Understanding a PPA
Proper allocation of purchase price to intangible and tangible assets reduces the taxable basis subject to transfer tax at closing.
Primary outcomeCreate value
Learn moreResearch Order PPA
Commercial real estate due diligence
A more predictable tax story before you close.
Property tax intelligence protecting your investment, improving cash flow, and creating value from day one.
The difference
Small line item.
Massive impact.
Property taxes can make or break the economics of a commercial real estate acquisition.
We bring clarity to the most overlooked part of due diligence. This helps buyers prevent expensive mistakes, identify immediate savings, and uncover opportunities that compound over the life of the asset.
$1,000ssaved up front
$10,000sprotected in cash flow
$1,000,000sadded to asset value
Due diligence services
Three ways to
protect the deal.
Identifying State vs Federal Standards
Misunderstandings between state and federal standards create problems. We walk your team through the differences and help you avoid relying on advisors who are not qualified.
Primary outcomeUnderstand what matters
Learn moreLearning the Process
When does PTR enter the deal? What information do we need? What should the PSA include? What if the seller wants a conversation? We guide you through it all.
Primary outcomeStrengthen the deal
Learn moreHow it works
Confidence,
built into the deal.
Bring us in early
Engage PTR as you enter due diligence, before tax assumptions become embedded in the deal.
We find the real story
We investigate the property, jurisdiction, purchase structure, and opportunities others miss.
Underwrite with clarity
Your team gets practical answers it can use to negotiate, close, and operate with confidence.
The Advisory Team
Barry Cunningham
Founder & Managing Director
PhD, BCA, MAI. Leads complex purchase price allocations and due diligence strategy for institutional real estate sponsors.
Michael Reynolds
Senior Valuation Advisor
Specializes in tangible and intangible asset valuation, cost segregation, and state-level property tax analysis.
Sarah Lin
Tax Counsel & Compliance
Structures allocation reports for closing-ready delivery and defensible tax positions with counsel and accountants.
The Closing Room
Losing Bids and
Wondering Why?
Set up a call. Then you’ll learn what our clients, the top REITs and private equity firms in the world, are doing to be more competitive.
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