Budget & Pro Forma

  • Create project development and construction budget in coordination with the general contractor
  • Create lease up pro forma for owner and bank review
  • Develop deal structure options for review by owner

Equity & Lender Selection

Assist owner with investor relations, including:

  • Investor identification and selection
  • Development of a Private Placement Memorandum (PPM)
  • Manage the investor relations process including signing and acceptance of the investors to the PPM, collection and disbursements of capital contributions and securities reporting requirements

Assist owner with lender selection and management of loan closing functions, including:

  • Financing proposals for lender reviews
  • Lender term sheet comparison, evaluation and selection of lender
  • Insurance certificates
  • Contract consents and agreements
  • Plan/cost review
  • Title insurance
  • Review and provide feedback to owner on closing documents, including the loan agreement, guaranty, promissory note, pledge agreement and deed of trust
  • Financing negotiation

Entitlements & Permitting

  • Engage & supervise Architect
  • Assist Architect in the design of improvements and preparation of plans and specifications
  • Provide input to Architect regarding architectural, structural, mechanical and electrical requirements
  • Engage and supervise the civil, structural, mechanical, electrical and geotechnical engineers, surveyors, environmental testing engineers and food service designers, as necessary
  • Endeavor to assure that the design meets the overall program objectives of owner, consistent with budgeting constraints
  • Provide cost analysis, value engineering and constructability reviews and evaluate design alternatives
  • Negotiate all necessary agreements with public bodies relating to access, traffic, zoning and other necessary design and construction considerations
  • Manage and obtain all permits and approvals and attend all city/county meetings
  • Manage, coordinate and contract for the professional services of surveyors, special consultants and testing laboratories as necessary
  • Prepare project development schedule and construction schedule to include permitting, design, contractor selection and contracting, construction and leasing, occupancy and building start up requirements
  • Review and update project development schedule as necessary
  • Close on the land and loan once the building permit and entitlement process is complete