Guaranty Bank
Lender Due Diligence
Various developments along Colorado’s Front Range
This client came to RLS with a need for assistance with valuation due diligence on several projects in its portfolio. While an appraisal can provide raw numbers on the value of a project or development, that appraisal does not take into consideration intangible issues affecting the future development of the project such as utility and infrastructure fees and costs, HOA and metropolitan district concerns and municipal development obligations. Analysis of these items is where RLS came in to assist. By conducting due diligence on properties and developments with development issues, RLS was able to assist Guaranty Bank with a realistic valuation of these properties that takes into account the intangible, but significant, costs of future development on specific projects.
