Ryan Crowley on due diligence
From CRE Edge: Wealth generation through investments in CRE | Our CEO in conversation with Moneycontrol · · Property Share
“We use a very high quality technical diligence to make sure that the building is high quality that all the lifts are functioning properly that the DGs are working they have enough life left in them the lobbies are well done the floors are very well designed you know the core is in the middle all of those technical aspects and then we also do a very detailed financial diligence to make sure that there's nothing outstanding on the property encumbrances like debt and so on.”
On , Ryan Crowley, Executive Vice President & Chief Investment Officer at HEALTHCARE REALTY TRUST INC, spoke about due diligence during CRE Edge: Wealth generation through investments in CRE | Our CEO in conversation with Moneycontrol on Property Share.
About Ryan Crowley
Ryan Crowley, Executive Vice President and Chief Investment Officer at Healthcare Realty, appeared on the Moneycontrol show "CRE Edge" on September 17, 2024. During the conversation, he stated that the world has already entered a recession, noting that the definition of recession has been satisfied in most of the Western world. He expressed concern about layoffs at major financial institutions like Morgan Stanley and Goldman Sachs in India, saying that if those institutions slow down, demand for commercial real estate in the country would certainly slow down. Crowley described commercial real estate as a hybrid instrument between debt and equity, stating that investors can achieve 8-9% rental yields plus 5-10% annual capital appreciation, resulting in 13-18% unleveraged IRRs. He noted that every lease in India is indexed to inflation. He discussed his previous lobbying work to get REIT regulations in place in India, and praised SEBI as a regulator, saying they have been conservative and introduced the right regulations at the right time. He also mentioned that his company uses an artificial intelligence tool that learns from millions of data points to predict investment outcomes in specific locations.