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IRVINE, CA—Conducting proper due diligence can be a time-consuming process that impacts whether or not a transaction can be finalized. As GlobeSt.com recently reported, Houston-based Situs and Irvine-based GlobeSt.com Thought Leader Auction.com have entered a partnership in which Situs will provide due diligence to Auction.com’s clients for properties on the firm’s commercial real estate platform. We spoke exclusively with Gordon Smith, general manager of Auction.com’s CRE division, about why this partnership makes sense and why streamlining the due diligence process is critical to CRE.

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