Fund of Funds Daily

FOFD016 - Deal Approval Checklist: The 60-Minute Go/No-Go


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What’s inside:

  • First-touch request: 5 must-haves in one email (deck, rent roll, T‑12, debt terms, CapEx plan)
  • 10-minute sanity check: debt durability, rent story, expense reality, exit math
  • Auto-kill red flags: uncapped floaters, fantasy rent lifts/exit caps, thin PM bench, fee‑deferral “skin,” CapEx that doesn’t move NOI
  • Decision review: one-page scorecard (thesis, top risks + mitigations, debt profile/DSCR sensitivities, 180‑day milestones)
  • Rapid escalation ladder: green (data room), yellow (3 docs + 30‑min call), red (professional pass)
  • LP communication setup: pre‑commit note, update rhythm (M1, M2, then quarterly with KPIs), bad‑news protocol

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Fund of Funds DailyBy Fund of Funds Daily