8 skills in Development
Benchmarks a GC's construction budget against market costs by CSI division, evaluates contract structure (GMP vs.
Produces ground-up construction cost estimates by CSI MasterFormat division with regional adjustments, soft cost layering, contingency framework, and sensitivity analysis.
GC selection, bid leveling, GMP/lump sum negotiation, CO compliance, punch list management, and design team evaluation for Development Managers.
Central command for ground-up development and major renovation projects.
Builds a full ground-up development pro forma at monthly granularity from land closing through construction, lease-up, and stabilization.
Assesses whether a proposed development is achievable under current zoning or requires discretionary approvals, quantifies entitlement risk (timeline, cost, probability), and…
Determines the maximum supportable land price by computing residual land value across multiple use types and selecting highest-and-best-use (HBU).
Post-acquisition asset onboarding to property management, TI project coordination, and development-to-stabilization transition bridging Acquisitions, PM, and Development.