1. HOW DID YOU COME UP WITH STRATEGIC REDEVELOPMENT GROUP?
We came from two different directions to arrive at the same conclusion: the apartment rehabbing process needs a rehab of its own.
During our time with Berkshire Property Advisers and Avalon Bay we understood the need for doing deep research into the changing markets for apartments. This research underlined the surprisingly rising expectations of today’s apartment tenants, the key differences between them from market to market, and the fact too many renovations don’t meet those expectations.
Prior to the experiences at two of the most respected REIT's in the country our team worked in the construction management and design fields planning redeveloping and constructing multi-family and mixed use properties.
With a understanding of both "sides" of the partnership (client and contractor) it became apparent that there was a big disconnect; there was not clear understanding of the goals, abilities and limits of the parties which prohibit a successful project which meant big inefficiencies and the opportunities to do things more profitably will be lost.
So, we created a common sense plan and when we put it all together, we founded Strategic Redevelopment Group as a way to do it all better from top to bottom, in less time, for less money, yielding a better, more competitive end product.
2. WHY DID THE WHOLE APARTMENT REHAB BUSINESS GET TO BE SO INEFFICIENT?
It’s not really anybody’s fault.
It’s mostly that we were all used to doing things the same old way and didn’t notice that the apartment market had changed literally under our feet.
Today, most apartment stock is over 20 years old and yet so much of the apartment market doesn’t want it renovated the same way they used to. They want lots of new higher end features And they want them fast and don’t want to pay too much for them.
To stay competitive, renovators have to jump to a new tune.
Yet so often the skills they need to do a good job aren’t connected in a seamless, efficient fashion. Market research isn’t connected to design which doesn’t drive the scope of work which doesn’t help the contractor and so on.
The right hand’s got to know what the left hand is doing.
3. HOW WILL YOU HELP US FIGURE OUT WHAT OUR MARKET NEEDS IN AN APARTMENT COMPLEX?
Mostly, we listen.
We talk to you and find out what your needs, plans and expectations for the near and far future of your apartment complex are.
Next we go talk with your potential tenants. We find out what your most most logical and profitable market segment wants in an apartment complex.
Now and in the future.
We look at market surveys and projections and at our own research over the last 15 years. We look at what your competition is doing.
Then, and only then, we tell you what we think you need to build, and even what you don’t have to, to end up with an attractive and competitive property.
4. WHERE EXACTLY CAN YOU SAVE US TIME AND MONEY ON OUR RENOVATION PROJECT?
The short answer: from beginning to end.
Starting with finding out what your needs and the needs of your market are, through coherent design and a truly detailed scope of work, on to flow-chart managed time and money-saving construction, till we wrap the ends neatly up, there are countless opportunities to do it more efficiently.
For the long answer, let us sit down with you and talk.
And we’ll give it to you in dollars and sense.
5. HOW CAN YOU GUARANTEE YOU WON’T BE AN ADDED COST?
How about we guarantee it in writing.
After we sit down with you and learn about your project, we will bring you a written estimate. It will show you the difference between what you were planning to spend and what you will actually spend, and thereby save, by letting us help you manage the project more efficiently.
You will be able to see on paper, before we start, that we don’t plan to be a small added cost. But a large subtracted one......Guaranteed!
6. WHAT IF I ALREADY HAVE A RENOVATION DEPARTMENT?
Even better.
We can complement their strengths and help fill in anywhere they may not have the depth or full time personnel you need. Do they need market research, design experience, more precise cost calculations tools? Whatever. We’re here to help.
In today’s time of constrained payrolls and even leaner departments, we can fill in the gaps for them and provide the extra muscle they need, exactly when and where they do.
Think of it as your renovation department on steroids.
7. WHAT’S SO DIFFERENT ABOUT YOUR SCOPE OF WORK FROM WHAT WE’VE BEEN TRADITIONALLY GETTING?
Ours will be far more precise. You will be pleasantly surprised at the amount of detail we choose to include.
Too many scope of work’s are so short and vague they leave all kinds of wiggle room. Which all too often forces the savvy contractor to build in a cost pad for the changes he’s knows from bitter experience are bound to come.
We have found in our work that the more precisely you start, the more efficiently you finish. And the easier it is for the contractor to do the job well.
So we will spell it all out. In a scope of work that dots the “i’s”, crosses
the “t’s” and, most importantly, saves the “$’s”.
8. IF I’M A CONTRACTOR, WHAT’S IN IT FOR ME?
Plenty.
To begin with, how much easier will you breathe when you get a scope of work that actually covers the real scope of work. That specifies the exact
materials, the full design and so on. So you don’t have to guess at things and plan on time and money-wasting change orders.
Our Project Liaison will allow you, as the contractor to deal with a owner rep that knows the world you live in when it comes to construction challenges...whew, what a relief.
We’ll also shoulder some of the load of talking to the client, the designers, and etc so you can spend less time in conversations and more in doing the job.
