Site Acquisition

Development sites start with understanding the investment strategy and acquisition criteria. To efficiently identify potential acquisition targets, Avant Development relies on relationships, local knowledge, strategic networking, revenue/cost trends, political/neighborhood sentiment, market demand/timing, and a holistic understanding of building design. Real Estate development success stems from an astute acquisition to proper execution with a vetted project team.

Financial Underwriting & Feasibility

In underwriting and feasibility analysis, Avant Development focuses on the financial modeling of a proposed development or capital investment opportunity by diligently incorporating the following assumptions:

• Planning and Design

• Timing

• Cost

• Revenue

• Sale/Exit

• Sensitivity Analysis

Due Diligence

Avant Development conducts due diligence for infill development investment opportunities to identify risks as well as mitigants supporting the approval of due diligence based on the following (but not limited to):

• Planning Analysis

• Political Feasibility

• Title Investigation and Insurance

• Technical Analysis of Site Constraints (civil, geotechnical, environmental, biological)

• Architectural Site and Yield Analysis

• Initial Feasibility Underwriting (collective planning, political, neighborhood, technical analysis)

• Due Diligence Report: A summary of the due diligence findings and characterizing of the associated risks and potential mitigants for the business plan supporting a recommendation to disapprove, or approve the investment of funds.

The timing of due diligence is dependent on critical path items such as site surveys and public agency input to make decisions.

Investment Presentation

Avant will prepare equity presentation deck, offering memorandum, or investment memorandum describing your ground-up real estate development investment opportunity containing the following components:

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• Project Overview:  description of site and location, development plan, entitlements/zoning, background on sourcing, identification of Sponsor, current status of underlying deal structure, timeline and budget, and investment rationale

• Summary of Project Economics

• Site Map, Neighborhood Amenities

• Site Plan, Architectural Renderings

• Sources and Uses

• Revenue Summary

• Operating Expense

• NOI Summary

• Exit Assumption

• Sensitivity Analysis

• Waterfall Overview

• Rental Comps, Rental Comps Map

• Land Comps, Land Comps Map

• Sale Comps, Sale Comps Map

• Organizational Chart

• Sponsor Bios and Development Team

Project Design & Permits

Avant Development identifies the approvals necessary to permit your project and recommend an entitlement strategy for achieving the desired approvals by working with consultants, local experts, and the local jurisdiction to determine if your project is consistent or at odds with local plans for your site.

If the entitlement path is identified during due diligence, the entitlement process is started by providing the following services:

• Planning Application

• Environmental Review

• Project Design

• Entitlements

Owner Representation

Avant Development protects project best interests and provide the guidance necessary for a successful, profitable investment and development. Starting with project planning, Avant stays with owners until the project concludes with either a disposition or asset management strategy.

Asset Management

Avant Management provides comprehensive consulting services to manage both multifamily and office HOAs to transition into successful operations. From property marketing and leasing strategies, to implementing effective property management, Avant Management strives to provide asset management services that boost project success and profitability.

Recapitalization & Disposition