Skip to main content Skip to footer
Nicholas Solo | Colliers | Phoenix

Nicholas Solo

Financial Analyst

Call Nicholas
View Less

About

Professional Summary

As the financial analyst for the Cooke Multifamily Team with Colliers, Nicholas Solo analyzes and underwrites each property’s financial performance, breaking down and analyzing the rent roll and trailing 12-month P&L statement to determine valuation.

He collects and reviews property operating data and prepares detailed property analyses for investment evaluation. Nick creates financial models to support and guide acquisition and disposition decisions. He evaluates opportunities to improve the financial performance of assets, such as renovations, expense reduction, operational efficiencies and raising rents. His tailored approach helps maximize investor value.

Through in-depth analysis of sales and rent comps, demographics, and historical financial statements, Nick gauges the feasibility of investments. He also provides support for return on investment decisions, including IRR, cash-on-cash and equity multiple calculations, and stays current on financial markets and financing options.

A consummate professional, Nick is thorough, analytical, detail-oriented, and committed to delivering results with the highest degree accuracy. Nick brings more than five years of multifamily real estate experience, with three years of underwriting and business development and two years of property management.

Prior to Colliers, he served as a business development consultant for Grand Peaks in Bogota, Colombia. Headquartered in Denver, Grand Peaks delivers a comprehensive range of multifamily real estate services. Nick played a key role in establishing Grand Peaks’ first Latin American office in Bogota, as well as developing a local management company named AUNA. He was responsible for day-to-day operations and managing the local team.

As the business development consultant, Nick underwrote and analyzed potential projects, inspected financial documents, and performed physical due diligence and inspection of potential acquisitions. Nick sourced and structured new projects, monitored and analyzed key demographic and economic trends, and compiled weekly and monthly financial and construction reports. The Bogota office built 6,000 square meters of mixed-use for sale condos and structured and implemented a logistics project with more than 25,000 square meters of industrial, office and commercial space.

Nick previously served as an assistant community manager and leasing consultant for Grand Peaks, Greenwood Village in Colorado.

Accomplishments

  • 2020, 2019 - Member of the #2 Top Team, Colliers | Arizona
  • Key role in establishing the first Latin American office for Grand Peaks in Bogota, Colombia

Education

  • Bachelor of Science, Business Administration, Colorado State University

Services

Skills

Financial Analysis

Property Type

Multifamily

My Team

Featured Research

Feb 11, 2021

Q4 2020 Phoenix MSA Multifamily Review

As of YE 2020, the Phoenix MSA continues to be a nation leader in year-over-year rent growth rising 4.7% to $1,284. Occupancy rates continued their upward trajectory, increasing 20 and 50bps over-the-quarter and year respectively to 95.6%. There are 25,252 units under construction throughout Greater Phoenix.
Read More
Dec 4, 2020

2020 Q3 Phoenix MSA Multifamily Review

At end of Q3, the Phoenix MSA continues to be a nation leader in y/y rent growth rising 4.1% to $1,247. Occupancy rates defy expectations and increased 30 bps over-the-year to 95.4% despite delivering a high of 3,567 new units. Investment sales volume increased significantly over-the-quarter rising 238% to $1.2B.
Read More
Dec 3, 2020

2020 Q3 Tucson MSA Multifamily Review

At end of Q3, the Tucson MSA continues to be a nation leader in y/y rent growth rising 4.6% to $954. Occupancy rates continue to increase rising 90 bps over-the-year to 95.6%. Investment sales volume increased significantly over-the-quarter rising 147% to $89.4M.
Read More
View More

Featured News

Jul 13, 2021

Colliers sells MZ Scottsdale for record price

Colliers negotiated the $9.2 million sale of MZ Scottsdale at 7300 E. Minnezona Ave in Scottsdale. Chris Roach, Brad Cooke, Matt Roach & Cindy Cooke represented the seller, MZ2 Partners, LLC.
Read More
May 4, 2021

Colliers sells award winning Tempranillo Apartments

Tempranillo Apartment Homes, a Class A, 64-unit luxury community at 2445 E. Copper Avenue in Clovis, California, sold for $20,342,500, or $317,851 per unit. The property was purchased by Southern California investor Sun Pacific Properties, LLC. Colliers negotiated the sale.
Read More
View More

How can I help you?

* Required Field