Birch Advisors ensures that your capital expenditure budget takes into account all of the things you will spend capital on in the years to come. We evaluate the potential expenses and investments you can expect in the future, detailing any preventative maintenance or replacements that will be needed.
Usually, these budgets include big-ticket items like:
In addition to the replacement of equipment and furniture, capital budgeting decisions should take into account research, development and production of any new products within the organization; new locations for growth; and other major capital expenditures. As part of this process, owners and tenants will need to evaluate which projects will yield the most return over an applicable period of time, and which are most crucial to the operations of the space.
Capital budgeting and financing decisions will involve the organization’s:
We have a long history of development and negotiation of agreements for commercial real estate development projects between property owners and developers, oftentimes affiliated with an investor in the owner. In this type of development agreement the developer is responsible for the pre-development, construction, and post-completion phases of an office, retail, multifamily, mixed-use, or other commercial project. While development agreements are generally governed by state law, Birch Advisors has demonstrated experience in a large number of states. We help negotiate and craft agreements that are integrated with notes, important explanations, drafting and negotiating tips for both property owners and developers.
Birch Advisors has extensive experience managing construction projects. The core of this management focuses on organizing the construction or renovation process from start to finish. The activities in a construction project are those required to obtain the property owner’s or tenant’s goals.
Services Include:
Birch Advisors will assist with securing all necessary entitlements from the applicable government(s), the real estate developer is thus entitled to build what was proposed and approved. We work with real estate developers or land owners seeking the right to develop (or redevelop) property with government approvals for zoning, density, design, use, and occupancy permits.
Birch Advisors assists in the procurement of Construction / Permanent Financing. We are highly skilled in finding appropriate sites and provide assistance when you have a specific site in mind and must determine what type of commercial project that location would most likely support. Once those pieces are in place, we develop detailed plans and submit them to various municipal committees or entities, such as the planning and zoning commission, for their approval. We help build the framework to finance your project around these key items. We scope project cost figures and ascertain project information so you are ready to begin discussions around financing with potential lenders.
Here is what you can expect when seeking financing and we are intimately involved through the process driving deliverables:
Successful real estate development projects require a plethora of different skills, professions, and competencies. Birch Advisors specializes in the variety of skills required and has decades of experience, in building, and managing teams to assist in the strategy, process, and build of various developments. We have carried out the various stages of development and provided robust scalability around each stage. This scalability has allowed many clients to move from developing one property at a time to developing multiple properties in multiple locations simultaneously, increasing the ability to build profitable property development companies.
Our development coordination team has facilitated the following individuals:
Birch Advisors has extensive experience in construction document review for risk analysis, mitigation, and overall constructibility. We quickly and effectively review your project’s plans and specifications to mitigate and address areas of risk, identify areas for cost savings, and reduce claims during construction.
We work to determine the more profitable and competitive use for the subject site based on four criteria. Within every appraisal exercise that is undertaken by an appraiser, a Highest and Best Use analysis must be completed.
There are four tests which the appraiser must consider when undertaking Highest and Best Use analysis which include the following:
