Transaction Process and Timeline

Initial Meeting with Operator

  • Establish transaction goals

Valuation Period (10-14 days)

  • In conjunction with strategic partner CB Richard Ellis, First Beverage analyzes market data and recent sales comps to determine market value of property
  • Purchase Offer submitted to operator

Purchase Agreement (14-21 days)

  • Operator and First Beverage execute final Purchase Agreement and Lease

Escrow Period / Closing (30-60 days)

  • First Beverage performs standard third-party due diligence reports
  • Closing typically occurs 30-60 days after executing Purchase Agreement

Total Transaction Time: 54-95 days