Build & Develop

Development requires a different level of financial visibility.

Acquisition → Development → Construction → Stabilization → Sale

• Land acquisition

• Development costs

• Construction accounting

• Project-level profitability

• Capital contributions

• Financing

• Interest

• Carrying costs

• Cost allocation

• Partner economics

• Project disposition

• Tax planning

The important question isn't simply whether the project comes in under budget.

It's whether the project produces the return you expected on the capital you committed after tax.