charlottesville real estate development


The BMC approach to life and business is simple: be honest, be fair, be thorough and be competitive. This has created our breadth of experience in all levels and aspects in the operation of Charlottesville investment property. Further, this approach creates a business of responsible investment property acquisition, development, construction and management.

Development Services
Acquisition:
Sale brokerage
Establish legal entity, in concert with our attorneys (but lawyers don’t have to do all the work)
Establishment of GAAP accounting systems & banking services

Pre-Development:
Design oversight (Arch, Civil & Structural)
Municipality applications & approvals (incl. neighbors)
“Roll up our sleeves” and think before doing a construction budget
Obtain necessary land entitlements: Land Use, Zoning, Density
Construction financing

Post-Construction:
Obtain Permanent financing
Determine multiple strategies f
or best debt financing options
Property Management

Construction Services
Administration:
Subcontractor & Vendor bid and contract coordination
Project admin., accounting, loan draws
Pay subcontractors ASAP, to keep them on our side and pricing reasonable
Coordination of bank draws

On-site implementation:
Oversight of Municipality compliance, permitting & inspections
Coordination of trade scheduling
and oversight
Enforcement of all relevant building codes
“Get dirty”, look for creative ways to stay on or ahead of budget

Management Services
Market Rental Survey & Analysis
Leasing
Rent Collection and Accounting
Put “boots on the ground”, the best way to evaluate a property is to see it
Coordination of Maintenance Services


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2009 building management company | A Charlottesville Real Esate Development Company
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