In the ever-evolving world of real estate development, achieving success requires a strategic approach and a reliable partner. For those new to the multi-family purpose-built rental sector, the journey can be filled with challenges. However, with the right assistance and guidance, even newcomers can thrive. At The GeoFocus Group, we specialize in offering comprehensive services tailored to new multi-family purpose-built rental developers and investors. Our founders, with decades of experience in land acquisition and development, actively engage in the multi-family investment and development sectors. In this blog post, we’ll explore how The GeoFocus Group can assist and guide you on your path to success.
1. Site Selection, Acquisition Services, and Due Diligence Services: Selecting the right location is the cornerstone of any successful real estate development venture. At The GeoFocus Group, we excel in site selection, acquisition services, and due diligence services. Our expertise includes the thorough vetting of potential development sites and assisting in coordinating purchase and sale agreements with appropriate conditions. We go beyond by coordinating crucial investigations, such as ESA Phase I/II, geotechnical, and hydrogeological investigations, among others, to ensure the suitability of the site. Our commitment to due diligence ensures that you make informed decisions, safeguarding your investment from unforeseen challenges.
2. Pre-Development Services (ZBA, Minor Variance, SPA, Proforma Preparation): Navigating the complex regulatory landscape is a critical phase in any development project. The GeoFocus Group specializes in pre-development services, including zoning by-laws, minor variances, site plan approvals (SPA), and proforma preparation. With an extensive network of pre-qualified expert consultants (planners, architects, and engineers), vetted through an extensive RFP process, in a variety of municipalities throughout Ontario to expedite zoning and entitlements, ensuring you have a dedicated team of experts that are able to execute quickly and efficiently. Our team also coordinates the preparation of proformas, assists with the coordination of lenders to secure capital, mezzanine financing, bridge financing, construction financing whether through the CMHC process and/or conventional avenues, in order to fully assess the viability of your acquisition or development. We prioritize efficiency and success in the pre-development phase, driven by our founders’ deep industry insights.
3. Pre-construction Services Fee (Building Permit): Securing the necessary permits is often a complex and time-consuming process. The GeoFocus Group streamlines this process for you. We not only manage the issuance of RFPs for required architects, engineers, and third-party consultants but also coordinate them to expedite design development, the preparation of construction cost estimates and the eventual issuance of the project’s building permits. Our team provides budgeting, costing, and value engineering coordination to ensure that the development aligns with construction budget and proforma metrics, safeguarding its viability.
4. Construction Management Services: The construction phase demands precision and oversight to ensure the project’s success. The GeoFocus Group offers comprehensive construction management services that encompass project planning, cost control, quality assurance, and on-site supervision. Our founders’ extensive experience and industry connections guarantee that your project is built to the highest standards, on time and within budget.
Why Choose The GeoFocus Group? Our founders’ active involvement in the multi-family investment and development sectors is a defining characteristic of our company. With decades of experience in land acquisition and development, they bring a wealth of knowledge and insights to your project. By choosing The GeoFocus Group, you gain a trusted partner committed to your success. Our comprehensive services, backed by our founders’ expertise, ensure that you have the support you need at every stage of your multi-family purpose-built rental development journey.
Embarking on a multi-family purpose-built rental development venture can be a rewarding endeavor, but it’s not without its complexities. The GeoFocus Group is here to make your journey smoother and more prosperous. Contact us today to explore how we can assist and guide you on your path to becoming a successful multi-family purpose-built rental developer and investor. Your success is our priority, and we are dedicated to helping you achieve it. To request a turnkey proposal from Site Selection, Acquisition Services, and Due Diligence Services through to Construction Management please contact firm President, Adam Altobelli (adam@thegeofocusgroup.com).
