Exterior of a Donaldson apartment community
Majestic Apartments building exterior
A group of people in business attire looking at a laptop screen

Acquisitions & Due Diligence

Donaldson’s extensive experience in locating, analyzing, acquiring, repositioning, and renovating multi-family assets in the Mid-Atlantic region makes us an ideal partner for finding your next real estate investment opportunity. We work hand-in-hand with our clients to meet the goals and objectives of each client’s unique acquisition strategies. Our acquisitions team prepares–and continuously updates–an extensive underwriting proforma based on the client’s objectives for the targeted asset. Our considerable renovation and repositioning know-how allow us to quickly prepare comprehensive capital improvement plans to assist the client with meeting his or her investment objectives.

Once you are ready to move forward with an investment, we assist with preparing letters of intent for each targeted asset, advise on negotiations with sellers, and support the client’s attorneys during the preparation of purchase and sales contracts. The acquisitions team will also coordinate with mortgage brokers and lenders to develop and propose acquisition financing alternatives and assist our clients in the placement of debt financing, including first trusts, mezzanine financing, and construction financing. We are here to help every step of the way through our:

Due Diligence Services:

  • Unit-by-Unit Property Inspections
  • Lease and File Audits
  • Extensive Market Survey Reporting
  • Analysis of Current Operations, including Rent Roll and Cost Studies
  • Future Replacement Expense Estimates
  • Projections for
    • Gross Potential
    • Vacancy
    • Concessions
    • Bad Debt
    • Operating Expenses
    • Ancillary Income
    • Utility Pass-thru Options
    • Debt Service Requirements
    • and Other Trend Factors

Acquisitions Services:

  • Determine Client’s Goals & Objectives Regarding Acquisitions
  • Formulate an Acquisition Plan through Market Analysis
  • Complete Site Inspections
  • Prepare Preliminary Underwriting Proforma & Asset Rankings
  • Assist Client in Preparing Letters of Intent
  • Advise Client in Negotiations with Seller
  • Assist Client’s Attorney in Preparation of Purchase & Sales Contract
  • Coordinate with Mortgage Brokers on Acquisition Financing Alternatives
  • Assist Client in Placement of Debt Financing
  • Facilitate All Aspects of Deal Closing on Behalf of Client
28.1% IRR
Weighted Average Leveraged IRR
7.1% NOI
10 Year Average Annual Growth Rate
28.1% IRR
Weighted Average Leveraged IRR
7.1% NOI
10 Year Average Annual Growth Rate

Your Partner in Discovering Opportunity

Donaldson has advised clients on the acquisition of roughly $2.25 billion in real estate investment transactions, executed over $400 million in construction and renovation work, and assisted clients in disposing of approximately $2 billion in real property investments. Donaldson has also assumed management of over 40,000 units.

Through our affiliate, Donaldson Capital, LLC, we also participate as investors and operating partners in transactions with selected clients, and act as sponsors in originating proprietary deals. We have employed numerous partnering structures with our clients, and we remain flexible and open to discussing a broad range of investment ideas and structures with clients and potential clients.

Learn how we can help maximize your next real estate investment.

Contact Us