After Sentry and a real estate management company and/or developer have agreed to participate in the Program, the Sentry Partner initiates its search for properties meeting mutually determined criteria. Once a property is identified, the Sentry Partner conducts an analysis of the property and, if Sentry and our Partner agree that the economics are favorable, the Sentry Partner makes an offer, subject to due diligence.
During the due diligence period, our Partner and Sentry work together to thoroughly understand the physical condition, historical performance, and potential of the property. If we both agree that the purchase should be finalized, a first mortgage commitment is obtained, a special purpose acquisition entity ("SPE") is formed, and the property is purchased.
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Real Estate