There is only so much about boxing (or any skill) that you can learn from reading a book. Experience matters.
We have been on the front lines – from major urban centers, to emerging markets, to conflict zones.
We are quiet professionals who enjoy getting our boots dirty.
By simplifying critical and complicated real estate issues, our clients can better quantify their investment risks. Whether a value-add or truly opportunistic strategy, what you don’t know can hurt you.
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The construction industry in the US alone is still almost 1,000,000 people short of 2006 employment levels.
Fewer people doing more work?
According to a recent Associated General Contractors of America (AGCA) survey, 86% of contractors are having trouble filling salaried and hourly positions. Over half of the salaried positions include project managers and supervisors.
Who is watching the fewer people work?
McGraw Hill reported 80% of Owners expect design mistakes — yes, mistakes — to add 5% of additional costs to their projects.
With almost $239B in “dry powder” sitting on the sidelines, the private equity real estate industry faces increased competition and difficulty sourcing alternative investments, not to mention possibly billions of dollars in excess costs.
Gain the edge on your competitors, make your money go farther.
How can you obtain years of practical experience, knowledge, and strategic insight to help you to make better real estate investments decisions overnight?
We are a force multiplier for you.
We will help you with:
- Capital Planning
- Underwriting/ Due Diligence
- Risk Mitigation/ Claims Consulting
- Value Add Programming/ Major Renovations
- Design and Construction Advisory
- Project Monitoring
- Portfolio Oversight, and more.
If you’ve never heard of The Market for Lemons or George Akerlof and you’re investing in commercial real estate, we should talk.
In a world of increasing complexity and mountains of data, it is difficult to separate the signal from the noise.
With diverse experience across multiple asset types in commercial real estate, we help LP investors uncover deferred maintenance that no one is talking about.
Backed by real data and our experience executing and overseeing capital work across the globe, you can negotiate from a position of strength and understanding when buying new assets.
Do you know the top areas of concern by asset type when it comes to deferred maintenance and capital improvements?
If you are talking to property managers, leasing brokers, internal and external attorneys, title companies, supervisors, and internal support staff, span of control can become a challenge with so many “inputs.”
Do you want to spend your time talking to construction managers, architects, engineers, contractors, consultants, or building engineers?
Better yet, is that how you should spend your time? Remember, there are only 1,440 minutes in a day.
We help investors analyze savings opportunities and increase returns by improving the speed and precision of execution, keeping partners accountable, and uncovering the right answers that seem impossible to find.
Through our diverse experience in planning, design, and construction, we help you improve the performance of your local partners who manage the day-to-day.
Want to know how to anticipate risks related to project delays and cost overruns?
— John Maynard Keynes
The more we as humans build, the better we should be at budgeting and scheduling, right? Planning fallacies, or optimism biases, indicate that most people underestimate the time and cost to complete a task.
Even we are not immune to this type of behavior — occasionally.
As Bent Flyvbjerg reports, the projects that get built are not “necessarily the best ones, but those projects for which proponents best succeed in conjuring a fantasy world of underestimated costs, overestimated revenues, undervalued environmental impacts, and overvalued regional development benefits.”
No matter the industry, true professionals are always trying to improve their craft. We help some of the best investment professionals in the world enhance performance by improving technical oversight, monitoring, and reporting on their developments.
Instead of re-actively trying to put out fires, we create the space to think about a project’s greatest risk and proactively develop solutions.
The process is usually the easy part: Plan. Design. Build.
People, unreasonable time constraints, limited resources, and lack of quality oversight are among a few of the challenges that make development difficult.
Learn how good questions and better systems can improve your investment in new developments.