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Due Diligence in Commercial Real Estate: Everything You Need to Know
After months of pursuing a commercial real estate property, it’s thrilling to finally be selected as the winning purchaser. However, the celebration is usually short-lived, as then the real work begins. The buyer now has a short period of time—usually 30 to 60 days—to uncover any unexpected issues with the property that may potentially yield post-acquisition surprises. Read on to learn about the 5 steps to take when conducting due diligence in commercial real estate.