Having a third party, independent voice in the project management and development process can be invaluable.  Placing Vector Real Estate Advisors in that role provides owners and investors with decades of experience in the evaluation, entitlement, development and/or repositioning of assets.

Maximizing value is paramount, but achieving that objective requires the assistance of experts in such areas as:

  • Securing entitlements

  • Subdividing and selling parcels

  • Managing the development process

  • Constructing improvements

  • Providing debt and equity

Vector Real Estate Advisors has all of these competencies within its principal and consultant roster.  Clients can compensate Vector on an hourly basis or through a management fee based on gross or net unit sales.  Whichever is chosen, the owner retains title to, and control of, his property.

Vector brings expertise to execute all aspects of the process, such as the procurement of equity and debt capital, freeing the developer to focus on those aspects in which he can make most effective use of his skills.

At Vector Real Estate Advisors, Land Development and Project Management services include:

  • Due Diligence/Pre-Design Services
    • Site inspection for assessment of needs and overall condition
    • “Highest and best use” analyses
    • Market and technical due-diligence evaluation
    • Preliminary cost/budget preparation
    • Pro-forma preparation
    • Property entitlement
  • Land Development Project Management – Design Phase
    • Preparation of detailed construction cost estimates and project schedules
    • Coordination of architects, engineers and other project team members to insure that the timeline is followed and quality is maintained
    • Oversight of engineers, architects and other team members
    • Engagement of municipal review agencies to facilitate approval of development plans and permits
    • Review and value-engineer site development plans
  • Land Development Project Management – Construction Phase
    • Plan, organize and coordinate all construction
    • Function as owner’s representative in dealing with designers, contractors and being available to review construction activities in the field
    • Prepare detailed construction schedules, pre-bid construction cost estimates and award contracts
    • Monitor construction progress including budgets, schedules and completed work
    • Evaluate and expedite change orders as well as monthly billings and invoices
    • Perform site inspections, resolve field issues and Responsible Land Disturber (RLD) activities