Project and real estate Consulting
Especially in this time of economic uncertainty and constant change, new developments can be difficult to
start or move forward with, or may require strategic repositioning efforts. Real estate development consultants
can help optimize financial investment, and minimize risk.
During project conception and predevelopment, development consultants help with strategy and defining
the project so it aligns with the owner/investor’s goals. This includes tasks such as:
Analyzing feasibility for the highest and best use for the asset or land
Perform in-depth financial underwriting, including a conceptual budget and cash flow pro forma
Procuring financing and debt, and ensuring covenants are met
Identifying and procuring incentive and grant programs
Reviewing property due diligence
Coordinating entitlements and permitting
Planning the scope, phasing, and project delivery method
Managing the bidding process for the project team (such as architects and construction managers)
Operations and asset management planning
Overseeing design and construction
Mitigating risk
Assessing change orders and issues while constantly reconciling with the budget and schedule
Developing a marketing and lease strategy
Closing out the project so items don’t linger after completion