The Process
How we go about converting these tremendous open space assets to higher yield developments
Step 1
Property Identification & Research
Extensive Brokerage Network to identify properties
Initial Identification and research
Preliminary entitlement and planning research
Initial acquisition discussion with subject owners
Secondary entitlement and planning research
Initial pro forma analysis and forecast
Step 2
Property negotiation, LOI, and initial planning
Negotiation for letter of intent / preliminary agreement
Formal “Under Contract” phase
Final due diligence research and inspection period
Land planning and specific improvements program
Program costing and analysis of improvements & yields
Initial entitlement process with agencies and neighbors
Step 3
Acquisition, final planning & implementation
Final contingency planning with multiple outcomes
Acquisition contract, financing and terms
Final entitlement and planning process
Interim operations, staffing, & conversion to profitability
Project financing and start-up phase
Start-up and phase I construction
