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Boston Developer & Investor Services
At Ballast, our real estate expertise goes well beyond representation of home buyers and sellers. With our collective backgrounds representing Boston real estate developers, real estate lenders, real estate equity investors and multi-family & multi-unit condo investors, we provide unique real estate consulting and advisory services to our Developer and Investor Clients. We easily crunch investment return numbers in-house and track valuation trends across all Boston neighborhoods to ensure that our Developers and Investors have the most accurate & up-to-date information necessary to make quick and informed decisions at each phase of their projects.
Most importantly for our Clients' financial returns, we match our Boston Developer & Investor strengths, anticipated financing, and construction timelines with the right neighborhoods and parcels within them to help our Developers and Investors get the best Internal Rates of Return. Boston Developers take on significant risks with significant financial obligations - they need to invest in what is selling and divest what is not selling. We are in the Boston sales market on a daily basis serving both Buyer and Seller Clients which gives us a very crisp & clear view of both subtle & dramatic changes in Buyer expectations, financing capacity, and emerging market trends neighborhood-by-neighborhood & street -by-street. Each of our Agents participates in a database project isolating specific Buyer trends by pricepoint, demographic and by area of the city. With this information, we can easily provide you with critical project information needed at every phase of your Boston real estate development to make it a financial & transactional success.
While Boston real estate developers choose different teams for different processes, we have had the most success consulting with our Developers from project purchase through project construction (rough to finish) -- allowing us to transmit important market information when it has a direct impact on reducing construction costs, spending capital where it has the greatest sales impact, and lowering the number of days that a Developer must hold onto units post-construction and pay resulting interests costs.
We Work Consistently with our Developers & Investors to Avoid these Common Developer Mistakes:
- Choosing the wrong product & price points for a given neighborhood
- Choosing finishes & layouts that do not maximize returns on investment for the neighborhood
- Choosing finishes & layouts that do not fit (or satisfy) the Buyer most likely to purchase the units
- Ignoring simple Internal Rate of Return financial principles in favor of complex pricing schemes that delay distribution of Investor Returns
- Choosing Real Estate Brokerage Firms & Agents that do not have the in-house operational capabilities, in-depth understanding of developer financial pressures or timeline needs, or the technology to support & manage the volume of data that keeps each transaction in a multiple transaction sale running smoothly without delay
Contact a Ballast Boston Real Estate Agent today at 617-459-4916 to discuss your investment goals.
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