Real Estate Project Management Services

We build teams to efficiently take you from
concept to construction

We Have What it Takes

You own undeveloped land but what is its real value? How do you find that out?
Every property is unique.

Real estate development today involves a consistent process that will inevitably include many professionals who will assist in designing, developing, permitting, and ultimately constructing a community. Along with that is a step-by-step process focused on an attractive design that must be unique to maximize its value.
To be successful, this process must be approached from a turnkey standpoint, meaning that the most successful projects are managed by someone with an understanding of all these processes, how they relate, and how they merge into one cohesive project.

It Takes a TEAM

It takes a professional to expertly take land development from concept to construction.
Our experience includes:

Active in every phase of land development since 1986.
Completed real estate development projects in excess of $70 million.
Founded SPL Development Group in 2001.
Managed the development of numerous locally supported affordable housing Communities including Massachusetts Chapter 40B projects.

PRACTICE AREAS

It Takes a PROCESS

What are the steps involved in taking undeveloped land through the entire process, culminating in a financially successful and attractive real estate development?

Every property is unique and therefore information is needed regarding the many characteristics that will affect its development potential.

1. Construction Analysis

The only way to maximize the successful financial outcome of any project is to completely understand all the various hard and soft costs that comprise a total development budget. Only then can a revenue forecast be arrived at to determine the financial viability of the development.
This includes pro-forma budgeting and analysis.

2. Permit Procurement

The actual construction of a community cannot begin until all of the required local, state, and federal permits have been obtained and all applicable appeal periods have expired.
Among these are the following:

Site plan approval
Subdivision approval
Municipal connection permits (water, sewer, gas, electric, CATV)
Wetland Permits (NOI, FEMA)
Federal environmental permits (NPPDES)
State Permits -where required,- utilities and street access permits

3. Design Analysis

Arguably one of the most critical design components is the unit design itself. The project architect is crucial to the process and in designing homes that meet the objective of the overall development proposal.
This includes the following:

Site Plans
Unit Designs
Renderings
Three-Dimensional models
Consideration of the current market and future housing needs
How does one build a "better mousetrap" than that of the competition?
How do the aesthetics of the overall community compete in the market?

4. Marketing Management

The pre-sales process, advanced marketing, model unit design, and all of the facets associated with the actual sales process are crucial to the project getting off to a good start and a robust sales pace.
The critical components of this process are as follows:

On-site sales teams
Pricing models and competitive analyses
Absorption and sales pace
Weekly marketing meetings and complete tracking of all leads
Real-time tracking of pending sales

5. Construction Management

The collaboration between the sales team and on-site construction trades and supervision is vital so that the job runs according to a strict schedule and that buyers' expectations are met or exceeded throughout construction and into sales and occupancy.
This process includes:

On-site sales teams
Pricing models and competitive analyses
Absorption and sales pace
Weekly marketing meetings and complete tracking of all leads
Real-time tracking of pending sales

It Takes

We build teams to efficiently take you from concept to construction

CONTACT

CONTACT Monrovia LLLC.

Steven Paquette

603-582-0151
spaquette@splllc.com