Mitigating Development Risk
Development risk is mitigated significantly through real estate developments that are specially designed to appeal to the local community by conferring clear and tangible benefits to the community - with green space being atop the traits that are most clear/observable and tangible to the average person.
The greatest opportunity for mitigation of risk lies at the stage where the opportunity is first created. In our view, real estate development opportunity exists nearly everywhere if we can just determine the appropriate way to create it. And, the first stage in making that determination involves an analysis of the elements that favor risk minimization.
Correlation Between Low Risk/High Reward - We begin with an analysis of risk because we have found that there is a high correlation between our selected risk minimization factors and the level of positive investment return that a project can ultimately generate. As a result, we generally favor places: 1) where the community or local neighborhood is decentralized presenting the opportunity to create a more identifiable central gathering place; 2) where the need and desire for human interactive, dynamic green space is evident; 3) where we can establish a strong audience draw without sacrificing our optimal proforma outcome to a less than attractive anchor tenant deal ; and 4) where the upfront property investment is protected against downside market risks by the sheer importance and high profile nature of the location relative to the local community.
The end result is that we deliver development opportunities with stong community appeal and support, significantly minimized risk, and exceptional returns on investment.
If you are a potentially interested investor, please see our Investors section for more information.