Multifamily Development Advisory

 

MDA is the 1st touchpoint for multifamily & larger land parcel holders  (20k sf +)  for discussion of re-development viability.

 

 DEVELOP YOUR PROPERTY TO A CONCRETE, RENTAL PURPOSE TOWER.

- (Non-profits and churches are doing it, you can too!)

 

Real estate investing is like any process; experience leads to evolution and insight of the investor. Investors that I work with begin their journey with 2-5 individual assets/doors in their introductory portfolio.

Next step is: transitioning .... those individual assets into smaller multifamily assets; 4-plex, 6-plex, 12, 15, 32 units.

At this point of leveraged equity capacity, diversification of the portfolio allows for  investor to enter into development. 2 options are:

1) as an LP (Limited Partner)

2) develop on their own.

At this point, the asset holder has enough equity and teamed with a development services provider to advise, they do NOT have to sell to a developer. They are able to develop on their own -without the need of a partnership with a developer.

 

This is where Multifamily Development Advisory comes in. 

The profitability substantially changes when a professional development management solution is brought into the equation. 

Leadership, Experience, Accountability, Transparency, Predictability.

Too many property owners are intimidated and left out of the development space.

Simply the thought of building a custom single family home can be a daunting and terrifying thought for those who have never participated. Now add 2x more zero's to the scale of the development; $1M to $100+M, is a stratospheric thought that too many multifamily asset holders resist to even consider. Yet the debt service ratio's are the same as when they 1st begun their investment journey and portfolio development.

(Be part of the solution to our housing crisis in Metro Vancouver!)

 

Developing multifamily assets (mid density and concrete towers) is NOT ONLY for seasoned developers to take-on.

 

Private multifamily property owners can develop as well!

 

A development services company will advise on every step of the development.

- Viability Report
- Pre-construction financing - architects and development modeling
- Municipal re-zoning and approvals
- Construction financing
- General contractor; hire, liaise, oversight, operational accountability
- Property management - lease-up, tenant re-location, asset management post construction
- Asset sale and marketing 

Monthly meetings and authorizing payment schedules can be the extent of the engagement (if desired) that is necessary from property owners. 

 

Non-Profits have been able to develop on their own. So can you!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Why a development services provider?

1) Oversight and accountability. The immense benefit to a 2nd opinion at every step of the development.

2) Development services can be obtained without giving up ownership as they can work on fees alone.

When working direct with a developer only, often ownership of the project will be expected to be negotiated and given/taken. Losing 40-60% ownership of your property and final asset is a substantial cost to consider within a partnership model. 

 

CALL TODAY for your introduction to DEVELOPING YOUR OWN ASSET

 

FOR YOU, YOUR FAMILY, YOUR LEGACY!

 

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