Abstract both the financial and
non-financial covenants of leases, concisely summarizing
complex issues
Prepare or review cash flow models
Review prior year reconciliations,
accounts receivable and correspondence to ensure accuracy
and consistency with the leases
Prepare estoppels and prorations
Creates an acquisition spread
– knocking down seller-presented cash flow to
accurate levels based upon the information presented
while at the same time identifying upside potential