We’d all like to believe that everyone involved in a commercial real estate is being truthful. Of course, their shoes are shined, they’ve got a nice watch, and chances are, they’re driving an expensive car. Granted, it’s probably leased.

In reality, not just stupidity but scumbags too, are indifferent to color, creed and religion. Every group and I mean every group has its sordid bunch. They’ll straight out lie to your face and smile while doing it!

However, you’re careful and…

A guidebook for due diligence professionals of methods for examining financial statements related to commercial real estate transactions. Included are discussions of “where to look,” lenders and risk management, construction lending, mathematical models, financial ratio applications as well as checklists of red flags and warning signs whenever fraudulent activity is suspected.…