DEVELOPMENT PHASES

Development Phases

  • PHASE 1  – Research/Real Estate Property Acquisition/Development protocol review
  • PHASE 2  – Design/Architecture/Layout & Floorplans
  • PHASE 3  – Offering Plan Preparation with Outside Counsel
  • PHASE 4  – Fiscal detail 
    • Schedule A (unit/costs)
    • Schedule B (expected expenses, common charge, fees)
    • Property Management fees
    • Mortgage/Financing
    • Unit Warehousing (for rental to condo conversion)
  • PHASE 5  – Construction, Project Management
  • PHASE 6  – Marketing Strategies, Interior Design/Model Unit
  • PHASE 7  – Sales & Marketing
  • PHASE 8  – Closeout and ROI for Developer