Stratus Development Group offers a wide variety of services. Our team can facilitate all phases of the development process, including fundraising, designing, operations, construction, leasing and marketing, and final brokerage of the asset.
- Participate in initial discussions with construction lenders and limited partners to provide additional knowledge and re-assurance relating to mulit-family and student housing development
- Develop a portfolio of experience including previous projects completed
- Redesign floor plans as needed to assure functional, efficient and cost effective designs
- Redesign exterior facades to improve marketability, tenant acceptance, reduce construction costs and minimize ongoing maintenance
- Locate inefficiencies with civil and architectural plans and value engineer as needed to optimize for functionality, efficiency and cost effectiveness
- Consult with architects and/or designers to ensure interior and exterior selections meet today’s tenant’s standards while promoting a timeless silhouette
- Consult with low voltage subcontractors, architects and/or designers to ensure all amenity areas are properly designed with sufficient WiFi capabilities, controlled access points, safety and more
- Our team can facilitate all phases of the development process, including fundraising, designing, operations, construction, leasing and marketing, and final brokerage of the asset.
- Consult on operations including standards of practice for leasing, day-to-day operations for property management, best practices for maintenance
- Consult on preferred vendors for amenities, maintenance, subcontractors, etc.
- Main point of contact for the General Contractor for all questions during the construction phase
- Review the General Contractor’s budget to confirm that all phases are in line
- Serve as the property representative for the local municipality and city officials
- Help resolve issues that arise during the construction phase. Examples might include: a subcontractor not performing to the appropriate standards, soil compaction, site security, etc.
- Ensure the project is progressing on schedule and confirm that the appropriate adjustments are made, if necessary.
- Ensure the project is staying on budget and review potential cost savings if over budget
- Review all payment applications submitted by the General Contractor
- Review all insurance policies and estimates to confirm adequate coverage and pricing
- Oversee pre-leasing efforts including marketing, strategy, and performance by property manager
- Develop custom web site for project with SEO implementation, hosted and maintained on Stratus servers
- Create a unique and trendy name for project
- Develop custom branding including logos, fonts, color scheme, mission statement, etc.
- Create and design marketing collateral package including flyers, direct mailers, koozies, t-shirts, etc.
- Prepare property for sale and make recommendations to increase final sales price
- Facilitate the accumulation and fine-tuning of distributable due diligence materials
- Preparation of high-quality, detailed offering memorandum
- Handle marketing of property including creation and maintenance of all advertisements, direct meetings with likely buyers, and site tours
- Negotiation of offers from prospective buyers
- Oversee and coordinate due diligence process, acting as a single liaison between buyer, property manager, 3rd party inspectors, lenders, etc.