Market Analysis and Reporting
We offer statistical analysis of the local markets to provide an understanding of where the market has been, where it is now, and where it is going. We incorporate reliable local and national resources of market information and tailor our reporting effort to the subject property type.
Our reports are compiled professionally to provide a detailed picture of current and projected market conditions and to assist in outlining the overall feasibility of a speculative development project. Reports can be customized and packaged to accommodate your brand guidelines for presentation to senior staff, loan committee, a potential prospect, or for investors.
Metrics analyzed can be modified to suit the subject property type, but generally include metro composition, traffic data, employment and education trends, inventory levels, new construction, vacancy rates, rent levels, cap rates, rent comparables, sales comparables, valuation estimates, and capital market trends.
Site Impact Review / Local Impact Analysis
How do traffic flows and commercial zoning impact your lease up rates? How do wetland zoning and protected species affect your ROI? Which tract of land is more lucrative for development after balancing for municipal costs, taxes and fees, zoning requirements and land studies?
The means and methods, operational preferences, and level of oversight vary tremendously between local municipalities as do the impact fees, taxes, and development costs associated with real estate. These variables create risks that can jeopardize your project’s financial success.
We offer due diligence services that identify and detail these factors for the purpose of reducing financial risk at the outset and to establish a more accurate picture of a development project’s financial viability.
Project Concept Development
Construction can be very open ended in terms of design, site layout, building methods, and product selections. Time is always a factor and the process of selecting and vetting building products increases carrying costs. There is a point of diminishing returns, when it is financially more prudent to make any selection than it is to further delay construction, but Owner’s should seek to avoid making decisions under schedule duress.
Few general contractors in Florida can match our experience as Owner / Builder and will not share the same appreciation or comprehensive understanding of these factors. As experts in the Florida market, we can apply our building, site planning, and design experience to help you expedite the project conceptualization phase.
We can quickly assess longevity concerns, installation details, lead time and phasing requirements of specified products, methods, or materials. Partnering early on enables schedule savings on the back end by tailoring the project concept to the local market, eliminating the need for revisions to design or pricing efforts resulting from inappropriate specifications discovered during the bidding process.
Financial Pro-forma Assessment
The culmination of our Development Services Package is a detailed job cost and pro-forma assessment. Information compiled in the market analysis is combined with site development costs determined through the site impact assessment and preliminary job cost estimates based on the initial project concept. This compilation of information allows us to present a comprehensive projection of the developed costs of the project against the operating pro-forma and to determine the financial performance of the developed asset over the ownership life cycle.