
MD Projects primary focus is providing the experience and technical expertise to lead and manage your project team in fulfillment of the financial, schedule and program goals for your project. As your project management representatives we pro actively identify and control the risks and liabilities inherent in the planning, design and construction of real estate projects including land development or new construction.
Real estate analysis covers a breadth of areas including market study, feasibility study, highest and best use analysis, cost segregation and analysis for an under performing asset. Clarifying the client's objectives and expectations is the cornerstone of a successful real estate consulting engagement.
The Real Estate Analysis division provides our clients with comprehensive analytical reports necessary to make well informed decisions for funding of affordable housing developments. This will enable you to know exactly everything in order to hit your profit objectives including: targeting specific customer groups, pricing, all your costs, sales forecasts and marketing.
Market studies typically address a number of critical issues concerning the existing and future market support for a proposed facility:
Demographic Profile - Creating the demographic profile of the end-user of the client company's products or services.
Demand Projections - Establishing a market demand model based on the available demographic information and the application of statistical models to develop a vision of the current and future marketing area trends that may affect demand.
Supply Projections - Preparation of market area supply information to include the effects of historical, current and potential future market competition (direct and indirect) that may impact the project's market penetration opportunity and prospective sales revenues.
Development Recommendations -- As feasibility consultants we look for development of a sustainable market niche that should place the client company's business at a distinct advantage over competitors (assuming the client company's operations are professionally executed and managed on an ongoing basis).
A business plan precisely defines a business, identifies a company's project, portfolio, and/or enterprise goals, and serves as a resume of sorts.
The basic components typically include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps to allocate resources properly, handle unforeseen complications, and make good business decisions.
A good business plan starts with your "Wish List" (i.e. how much you wish to earn) and then guides you through the process of examining the key aspects of generating positive income: Revenue, Expenses and Business Development.
Real estate business plans outline and evaluate all aspects of your real estate business venture and provides you a specific roadmap and process on how to achieve your goals.
Often business planning is the last thing we want to do, because it is considered difficult and complicated. However, it's a proven fact that success is more easily attained if your plan has been well thought out, written down, researched, debated , shared and developed with and by our team. Planning is the essence of winning, and a good real estate business plan will help a real estate investor become more successful. Business plan is essential to raise finance and maximize profits.
A good Business Plan will take all these items into consideration and allow you to find the right balance between what works best for you and best for your specific market place. Using your business plan, you can now track activities, appointments and transactions and develop an effectiveness matrix. An effectiveness matrix involves simply a plan of action with a list of what activities will generate the most results. This will enable you to know exactly everything you need to do in order to hit your profit objectives including: targeting specific customer groups, product pricing, all your costs, sales forecasts and marketing.
MD Projects has extensive experience with corporate financial and business planning, including the unique details of construction and joint venture activities.
The importance of a comprehensive, thoughtful business plan cannot be overemphasized. Much hinges on it: outside funding, credit from suppliers, management of your operation and finances, promotion and marketing of your business, and achievement of your goals and objectives.
Supporting the preparation of a business plan, we typically consider the following four core questions:
A project can’t be undertaken until a complete Feasibility Study or business plan is completed! The Feasibility Study attempts to lay out the logic and plan for a successful commercial development.
All assumptions made, and external dependencies specified, in the Feasibility Study are explicitly documented. Because the Feasibility Study is written early in the project life cycle, there will be many unknowns, and assumptions need to be made in order to produce a plan of action, budgets and schedule. These assumptions are extensively documented so that the Feasibility Study can be modified appropriately should the assumptions change or turn out to be false. As we move through the development process, the Feasibility Report is updated and refined.
MD Projects develops feasibility studies to help investors to take clear decisions by providing critical information about a specific concept or project. The project feasibility studies we provide represent the comprehensive summation of numerous analyses used to determine the viability of a project.
Every country has its own specific culture, its own laws, regulations and procedures. And so does the Romanian real estate market. To invest successfully, it is important to understand and have a feel for the market. As there are numerous laws and regulations in play, we can give you an overview of important general facts.
As part of due diligence for property transactions, executor contracts and leases become essential information. MD Projects views the review of such documents to determine from experienced vendors the additional items, issues, and operating problems that should be reconciled prior to closing.
We will identify target areas and potential sites based on the client’s criteria for development or ownership of a specific type of real estate investment. The study report includes market maps, demographics, traffic counts, property descriptions, competitive analysis and comparable real estate costs. We will also provide a preliminary assessment on municipal zoning requirements and development standards based on the client’s use.
We will also have an architect prepare a conceptual development plan to determine if the site meets current municipal zoning and development standards.
We offer real estate consultancy in accordance with the market and the areas that we consider advantageous now or in the near future. In order to perform safe transactions and to develop a professional activity in our company, the client will be attended by our attorneys to prepare papers in front of a public notary.
We will represent the buyer in negotiations and if requested by the client prepare the purchase agreement.
As a form of collaboration we are flexible to associate in partnerships, joint ventures, client representation contract or share trading.
In summary, no two properties are alike, nor are two clients’ needs alike. Your needs are unique, and our services can be adapted to fit your needs.
In any capital-intensive project, the majority of the risk for the development lies in the performance of design and construction activities. This is an ordinary risk for design builders, construction companies and us as a developer.
Once the property is under contract, we will assist the buyer in completing the due diligence requirements for developing the site for the buyer's intended use. These requirements include survey requirements, subsurface soils investigation, environmental assessment and utility services. We will also act as the owner’s liaison for zoning, staff and plan review meetings, right-of-way and easement negotiations and the permitting process to start construction.
