APARTMENT SITE SELECTION DFW
Multifamily Site Selection Advisors who provide Commercial Family Land Developers with Market Trend Reports and Consulting for Ground Up Multi-Housing Projects in Dallas Ft. Worth.
Multihousing Site Selection Services
Site selection strategies vary from parcel to parcel. Every site will have positive and negative characteristics. The challenge is to find raw land that meets most of the requirements, is attractive to targeted renters, and balances your risk and reward tolerance.
Whether you are employing the Merchant Strategy (build, stabilize and sell), the Urban Strategy (convenience, access, walkability), Unique Design Strategy (tenet focused amenities and services), or the Jobs Market Strategy (high-paying and/or stable job growth), our Multifamily Site Selection Advisors blend quantitative and qualitative metrics and local street knowledge to locate the best sub-market and apartment land for our clients.
Multifamily developers face many challenges in the site search and acquisition process. Our site selection service delivers the information you need to launch a profitable project.
Below is a general outline of the large issues multifamily developers consider during site search and site development.
- Land acquisition – LOI and contract negotiations from execution to closing
- Contract & Development Milestone Mgnt – Buyer / seller task and timeline management; meeting facilitation with all stakeholders including land development attorneys and engineers; site constraint action plans.
- Market Trend Research – Growth trends, Property Comps Analysis, Market rents, occupancy and absorption analysis
- Zoning – Existing or required conditions; densities; impact fees and code requirements; required variances, and potential opposition
- Site Area characteristics – Walkability and access to transit, schools, restaurants; employment hubs; proximity to entertainment, recreation and social venues.
- Transportation – Access, capacity, and near future planned development
- Site specific attributes – Cost of land; boundaries and edge conditions; prior uses; zoning and entitlements.
- Utilities – Availability to site or main extensions; distribution and collection capacity; user fees.
- Financial Incentives –Identify federal, state and local economic development incentives.
- Topography and Geology – unique land features; wetlands and floodplain mapping; sub-surface analysis; storm water management; and ADA compliance.
- Multifamily Financing – Analyze the capital stack and identify which apartment land loans are available to this developer.
Related Brokerage Services
Apartment Disposition
G.R.E.A. maintains a dynamic database of the most active multifamily investors in the world – enabling us to quickly identify buyers for apartments in DFW.
1031 Exchange Properties
