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Due Diligence Services

 

Due Diligence

Looking to Purchase or Refinance Golf Course?

Paradigm Golf Group is recognized as the leading technical property and operational due diligence expert in the nation. For the past 20 years, we have been retained by golf course and real estate buyers, sellers, equity providers, lenders and CPA firms who understand that front-end due diligence is the primary key to financial success. During this time, Paradigm has completed more than 100 comprehensive due diligence assignments where all parties in interest have been protected from the pitfalls associated with lack of effective knowledge regarding their golf properties.

Link to this copy: Many of these assignments are derived from Paradigm’s long-term relationships with the few prominent national golf lenders along with local market area banks. This is augmented by the company’s recognition by individual property owners of Paradigm Golf Group as a leader in the industry and from its existing networks, which extend into all areas of the industry including golf industry professionals, trade suppliers, specialty golf property brokers, engineers, architects, land planners, attorneys, appraisers and CPA firms are in regular contact with Paradigm identifying industry events and owners in need of professional assistance.

Property evaluation is a team effort for Paradigm Golf Group. The entire process is executed with the direct supervision and hands-on participation of Michael Abee and Joseph Dahlstrom (Paradigm founding partners). A formal feasibility study is completed following our initial understanding of the general assignment parameters. This is followed immediately by an in depth field due diligence examination by the management team. Paradigm’s ability to quickly address and respond to all aspects of a potential property transaction is enhanced by years of property acquisition and development background. In addition, Paradigm’s facility-level operating and marketing expertise insures identification of trouble areas often missed by those with fee management background only.

Local market demographics, environmental issues, physical property issues, water availability, financial structure and staffing, as well as revenue and expense considerations are taken into account. In addition, the company has developed centralized state-of-the-art management information, budgetary and financial accounting reporting systems for installation in applicable facilities. This uniform software and hardware application provides consistency in management reports and a vehicle for consolidation of operations results. Centralized reporting allows for comparative financial analysis and cash management economies and efficiencies necessary to financial administration of the ownership and investment entity.

The due diligence team evaluates current and historic operating results, completes a comprehensive financial and operational feasibility analysis and assists owners, investors and lenders with negotiations associated with purchases, sales and financing of golf property assets. All candidates must possess a significant potential for net income enhancement from superior operations management, improved utilization and strong demographics in the local market area to support elasticity in golf pricing and play volumes. Paradigm Golf Group has found that these due diligence principles reduce internal and external risk and generate returns in excess of typical expectations. This structure also serves to maintain a track record and reputation for Paradigm Golf Group as a high quality, conservative and credible due diligence resource in order to aid it in establishing excellent long-term relationships.