Multifamily Development Advisory – vancouver real estate

Multifamily Development Advisory

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, diversity of investment strategy can happen by investing into development as a LP (Limited Partner).

But, if the asset holder has enough equity and teamed with a development services provider to advise, investor's are able to develop on their own - without the partnership of a developer.

  • The next step of real estate investing is development. This is where Multifamily Development Advisory comes in. 

MDA is multifamily asset holders' 1st touchpoint with the discussion of re-development. The need for MDA is that the overwhelmingly intimidating environment of multifamily development leaves too many property owners 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 ratio's are the same as when they 1st begun their investment journey and portfolio development.

 

Developing multifamily assets 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 limits of the engagement 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. A similar benefit to a 2nd opinion at every step of the development.

2) When working direct with a developer, 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. Development services can be obtained without giving up ownership as they can work on fees alone.

 

CALL TODAY for your introduction to DEVELOPING YOUR OWN ASSET

 

FOR YOU, YOUR FAMILY, YOUR LEGACY!