florida Suites property along the Central Florida tourism corridor.
November 11, 2009 · Underwriting
Underwriting a 2,400 sq ft leased Shamrock convenience store and fueling operation in Austin where triple-net occupancy costs and a fresh jobber contract set the deal economics.
October 6, 2009 · Underwriting
Coordinating lender pre-approval conditions, 20-day title commitments, and TREC financing contingency deadlines on a Houston brokerage transaction.
August 25, 2009 · Underwriting
Engineering commercial petroleum travel plaza civil site plans, underground storage tank setbacks, commercial multi-pump fueling canopy geometry, stormwater retention basins, and heavy vehicle turning radiuses along a Texas transit corridor.
August 10, 2009 · Underwriting
Underwriting an operating Passport Inn & Suites along a Central Texas highway corridor by auditing county property tax appraisals, utility ratios, and physical plant condition.
July 22, 2009 · Underwriting
Auditing neighborhood commercial grocery facilities, inline restaurant dining spaces, standing seam metal awning canopies, and asphalt parking infrastructure in the Lake Houston corridor.
January 15, 2009 · Underwriting
Auditing wholesale rack supply contracts, bulk transport freight margins, and multi-station real estate valuations for a regional Shell petroleum portfolio in South Texas.
December 15, 2008 · Underwriting
Master planning an interstate commercial travel plaza, high-volume fuel canopy, and IMST market feasibility analysis along the North Houston highway corridor.
December 10, 2008 · Underwriting
Underwriting a two-year-old Texas Gulf Coast Texaco station with a 4,000 sq ft rear warehouse, deli counter, diesel backup generator that ran straight through Hurricane Ike, and seller financing.
November 20, 2008 · Underwriting
Auditing underground fuel storage tanks, multi-pump canopy structural integrity, and retail convenience store operations along the North Texas highway corridor.
November 20, 2008 · Underwriting
Reconciling boundary surveys, TxDOT highway right-of-way easements, and underground tank setbacks for an operating Mobil station along a Houston highway corridor.
October 28, 2008 · Underwriting
Underwriting a combined Shell fuel station, convenience store, and multi-tenant retail strip in Southeast Houston by auditing gallonage margins, cooler sales, and NNN tenant leases.
October 8, 2008 · Underwriting
Conducting post-hurricane building envelope forensics, roof membrane assessments, and guestroom PTAC physical plant audits for Travelers Inn along the North Houston highway corridor.
September 18, 2008 · Underwriting
Airport corridor hotels run on volatile transit, airline crew, and distressed-passenger demand. Turning around an underperforming property requires daily flash tracking, strict brand QA punchlists, and direct contract room allocations.
September 18, 2008 · Underwriting
Walking the physical plant, auditing building envelopes, and underwriting franchise conversion capital reserves for an airport corridor hotel near Houston Hobby Airport.
September 15, 2008 · Underwriting
Underwriting the acquisition and Days Inn franchise conversion of a 40-key Interstate 10 roadside hotel by auditing tax receipts, inspecting the building envelope, and pricing the PIP.
September 15, 2008 · Underwriting
Underwriting a combined Texaco fuel station and multi-bay automotive repair center in West Houston, auditing hydraulic lifts, oil-water separators, and fuel equipment.