Expert-Driven. Advisor-aligned. Independence built in.
Urban One’s OCRAIO platform delivers impartial, experienced due diligence for real-asset investment programs -including real estate, infrastructure, and private real-asset vehicles. We evaluate sponsors, structures, and strategies using a transparent, repeatable framework trusted by Broker-Dealers, RIAs, and institutional allocators.
Our Process
Sponsor Diligence
Background checks, track record, and operational integrity.
Program Analysis
Review structure, fees, conflicts, and alignment of interests.
Market & Asset Review
Evaluate strategy, cycle timing, and local fundamentals.
Underwriting & Ratings
Score ethics, structure, and risk using Urban One’s 12-factor model.
Ongoing Monitoring
Maintain Approved / Watchlist shelves and deliver event-driven alerts.
Why It Matters
Our diligence is independent, defensible, and transparent — giving advisors confidence and investors clarity.
Built on decades of real estate expertise, our conclusions are grounded in experience, not influence — completely independent and non-contingent on approval or fundraising.
Urban One is a third‑party diligence and consulting firm; it does not provide investment advice or effect securities transactions.
Need an unbiased review of your next real-asset offering?
Services Offered:
- Background & Key‑Person Reviews – Litigation, regulatory (BrokerCheck/IAPD), UCC/lien, bankruptcy, OFAC/adverse‑media; reference calls and site diligence as appropriate.
- Compliance‑ready packaging – Paperless, comprehensive diligence file (DocuSign‑enabled): RN‑10‑22 workpapers, 506(d)/(e) bad‑actor file & reasonable‑care memo, 10b‑5 verification log, 2210 marketing review checklist, 2111/Reg BI suitability memo, 5123 submission pack, and 3110 supervisory evidence trail.
- Sponsor Investigation – Urban One conducts comprehensive background reviews of sponsors and key principals, including experience, track record, litigation checks, and regulatory filings. We evaluate governance culture, ethics, and alignment of interests to ensure our clients only engage with trustworthy and cycle-tested partners.
- Project Underwriting – We build detailed financial models that test assumptions, returns, leverage levels, and exit strategies under multiple scenarios. Our underwriting integrates both asset-level and portfolio-level sensitivities, helping investors understand true risk-adjusted performance before committing capital.
- Market and Competitive Studies – Urban One performs macro-to-micro market analysis, benchmarking local supply, absorption, rent growth, and comparable sales data. Our research highlights the project’s competitive position within its submarket and identifies both catalysts and headwinds that could affect long-term performance.
- Financial Structure and Waterfall Review – We dissect sponsor fee structures, promotes, preferred returns, and distribution waterfalls to ensure economic fairness and alignment. This review identifies hidden costs or imbalances and allows investors to negotiate terms that properly balance risk and reward.
- Legal and Document Analysis – Our team reviews operating agreements, PPMs, subscription documents, loan terms, and offering materials to verify consistency and transparency. We flag any provisions that may expose investors to excessive liability or limit control and recommend mitigations before closing.
- Capital Stack and Debt Assessment – Urban One evaluates proposed financing structures, including debt terms, leverage ratios, interest-rate exposure, and reserve adequacy. We benchmark these against current market standards to determine whether the project’s capital structure supports or threatens long-term stability
- Physical and Environmental Due Diligence Oversight – We coordinate and interpret third-party reports such as appraisals, environmental site assessments, property condition studies, and construction budgets to ensure the underlying asset matches financial expectations. When issues arise, we quantify the cost and schedule implications for investor decision-making.
- Entitlement and Regulatory Review – Urban One’s development management experience enables precise analysis of zoning, permitting, and entitlement risks. We verify what’s approved, what remains outstanding, and the likelihood of achieving critical approvals on time and within budget.
- Risk and Sensitivity Analysis – Every diligence report includes scenario testing for construction cost overruns, rent volatility, interest-rate shifts, and exit timing. This quantitative analysis equips investors with clear downside and upside cases to support go or no-go decisions with confidence.
- Investment Recommendation and Reporting – We synthesize findings into concise diligence reports with clear recommendations: Approve, Approve with Conditions, or Decline. Each report includes a relative ratings framework comparing the offering to peers. Our transparent scoring and commentary allow investment committees to act decisively, backed by defensible analysis.