We will represent the owner in the negotiations of architectural and engineering contracts. We will work with the architect and engineer from the initial design stages, conduct plan review meetings and a final review of the construction plans and specifications prior to submission to County and Local Authorities for construction permits.
We handle obtaining local administration approvals, such as rezoning, variances, special exceptions, conditional uses, and planned developments. MD Projects approach in all such manners is as lead negotiator, or, in appropriate support roles, as designated by clients.
Investors shouldn’t let the possible risks of real estate project stop them from initiating a profitable business. Relying on a real estate project management company that understands market and industry trends, performs objective project and market analysis and can match the best funding combination of real estate loans and investments tools means that capital investors can significantly reduce the risks associated with their venture.
We help assess your options for delivering projects, develop financial models to evaluate financial options and structures and negotiate with the funding community to get you competitive terms. Whatever your project finance needs, we can provide you with the best deals regarding the market financing options.
We identify traditional and emerging sources of financing.
We can:
Our experience with financial feasibility analysis is based on our background as project developers and asset managers.
MD Projects works with clients to secure real estate financing, including preparation of required property and investment analysis memoranda. MD Projects's approach in all such manners is as lead negotiator, or, in appropriate support roles as designated by clients.
An integrated start-to-finish approach to your real estate needs, with site selection, lease negotiation, and project management, will help navigate around the thousands of potential pitfalls and bring savings every step of the way.
Investment management services
Construction management is essentially a high level management that focuses on the coordination of the different needs of a project on a large scale. In particular, the construction manager is responsible for maintaining the relationship with all the contractors and subcontractors to ensure the smooth and timely completion of a project.
Beyond this, the construction manager arranges and maintains project relationships with the trade contractors and designers associated with particular aspects of the project, including setting timetables for the completion of certain sections and resolving conflicts as they arise.
One of the main focuses of a construction manager is coordination. In particular, the manager is charged with arranging the timing and working relationships between subcontractors. These responsibilities include organizing bids for specific parts of a project, signing off on subcontractor work, quality control, and monitoring time and costs. This particular responsibility weighs heavily on the budgeting phase of a project. Construction managers work closely with owners and designers to make sure that a project is not only feasible from a physical standpoint, but also from a budgetary one. Once decisions concerning the direction, processes, and time constraints of project are set, the construction manager implements the plans.
MDP is committed to providing project management services of the highest professional standards to owners and investors. MDP provides comprehensive project/construction management services to owners and users on a local, regional and national basis.
MD Projects acquired the necessary knowledge and know-how in order to optimize building projects. This applies to quality, cost as well as to terms of delivery, both for new buildings or renovation projects. A highly performing management allows MD Projects to respond optimally to investors needs.
The MD Projects management team represents the interests of the owner in its dealings with other construction professionals, and with other private and public entities. We will assist the client in defining the desired or requisite levels of quality, the budget, and the schedule. We will act as the owner’s representative in preparing and soliciting construction bids, contractor and subcontractor contract negotiations. Once the contract is awarded, we will conduct a pre-construction meeting with the contractor, subcontractors and utility company representatives to do a thorough review of the construction plans and specifications prior to starting construction.
As the owner’s representative during construction, we will conduct weekly progress meetings with the contractor and the subcontractor(s) on site at the time and submit a written progress report to the owner on a regular basis. If you have a large land plot we can assist in master planning it and can take it all the way through development and construction. Our experienced construction professionals, who operate within a formal control system, offer assistance in budget preparation, design review, construction techniques, regulatory codes and other areas.
Services include:
The local real estate market is on the brink of booming. This extends beyond local investors, as there are many foreign investors who have either started projects worth hundreds of millions of Euro, or are testing the waters with smaller projects.
Property management is becoming a necessity for the Romanian market. The real estate industry is growing fast forward as the numbers of investors and the property values are continuously increasing. The real estate market has become a place where both national and international investors meet to set up huge projects. To be able to hold your assets until they reach the maturation point, a strategic property management is strongly recommended.
Property management activities include accepting rent, responding to and addressing maintenance issues, advertising vacancies for tenants, doing credit and background checks on tenants, marketing the property, paying the tenant’s bills, contracting tenants, services and utilities as specified in the management contract and other requested tasks. Property managers may manage construction, development, repair and maintenance on a property.
Levels of property ownership are comparatively low in Eastern Europe due to the restrictions on private ownership and access to credit imposed during the past. With these barriers now removed, levels of property ownership are beginning to rise, and will continue to do so as credit becomes more widely available. This will provide additional stimulus to the property market, creating the potential for ever higher capital gains on your investment.
In the very beginning stage we will conduct comparative studies in order to find out the most profitable solutions for you and advise you whether keep, rent, lease or sell the property - sell it as a whole or in pieces. Our team will assist you to enlarge your credit line through rents and offer you complete additional services such as: administration of bills, contracting tenants, archive updating and regular reports, rent collection, property marketing and resale, supplying credit for purchasing new properties through the local banks.
Property management Services:
Prior to commitment, each new opportunity is thoroughly researched and professionally analyzed to determine both short-term and long-range potential. Cost estimates are computed, market value is established and financing is arranged for projects that qualify. Following acquisition, detailed management systems are set in motion and carefully monitored to maintain projected cost/value ratios and ensure maximum profits.
Purchasing real estate for investment can be one of the most challenging decisions that can be made by a corporation, institutional investor, partnership, or individual. Financial and regulatory factors, from finding a property consistent with the prospective owner's investment strategy to financing options and tax considerations, have a profound impact on future profitability.