Jan 29, 2020
As real estate developers, we are constantly thinking about possibility. In cities across the country, our team is looking for the long-neglected areas that have the potential to become the next great neighborhood. From historic renovations to affordable housing developments, we build up these areas by introducing new places…
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Dec 26, 2019
“Why pay someone to do what I can do myself?” It’s a question many developers and investors ask when considering a New Market Tax Credit (NMTC) consultant for their next project. However, much like you would hire an attorney to handle your legal work, hiring a consultant will give…
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Sep 5, 2019
Like any real estate project, hotel development has its ups and downs based on the national economy. In the current climate, banks have made it clear that they are willing to lend on hotel projects. Many flagship brands anchoring downtown neighborhoods are aging out of their buildings, while today’s…
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Aug 12, 2019
Kansas City is one of our favorite places to create community. It’s where we got our start and it’s where we’ve called home ever since. As the city’s real estate market continues to thrive, we’re proud to be on the forefront as we fill the city with exciting places…
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Jun 28, 2019
Everyone deserves a warm and safe place to sleep at night. Although luxury apartments and high rises are the projects making headlines, there is a tremendous demand for housing in distressed neighborhoods nationwide. The government has responded with a group of tax credit programs that incentivize real estate developers…
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Mar 29, 2019
The Missouri Department of Economic Development has filed emergency rules to address new requirements outlined in SB590. The new rules will bring sweeping changes to the credit application and procurement process. Any real estate developer in Missouri looking at historic tax credits for their next project should familiarize themselves…
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Feb 4, 2019
The New Market Tax Credit is designed to lift up areas that need it most. These are the worn-out, run-down neighborhoods that often make up urban cores. Fortunately, the tax credit is flexible enough to support a variety of real estate projects and jumpstart economic development. For many communities,…
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Dec 27, 2018
In 2017, Congress passed the Tax Cut and Jobs Act, which included a series of incentives designed to promote new real estate development in some of the country’s most distressed areas. These areas are called “Opportunity Zones” and could present a significant revenue opportunity for the right real estate…
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Dec 3, 2018
Take a quick look at our portfolio and it’s clear: we love historic redevelopment projects. There’s something remarkable about transforming an old, run down space into something brand new. However, the road to that point is long, winding and full of opportunities for error. That’s why we’ve put together…
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Nov 14, 2018
As an owner or investor, there are countless things to consider before choosing a real estate developer for your next project. The real estate development process is a long, winding road that your developer will take the lead on, so it’s important that you choose wisely. You’ll likely meet…
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Oct 26, 2018
Look around your community and you’re sure to find places that need a little help, whether it’s more commercial construction, more living wage employers or even more housing. These communities are prime opportunities for developers to build something that fosters ongoing development, but they often come at a high…
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Jul 30, 2018
Over the last few decades, the United States has experienced a widening gap in household income. The middle class, once the foundation of the American economy, is shrinking at an unprecedented rate. This has caused significant changes in the housing market that real estate developers should be aware of…
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Jul 30, 2018
Big ideas often require bigger budgets. For every project you take on, there are architects, engineers and contractors to pay–all cutting into your bottom line. Although many developers look to offset their development costs with tax credits, we see far too many that waste time and money in the…
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Jul 28, 2018
For as many places of life and energy you see throughout your community, you also see places of what once was. These run-down buildings often sit in prime urban areas, but are neglected by developers due to the high cost of bringing them up to code. The result is…
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