WHAT WE DO

As a multi-faceted, fully hands-on commercial mixed-use development and property management company, the Bacall Group offers the following services.

ACQUISITION
DEVELOPMENT
JOINT VENTURES
FINANCING
PROPERTY MGMT

1. aCQUISITION

Site selection

Identifying potential sites that meet our company’s criteria including location, zoning, product demand, demographics, etc.

Due diligence

Conducting research on potential sites including environmental, zoning, or other legal constraints, as well as the potential impact on the surrounding community to determine whether or not it is right for us and our partners

Permitting and Approvals

Obtaining all necessary permits and approvals from government agencies for the development of the project

Close

Finalizing the transaction to ultimately obtain ownership

2. DEVELOPMENT

Feasibility analysis

Conducting a comprehensive study of the market, economic, and financial viability of the project

Conceptual design

Developing a preliminary design for the project, including the mix of uses and layout of buildings and spaces

Zoning and land use approvals

Obtaining the necessary permits and approvals from local government agencies

Detailed design

Refining the design of the project, including architecture, engineering, and construction plans

Bidding, Budgeting, and Contracting

Preparing for construction, including bidding out contracts, negotiating contracts, and hiring qualified tradesmen

Construction

Hiring the qualified general contractor for the project and move forward according to the approved plans and specifications

3. JOINT VENTURES

Define objectives

Clearly defining the objectives of the joint venture and what the company is hoping to achieve through the partnership

Evaluate potential partners

Evaluate potential partners based on criteria such as financial stability, experience, reputation, and compatibility with the company’s culture and values

Negotiate terms

Work with legal counsel to negotiate the terms of the joint venture agreement, including issues such as ownership, management, and profit sharing

Establish communication and management structure

Establish a clear communication and management structure for our partners, including roles, responsibilities, and reporting requirements

Finalize agreement

Finalize the joint venture agreement and ensure that all parties have a clear understanding of the terms and responsibilities

4. FINANCING

Preparation

Gathering all necessary financial and project-related information and documentation, such as project plans, budgets, market research, and environmental assessments

Financial modeling

Developing a financial model to estimate the expected costs and revenues of the project

Identify and choose the lender

Search for potential sources of financing with lenders of whom we have an established relationship with, such as banks, private equity firms, institutional investors, or crowdfunding platforms

Capital structure determination

Determining the optimal mix of debt and equity financing based on the financial model and other factors including our risk tolerance

Equity financing

Raising capital from investors to finance a portion of the development costs. This may include private equity, institutional investors, or crowdfunding

Permanent financing

Refinancing the construction loan with a longer-term loan, typically after the project has been completed and stabilized

5. PROPERTY MANAGEMENT

Leasing and marketing

Securing tenants and marketing the project to potential tenants and buyers. Marketing available properties to potential tenants, negotiating leases, and managing the lease-up process

Property maintenance

Overseeing the maintenance and upkeep of all properties and assets, including scheduling repairs, coordinating with vendors, and ensuring all properties are in good condition

Rent collection

Collecting rent from tenants and managing the accounts receivable process

Financial management

Managing the property budget, preparing financial reports, and overseeing the payment of bills and taxes

Tenant relations

Building and maintaining positive relationships with tenants, addressing any concerns or complaints, and enforcing the terms of all lease agreements

Compliance

Ensuring that the properties are in compliance with local, state, and federal regulations, including health and safety codes and environmental laws

Strategic planning

Developing and implementing strategies to improve the financial performance and value of the properties, such as implementing energy-efficient upgrades or reconfiguring spaces to meet changing market demands