We provide asset redevelopment planning services to include:
Full physical plant pre-acquisition or post-acquisition due diligence
Underwriting interior and or exterior renovations costs
Building and refining specifications that are optimized for the resident demographic, client, and investor
Developing standardization in material finishes that fit with our client's corporate brand
Determining the best installation execution strategy based on the dynamics and purchase economics
Competitively price the unit renovations by floor plan and exterior renovations by component
Engage in material pricing competition to ensure the best pricing
Develop optimal execution timing schedules
Storm/Fire Loss Restoration
We hope to never experience a catastrophic loss. However, should the need arise we provide support for our clients that allows them to focus their energy on regular business strategies without the distraction of managing asset restoration. Our team of experienced physical loss management experts will coordinate all loss recovery through insurance carriers and internal risk management officers. Further, we are able to administer the entire physical asset restoration process.
Process & Policy Development & Integration
We refine industry leading construction management processes to work with, enhance, and respect the client’s business plan. Further, we refine and apply industry leading construction management policy to integrate with our client's existing operational policies. Construction management policies are optimized to support the business strategy specific to a singular asset redevelopment/restoration or a global corporate business plan.
Due diligence
Defining the optimal Scope of Work (interior and exterior)
Storm/Fire loss define and manage renovation scope
Budget planning
Asset Improvement execution timing (GANT)
Competitive Bid generation
Contract generation
Physical improvement management and inspection
Construction draw processing
Funding compliance and/or reimbursement
Contract close-out
Redevelopment Budget Development & Management
We build and support client specific physical plant budgets and tracking models that will report to owners, managers, and investors the plan and status of ongoing asset improvements (interior and exterior).
We have resources that can be deployed to manage the construction of a full interior and/or exterior asset renovation. These individuals are keenly active in the systems, planning, processes, and reporting.
Alternatively, we are happy to provide peer oversight.
We have an extensive pool of General and Sub-Contractors who can be deployed to the benefit of our clients.
The client specific models we build report where we can easily and effectively see where the renovations are either on plan or creeping off schedule (cost or time) – in real time.
Related to interior renovations - This allows us to assess the ROI on a unit by unit basis or summarize to a full project or even portfolio overview, where course correction can be made quickly and for the right reasons.
Client Integration
Through the DRS process of planning and redeveloping, our clients become part of our network. The suppliers, contractors, designers, and the purchasing power from our network, expands our clients' future presence in the industry.
Training. Speaking. Mentoring.
For the benefit of our clients, Zachary Maggart will travel to you to share his 30 years of acquired expertise to:
Train policies, processes, and systems to our client groups.
Speak on:
industry trends.
the pitfalls of renovating occupied assets.
the best practices to follow for successful redevelopment, renovation, or physical maintenance plan execution.
Mentor construction management resources within our client organizations.