Due Diligence

Based in North Little Rock, Arkansas, Richdale Development, LLC was formed in 1994 as a vertically integrated commercial real estate development firm with in-house architectural, construction, and property management. From its inception, Richdale Development has established an enviable track record of successful commercial real estate development and property management, as well as an unsurpassed reputation for its commitment to quality customer service.

Due Diligence

Richardson consults with clients to provide detailed scope-of-work reports and property assessments for all multifamily product types. Our due diligence site teams have the ability to identify short- and long-term risks, including ‘life safety’ assessments, prepare capital expense budgets, coordinate with third party inspectors and prepare thorough reviews of each asset. After each inspection, Richardson provides a comprehensive written report of our findings which expand upon the following major components:

MAJOR COMPONENTS

Lease File Audits
Interior Unit Inspections
Exterior Inspections
Preliminary Capital Improvement
Budgets
Service Contract Reviews (Available Records)
Utility Bill Reviews (Available Records)
Competitive Property Surveys
Report Compilation and Presentation