Development can provide investment due diligence and project
forecasting prior to acquisition of the Property.
Development focuses emphasis on acquiring and developing projects
where understandable risk and apparent market conditions create profit
opportunities. Acquisitions through certain Venture Structures
are oriented towards both short-term value creation or market
opportunities, and long-term investment.
Development can contribute either a minority capital position or
project performance guarantee in exchange for a carried interest in
Development: Shockoe Development can provide and represent a private investor(s) as
the owners’ representative to offer a turn-key project development
such as pre-development due diligence, site acquisition, investment
tax sourcing, financing sourcing, construction management services,
lease-up services and property management services on a straight fee
basis. Shockoe Development may assume development period risk in
exchange for a performance based incentive fee.
Development can act as a manager or work as a partner in joint venture
opportunities. Shockoe Development would be is responsible for
development, and sourcing opportunities such as property management
and leasing of the venture projects.
acquisitions and the project development are funded by private asset
financing and through direct borrowing from institutional sources.