Finally, bring us in on a project you find, you’ll get a generous finders fee.
We came from two different directions to arrive at the same conclusion: the apartment rehabbing process needs a rehab of its own.
During our time with Berkshire Property Advisers and Avalon Bay we understood the need for doing deep research into the changing markets for apartments. This research underlined the surprisingly rising expectations of today’s apartment tenants, the key differences between them from market to market, and the fact too many renovations don’t meet those expectations.
Prior to the experiences at two of the most respected REIT's in the country our team worked in the construction management and design fields planning redeveloping and constructing multi-family and mixed use properties.
With a understanding of both "sides" of the partnership (client and contractor) it became apparent that there was a big disconnect; there was not clear understanding of the goals, abilities and limits of the parties which prohibit a successful project which meant big inefficiencies and the opportunities to do things more profitably will be lost.
So, we created a common sense plan and when we put it all together, we founded Strategic Redevelopment Group as a way to do it all better from top to bottom, in less time, for less money, yielding a better, more competitive end product.
2. WHY DID THE WHOLE APARTMENT REHAB BUSINESS GET TO BE SO INEFFICIENT?
It’s not really anybody’s fault.
It’s mostly that we were all used to doing things the same old way and didn’t notice that the apartment market had changed literally under our feet.
Today, most apartment stock is over 20 years old and yet so much of the apartment market doesn’t want it renovated the same way they used to. They want lots of new higher end features And they want them fast and don’t want to pay too much for them.
To stay competitive, renovators have to jump to a new tune.
Yet so often the skills they need to do a good job aren’t connected in a seamless, efficient fashion. Market research isn’t connected to design which doesn’t drive the scope of work which doesn’t help the contractor and so on.
The right hand’s got to know what the left hand is doing.
3. HOW WILL YOU HELP US FIGURE OUT WHAT OUR MARKET NEEDS IN AN APARTMENT COMPLEX?
Mostly, we listen.
We talk to you and find out what your needs, plans and expectations for the near and far future of your apartment complex are.
Next we go talk with your potential tenants. We find out what your most most logical and profitable market segment wants in an apartment complex.
Now and in the future.
We look at market surveys and projections and at our own research over the last 15 years. We look at what your competition is doing.
Then, and only then, we tell you what we think you need to build, and even what you don’t have to, to end up with an attractive and competitive property.
4. WHERE EXACTLY CAN YOU SAVE US TIME AND MONEY ON OUR RENOVATION PROJECT?
The short answer: from beginning to end.
Starting with finding out what your needs and the needs of your market are, through coherent design and a truly detailed scope of work, on to flow-chart managed time and money-saving construction, till we wrap the ends neatly up, there are countless opportunities to do it more efficiently.
For the long answer, let us sit down with you and talk.
And we’ll give it to you in dollars and sense.
5. HOW CAN YOU GUARANTEE YOU WON’T BE AN ADDED COST?
How about we guarantee it in writing.
After we sit down with you and learn about your project, we will bring you a written estimate. It will show you the difference between what you were planning to spend and what you will actually spend, and thereby save, by letting us help you manage the project more efficiently.
You will be able to see on paper, before we start, that we don’t plan to be a small added cost. But a large subtracted one......Guaranteed!
6. WHAT IF I ALREADY HAVE A RENOVATION DEPARTMENT?
Even better.
We can complement their strengths and help fill in anywhere they may not have the depth or full time personnel you need. Do they need market research, design experience, more precise cost calculations tools? Whatever. We’re here to help.
In today’s time of constrained payrolls and even leaner departments, we can fill in the gaps for them and provide the extra muscle they need, exactly when and where they do.
Think of it as your renovation department on steroids.
7. WHAT’S SO DIFFERENT ABOUT YOUR SCOPE OF WORK FROM WHAT WE’VE BEEN TRADITIONALLY GETTING?
Ours will be far more precise. You will be pleasantly surprised at the amount of detail we choose to include.
Too many scope of work’s are so short and vague they leave all kinds of wiggle room. Which all too often forces the savvy contractor to build in a cost pad for the changes he’s knows from bitter experience are bound to come.
We have found in our work that the more precisely you start, the more efficiently you finish. And the easier it is for the contractor to do the job well.
So we will spell it all out. In a scope of work that dots the “i’s”, crosses
the “t’s” and, most importantly, saves the “$’s”.
8. IF I’M A CONTRACTOR, WHAT’S IN IT FOR ME?
Plenty.
To begin with, how much easier will you breathe when you get a scope of work that actually covers the real scope of work. That specifies the exact
materials, the full design and so on. So you don’t have to guess at things and plan on time and money-wasting change orders.
Our Project Liaison will allow you, as the contractor to deal with a owner rep that knows the world you live in when it comes to construction challenges...whew, what a relief.
We’ll also shoulder some of the load of talking to the client, the designers, and etc so you can spend less time in conversations and more in doing the job.
Finally, bring us in on a project you find, you’ll get a generous finders fee.