Collaborate

Real Estate Development

In real estate development projects, JJK Places can serve in one of three general roles: 1) developer or co-developer / joint venture partner, 2) fee-based owner’s rep / project manager, or 3) as a consultant / advisor.

We offer clients, project partners, and others the benefits that come with decades of experience in real estate development, property acquisitions, finance, project management, city planning and entitlements, construction management, property marketing and leasing/sales, negotiating and structuring transactions, and selling / leasing space and residential units.

We also have extensive background in almost all property types, including market rate and affordable housing, retail/commercial and mixed use, industrial/flex space, transit-oriented development, adaptive reuse of existing buildings, land, and medical and other special use facilities.

Development Services

DEVELOPMENT

  • Ground-up development
  • Adaptive reuse of existing buildings
  • Project management
  • Owner’s Rep services
  • Pre-development and site/project design
  • Project budgeting, scheduling, and pro-forma modeling
  • Financing
  • Site entitlement work (rezoning, permitting, and site plan approvals)
  • Community engagement

CONSTRUCTION MANAGEMENT

  • Construction management for ground-up or rehab projects
  • Identifying and overseeing construction trades
  • Permitting and managing inspections
  • Detailed cost estimating/budgeting, and scopes of work
  • Material procurement
  • Commercial space design and Tenant Improvement (T.I.) build-out
  • Budget and actual cost reconciliations
  • Securing construction funding, and subsequent loan disbursements
  • Negotiating contractor agreements
  • Final punch-list

PROPERTY & SITE DESIGN

  • Urban planning and design expertise
  • Specialize in biophilic design
  • Design of public gathering spaces, and related placemaking
  • Public art identification and implementation
  • GIS research, analysis
  • Advanced visioning and visualization techniques in public engagement
  • Community outreach

PROPERTY ACQUISITION / EARLY PRE-DEVELOPMENT

  • Originating property acquisitions
  • Due diligence/underwriting
  • Sourcing potential development projects with high social impact and community servicing components
  • Deal structuring, negotiations, and agreement reviews
  • Assembling development teams
  • Market and economic research and reports
  • Zoning research
  • Financial projections

REAL ESTATE FINANCE

  • Structuring financing and project capital stacks
  • Investigation and implementation of public-private partnerships, public sector subsidies or philanthropic grants and PRI’s, and other nontraditional funding
  • Affordable housing funding strategies, including Low Income Housing Tax Credits (LIHTC)
  • Familiarity with evolving social impact investment funds
  • Negotiating funding structures
  • Negotiating, and subsequent review of agreements, loan documents, etc.
  • Knowledge of unique funding programs, such as EB-5, New Market Tax Credits (NMTC), Energy Credits, etc.
  • Financial Analysis:
    • Project budgeting/scheduling
    • Pro-forma projections
    • Sources & Uses tables
    • Development budgets