Real Estate Development Due Diligence Checklist
There are few areas in business where the phrase caveat emptor – “Let the buyer beware” – is more salient than ground-up real estate development. “Due diligence” is the critical process of rigorously investigating a property before closing on an acquisition.
Business Owner Food For Thought: Owning Your Building vs Leasing
Business owners looking to maximize financial leverage and efficiency should take a deeper look at the rent they’re paying for their space. Owning your own building may be more affordable than you realize.
10 Reasons You Should Invest in Multifamily Real Estate
There’s no one-size-fits-all strategy to assembling a successful portfolio, but conventional wisdom says your investments should include some mix of savings, stocks, bonds and real estate. But for many investors – even high net-worth individuals – real estate is often underrepresented.
Redesign Concept: Stanley Place, Riverwest Milwaukee
This redevelopment concept suggests historical rehabilitation and vertical expansion of an abandoned multi-story industrial building along the Milwaukee River into a mixed-use multifamily development with retail-restaurant space and interior garage parking
Rehabilitation Concept: Lindsay Bros Bldg, 5th Ward Milwaukee
This redevelopment concept suggests strategic interior renovations and structural modifications that would revitalize, repurpose and reposition a prominent, historic and underutilized industrial building at the entrance to the Walker’s Point Neighborhood
Rehabilitation Concept: Tramont Manufacturing Bldg, Riverwest
This development concept suggests historical rehabilitation, interior subdivision and other strategic investments in a large — and largely empty — manufacturing building on a prominent property in the Milwaukee Riverworks Industrial Park
Development Concept: River Parkway, Wauwatosa Village
This development concept suggests a public-private partnership to rezone an underutilized City-owned property, incentivize targeted private investments, expand popular recreational amenities, repair neighborhood connections and generate new public revenue
Development Concept: Catalano Square, 3rd Ward Milwaukee
This development concept suggests supplementing a previously downsized two-story office building and surface parking proposal with a lineup of luxury row houses and a subgrade parking level that would, in turn, support an additional office floor
Q&A of the Week - 11/11/2021
In our “3D/D/C Question of the Week” blog series, we post one question every week related to each of our consulting areas: Development, Design and Construction. In this post, we discuss the what, when, why and how of federal and state historic rehabilitation tax credits — what credits are available, the design and construction standards that must be met to obtain those credits, and how a building owner or developer can monetize HTCs to finance their project.
Redesign Concept: Life Corporation Building, Milwaukee
This redevelopment concept explores the unique potential of the existing building and site to experiment with a construction type that has not yet been attempted in Milwaukee — the adaptive reuse of steel shipping containers for multifamily construction
Q&A of the Week - 06/09/2021
In our “3D/D/C Question of the Week” blog series, we post one question every week related to each of our consulting areas: Development, Design and Construction. In this post, we discuss the what and why of sale-leaseback, designing for facility management, and inviting the right general contractors and/or construction managers to bid your project.
Development Concept: South Bay Street Corridor, Bay View
This development concept suggests improvements to the Bay Street Corridor and the strategic disposition of public parcels as a means to fund those improvements, nurture growing local firms and incentivize targeted catalytic private investment
Development Concept: American Family Field, Milwaukee
This development concept proposes the construction of a stand-alone structure in the outfield plaza of American Family Field that would house unique, year-round, revenue-producing facilities and services benefitting both the Brewers and the local community
Q&A of the Week - 04/21/2021
In our “3D/D/C Question of the Week” blog series, we post one question every week related to each of our consulting areas: Development, Design and Construction. In this post, we discuss the what and why of sale-leaseback, designing for facility management, and inviting the right general contractors and/or construction managers to bid your project.
Q&A of the Week - 03/09/2021
In our “3D/D/C Question of the Week” blog series, we post one question every week related to each of our consulting areas: Development, Design and Construction. In this post, we discuss developing with exit strategies in mind, design trends accelerated by the COVID-19 pandemic, and blending the Design-Build and Design-Bid-Build project delivery models.
The 5 Most Common Construction Project Delivery Methods
“It is not an overstatement to say that the wrong team structure will make your entire design and construction process more difficult, stressful, costly and time consuming – and much less likely to achieve your objectives.”
Lender Client FAQ: “Do you / Have you / Would you…?”
“For a business owner, hearing a potential client say, ‘Wow! I didn’t realize you did that!’ is both exciting and frustrating. Exciting because you’ve connected in a new way. But also frustrating because you’ve obviously not communicated your business plan, experience and capabilities as well as you thought.”
Questions to Ask When Selecting a Project Delivery Method
“We can’t say there won’t be challenges over the course of your project – there almost always are, despite our best plans and efforts – but structuring the team in the most effective way, and making sure that model is properly implemented, will provide the best opportunity for success.”
Development Concept: Gallun / River House Phase II, Milwaukee
This development concept suggests modifying Phase II of the River House Development in response to oversaturation of the proposed product type in the local market and to take advantage of the unique potential for the property to support a higher-margin rental product