Challenge:

A family-owned multifamily real estate business was preparing for an intergenerational transition and needed strategic and operational guidance to ensure continuity, improve performance, and set the stage for long-term success.

Solution:

We served as interim executive to lead the transition process, conducting a comprehensive gap analysis to benchmark current operations against industry best practices. Our involvement spanned multiple functional areas:

• Predevelopment: Oversaw land acquisition, entitlements, site subdivision, and final approvals for residential and commercial development.

• Project Execution: anaged third-party contractors, including site and general contractors, home builders, renovation teams, and commercial expansion crews.

• Lease Transactions: Led tenant negotiations, coordinated with brokers, and oversaw retail and office tenant fit-outs.

• Valuation & Finance: Built acquisition models for all property types, assessed buy/sell scenarios, consolidated asset-level financials, and arranged financing for land, construction, and refinancing of stabilized assets. 

• Ownership Reporting: Consolidated financial valuations for ownership at the asset level.

• Professional Services Management: Directed relationships with legal, accounting, engineering, and appraisal firms.

• Property Management Oversight: Oversaw in-house property management companies.

• Cash Management: Reviewed and optimized banking relationships and internal cash management strategies.

• Business Development: Prospected new tenant opportunities, with a focus on medical office and retail leasing.

Result:

A successful transition to next-generation ownership, with improved governance, streamlined operations, and a sustainable growth platform.