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| Fm’s team possesses an intimate knowledge of the goals, processes, limitations, and expectations of its clients. The principals professional experience over the last two decades provides the company with a strong qualitative foundation including: |
- Knowledge of governmental operations
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Ability to communicate and relate to people at all levels from CEOs to construction and building management personnel.
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Ability to identify and analyze relevant market demographics and characteristics
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Knowledge of local markets and local government, and familiarity with people who have expertise in the development business
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Sufficient involvement in local political processes to reduce uncertainty about land use policy or to learn more about the desires of neighborhood residents regarding future development
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A reputation that inspires the confidence of local government officials, corporate executives, and lenders
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Experience in a number of relevant areas, such as land assembly, renovation or adaptive use, development in urban settings, and development of specific product types
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An understanding of the processes in the structuring of public-private partnerships
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An understanding of the options available for financing public and private projects
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A decision making structure and the financial resources that make it possible to move quickly
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Ability to interface with and complement the staff of its client’s finance, legal, planning, and economic development divisions.
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An entrepreneurial approach including the ability and patience to resolve problems that will inevitably arise
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A depth of experience with traditional and alternative methods to finance development opportunities
- An understanding of and access to the latest in relevant technology
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| In an environment of relationships, networking, and deal making; independence, experience, confidence, maturity, and an entrepreneurial attitude, as well as specific finance, design, planning, construction, and marketing skills, are all key to success. (Source: ULI Strategies and Structure of Real Estate Development Firms) |
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