Commercial
Unfinished Development
The liability associated with unfinished development projects is serious, and losses may amount quickly due to the scale of commercial projects. However, with the expertise and guidance of Modern Commercial Development Specialists, banks and property owners may minimize their liabilities and even recover losses.
The team of experienced Development Specialists is led by Richard Gentilucci, who brings over 40+ years of experience in maximizing asset value of unfinished development projects. His strategy is to help asset owners assess their unique situation and recommend the best course of action (whether to continue development, foreclosure, reassign the project to another team, disposition), followed by the execution of such strategies.
Our Unfinished Development Services include:
I. Construction Management | Strategic Planning:
- Predevelopment Determination of Project Budget and Schedule
- Obtaining Necessary Permits
- Project Team Selection (Architect/Contractor/Consultants) and Contract Negotiation
- Project Management
- Construction Oversight
II. Real Estate Development Consulting
- Market and Feasibility Analysis
- Financing Alternatives
- Risk Assessment
- Site Selection / Relocation
- Developer Selection and Partnerships (RFQ / RFP)
- Construction Management
- Monetization of Owned Real Estate
- Disposition of Excess Real Estate
III. Mediation / Arbitration
We look forward to working with you to realize the potential value of your Unfinished Development projects.
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