Building beams in place at a real estate development project site

Development Advisory

Guiding clients through development projects from conception to completion.

Related:

Establish, refine and deliver your real estate project on time and on budget with experienced consultants that manage every phase of the development process. From new builds to expansions or consolidations—we’ll help you identify feasibility, obtain funds and execute your next project.

    We will perform a strategic review of any preliminary studies, planning and diligence information that will result in a financial framework for your development. We will also aid in establishing business, site and program principles to develop a custom financing package.

    • Site selection, analysis and evaluation
    • Market and due diligence assessment
    • Entitlement and zoning analysis
    • Preliminary financial structuring, budgeting and modeling
    • Evaluate project viability

    We will formalize the vision for the project by establishing goals for the design, budget and timeline as well as a marketing strategy that positions the project for long-term success.

    • Project design and financial programming, visioning and master planning
    • Budget and schedule development
    • Land acquisition strategy
    • Marketing strategy development
    • Third-party vendor management

    Utilizing design oversight as a tool to ensure project goals are achieved, we will assist in the selection of consultants that share the design and budgetary vision.

    • Design team procurement and oversight
    • Zoning/entitlement/permitting assistance
    • Deliver method guidance
    • Budget refinement and schedule
    • Design scope of work refinement 

    We will assist in construction partner selection; finalize budget certainty, debt and equity financing, scheduling and permitting; and work as an integral part of the construction observation team to ensure a timely completion within budget.

    • Construction partner procurement selection
    • Constructability review
    • Cost, budget, schedule, quality assurance and quality control (QAQC), document controls
    • Day-to-day project management including owner-architect-contractor (OAC) relations
    • Owner and contractor draw request
    • Value engineering management

    We will collect and turn over product operations and maintenance manuals, coordinate staff training and oversee marketing and business plans to prepare the development for long-term operation.

    • Construction contract closeout management
    • Construction loan closeout management
    • Regulatory review management
    Multifamily housing complex

    LIHTC Year 15 Exit Planning Resource Center

    As Low-Income Housing Tax Credit (LIHTC) properties approach their fifteenth anniversary, general partners must decide how to move forward with them after the initial LIHTC compliance period. Visit our resource center to learn more.

    Not only does Baker Tilly provide us with valuable development consulting services, but they help us grow our business. Team members regularly introduce us to their network contacts, which helps us to do more deals. This is an instrumental part of our relationship, and one not commonly found with other firms.
    – Menachem Rapoport, VP, Crown Court Properties, Ltd.

    By the numbers

    Map

    $2 billion

    in development projects managed

    2,004

    units of closed RAD transactions

    25,000

    units for RAD applications

    100 years

    combined experience managing development

    30

    PHA portfolios repositioned in the past five years

    84 to 5,000

    units of PHA asset portfolios