Development and Construction
Every development project that Roy & Co. takes on is guided by a commitment to quality, a belief in hands-on management, and an understanding of how our developments influence the families and the communities we live, work and play in.
At Roy & Co., we are passionate about design, details, and operational effectiveness. Each project starts with a vision that aligns a thoughtful site plan with the ultimate needs of the end-user. This commitment to a deep understanding of each project allows a focus on project feasibility.
Roy and Co. offers a full range of development services:
- Project feasibility and research
- Site selection
- Design
- Regulatory permitting and approvals
- Construction management
- Project Management
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Two factors can play a large role in the risk of a given project: the project type and stage. The project type can determine the steepness of the risk curve across the project life cycle. One example of a project type that we work with and has a relatively low risk across all stages of the life cycle is a retail “build-to-suit” project.
For these types of projects, construction risk is low because the buildings are fairly uniform, and leasing risk is almost non-existent because the tenant is already identified and under lease with limited ability to terminate.
At the opposite end of the spectrum of real estate development projects we work on, speculative, or spect, projects can be seen as relatively high risk across all stages. In a spec industrial or office project, it might be more difficult to find leasing commitments before commencing construction.
For speculative projects, the leasing risk is high because usually there are no identified tenants at the outset but when properly managed and marketed, these projects can take flight too. That is why Roy and Company is here for you.
We can help guide the project from start to finish no matter what type of construction design you need or want in addition to all forms of real estate development. Vacant land, subdivisions, brownfield, greenfield projects, and everything in between – Roy and Company can handle it. Contact us today to learn more about what our construction design services can do for your investment opportunity.
Interested in Real Estate Investment Services?
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FAQ
After Repair Value. Learning how to properly and accurately calculate a property’s ARV is a skill that people strive for. Roy and Company has a decade’s worth of experience and are active investors in real estate. We are happy to help you calculate the ARV of any property you are looking at investing in.
The tax benefits of developing and investing in real estate are endless. There are many ways to get tax benefits from real estate development. These all come by way of deductions for things like depreciation, repairs, interest, and taxes that relate to the property.
It all depends on what the project is starting with. Is the space built or is this a new building? How much construction needs to be done to the interior if it is an existing space? Is your financing completely in order? All of these things – and more – play a large role in how long the project lasts. The key is developing a timeline and sticking to it because every day that strays from that timeline means dollars wasted.
Yes, it can not only reduce cost but also speed up the development process but it is not necessary to have a successful project. Roy and Company can help find you the ideal space if you do not already own it.
Testimonials
– Amanda Rinehart Druan
"Great company to work with. Super professional and responsive. Best choice for our properties!"
– Ryan Parker
"[Roy & Company] is great to work with and very professional!"
– Linda Raymond
“Highly recommended for your rental property needs. Very easy to communicate and quick to respond.”
– Haley M Jenerette
“Very easy to access and pay your rent and you can also download the app on your phone and get notifications so no need to worry about paying rent late.”
- Coleen Washington
"Highly recommend!! Being in the industry as a CAM myself, [they] handle issues and concerns immediately with a follow up! Doesn't get any better than that. Would highly recommend renting from [Roy & Company]."
- Benjamin Sherych
"Easy to navigate and pay and you can also get the app on your phone to make it much easier."
