February 16, 2025

Top Components Every CRE Offering Memorandum Should Include

Top Components Every CRE Offering Memorandum Should Include

If you’ve ever been handed a thick packet labeled “Offering Memorandum” (often called a CRE Offering Memorandum), you know it can sometimes feel like a mini novel about a commercial real estate investment. But when done right, it doesn’t have to be dry or overwhelming. Think of it as your property’s resume, showcasing the best features and painting a clear, appealing picture for potential investors. Below are the must-have sections every offering memorandum needs, plus a few design tips to keep readers engaged.

1. Executive Summary

What It Is:
This is your elevator pitch. It sums up the property’s unique selling points, financial expectations, and why investors should be excited.

What to Highlight:
• Quick stats on location and property size
• A snapshot of projected returns or cap rate
• One or two compelling reasons the property stands out

Make It Engaging:
Use plain language. Pretend you’re explaining the opportunity to a friend over coffee. One or two paragraphs should pique curiosity and encourage a deeper dive.

2. Property Description

What It Is:
This is the heart and soul of your CRE Offering Memorandum. Investors want the who, what, where, and when of the building or land.

What to Highlight:
• Location details: neighborhood vibe, nearby amenities, major highways
• Building specs: year built, square footage, layout, special features
• Visual aids: floor plans, photos, and maybe a quick property map

Make It Engaging:
Tell a story. Maybe the building has a historic background or modern, energy-efficient upgrades. A quick anecdote can add personality to the space.

3. Market Analysis

What It Is:
A snapshot of the economic and demographic factors influencing the property’s performance.

What to Highlight:
• Local economic drivers: major employers, upcoming developments, average household income
• Rent comps: occupancy rates, lease rates, and other relevant data from similar properties
• Growth trends: new transportation projects, zoning updates, or community initiatives

Make It Engaging:
Charts, graphs, and infographics can bring market data to life. Visual representation often makes numbers more accessible.

4. Financials

What It Is:
This is where you present the numbers. Investors often jump to this section first or second, depending on how compelling your executive summary is.

What to Highlight:
• Historical performance: rental income, net operating income, and expenses
• Pro forma projections: forward-looking assumptions on income, rent growth, and vacancy rates
• Financing details: loan terms, equity splits, or planned refinancing milestones

Make It Engaging:
Be transparent about how you arrived at your assumptions. If you forecast a certain rent increase, offer a short rationale to build trust with investors.

5. Terms and Deal Structure

What It Is:
Clarity on how the deal works. This part sets expectations for pricing, timelines, and profit distribution.

What to Highlight:
• Asking price or equity raise target
• Proposed hold period or exit strategies
• Partnership splits: preferred returns, promote structures, or waterfall distribution models

Make It Engaging:
Keep language straightforward. Jargon can alienate new investors, so aim for clarity over complexity.

Design Tips

• Captivating cover page: A clean, modern cover with a strong property image can grab attention right away.
• Consistent layout and branding: Limit yourself to one or two fonts and a cohesive color palette for a professional look.
• Ample white space: Avoid clutter. Give text and visuals room to breathe for easier reading.
• High-resolution images and infographics: Crisp visuals and data representations help convey professionalism.
• Logical flow: Arrange sections in a way that naturally tells the property’s story, from broad overview to detailed financials.

If you need help combining compelling content with eye-catching design, visit OM Design Agency. You can also browse their portfolio for ideas on how to elevate your offering memorandum presentation.

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Top Components Every CRE Offering Memorandum Should Include

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