Bard Consulting is a boutique consulting firm that provides independent, conflict-free, strategic real estate counsel to institutional real estate investors.
We analyze specific real estate investments, review investment managers, assist in transaction negotiations, and ensure investor and manager goals are aligned. Our philosophy is to have strong Principal involvement in every project—both in managing the client relationship and in executing the consulting assignment. In addition, our third-party service providers supply additional focused expertise.
➤ Fees, Performance, and Other Quantitative Measures
Investment fees directly affect net returns and Bard can help minimize their financial impact by negotiating fees to meet client objectives, clarifying fee documentation, and reviewing manager fee calculations. Ensuring fee structures align the interests of LPs and GPs is also an important element of our work.
➤ Portfolio management services
Bard assists in-house institutional investor staff assess, monitor, and restructure complex portfolios: evaluating performance and managers against objectives, assessing new strategies, and managing wind-downs.
➤ INVESTMENT VEHICLE Due diligence
Bard evaluates the strategies, assets, managers, terms, and governance of real estate joint venture and fund vehicles to meet clients’ objectives from the outset of the investment, minimizing the potential for problems at a later date.
➤ REAL ESTATE ASSET due diligence
Bard performs due diligence on real estate assets for all major property types plus land development/homebuilding as well as real estate debt investments.
➤ FIDUCIARY OPINIONS OF RELATED-PARTY TRANSACTIONS
Related-party transactions may be desirable from a limited partner’s perspective, but they can be fraught with conflict and complexity. Bard offers fiduciary opinions regarding the appropriateness of related-party transactions.