For clients who are considering a new real estate development project our Developer Selection Process will ensure you find the most appropriate developer to assist you with the design, construction, and if needed, capital for the project. Whether you plan to own the project yourself and bring in a fee developer to assist with the design and construction, or are looking for a developer to own the project, our highly structured, competitive process will help you to achieve the best qualitative and quantitative solution for your organization.
A typical Developer Selection Process includes the following three steps:
- Step I
Evaluate the Project(s), campuses and market dynamics
Understand objectives
Create marketing plan
- Step II
Prepare a Request for Proposals (RFP)
Contact potential developers
Guide interested parties
- Step III
Complete developer due diligence
Conduct negotiations
Assist with due diligence and signing of a Development Agreement
For a list of recently completed real estate transactions including Developer Selection Processes, click here.
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