COMMERCIAL ACQUISITION UNDERWRITING
Every Number Tested Before You Commit.
Commercial Acquisition Underwriting Built Around Your Hold.
Commercial acquisition underwriting at Mundial Capital starts with your objective and hold period. The same building can be a sound purchase for one buyer and the wrong one for another. Every figure in a seller's offering is tested against documents, the market, and the property itself.
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The result is a clear view of basis, income, and risk before a letter of intent is signed. Pricing then reflects documented results rather than marketing projections.
Income and Leases
We rebuild income from the rent roll, leases, and operating statements rather than the seller's summary. Lease expirations, renewal options, tenant credit, and expense recoveries are reviewed for what the income will actually be over your hold.
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Basis and Value
The asking price is tested against comparable sales, replacement cost, and income-based value. You see what you are paying per square foot, per unit, or per acre, and how it compares with the market.
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Condition and Environment
Building systems, deferred maintenance, capital needs, zoning, and environmental reports are reviewed with your inspectors and consultants. Known costs are priced in before contract rather than discovered after.
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Debt and Hold-Period Performance
Cash flow is modeled on realistic loan terms. Sensitivity tests show how changes in rents, vacancy, or interest rates affect results over your intended hold. Our debt advisory practice adds current lender feedback on likely terms.
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OUR COMMITMENTS TO BUYERS
Documents, Before Assumptions
Risks, Stated Plainly
Independence, By Design
Every figure we rely on is traced to a lease, a statement, or a report.
Each review names what could go wrong, not only what could go right.
We hold no proprietary investments, so our view reflects your interests alone.