We run every distressed acquisition on a 90-day clock.

We run every distressed acquisition on a 90-day clock. Here’s what that actually looks like.

Days 1–30: triage. Walk every unit, occupied or not. Audit every lease against what’s actually in the files. Secure the vacants. Figure out which of the staff who stayed are with you.

Days 31–60: stabilize. We’re laser focused on the easiest unit turns first — they’re accretive and they generate cash flow the fastest. Alongside that: collections, deferred maintenance, getting the property safe and leasable again.

Days 61–90: build the real operating plan — the one the underwriting assumed was already there.

The pattern after 20 years: the deals that fail are the ones where the first 90 days were “we’ll figure it out.”

What’s on your day-one checklist?

Originally published on LinkedIn.

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