Keep decision makers informed with expert insights, advice and data
Getting the market, investors, stakeholders and funders to both understand and buy into your vision requires a tactical approach.
You need to establish feasibility, find partners and funders, build a team and delivery structure, then manage all deliverables and approvals along the way. This is no small feat.
Build partnerships and developments that deliver on your business goals with the help of our development consulting team. We deliver:
- Customized market research and reports that support buy-in from investors, funders and stakeholders
- Partnership strategies that use fair tactics for procuring and signing your ideal business partner(s)
- Studies on benchmarks and highest and best use to identify which option(s) will succeed in your market
- Design, marketing and budget coordination that maximizes efficiency, appeal, and value
- Ongoing strategic advice and guidance to your internal teams and external consultants
Make informed go / no-go / where to go decisions while streamlining partnership and financing arrangements
Our development consultants provide:
- Research that identifies suitable sites for development or redevelopment
- Detailed and standardized pro formas that analyze various development scenarios and sensitivity factors for revenues, costs, timing, absorption, funding and more
- Business cases based on current and projected market analysis that help you achieve maximum buy-in from investors, funders and stakeholders
- Development appraisals that help you secure funding and board approvals
- Regulatory compliance strategies that simplify rezoning and permit negotiations and approvals
- Deal structures that help you achieve business goals
Develop a project that delivers on your business goals
Leverage ongoing strategic advice and guidance to:
- Assemble the right consultants when you need them with strategic procurement advice
- Attract investors and obtain board approvals with a detailed assessment of financial risks and key project performance indicators
- Gain insight on your total project costs using detailed budgets for every cost from labour and materials to municipal charges, professional fees, financing costs and taxes
Navigate through various options of improved properties once they are nearing the end of their economic life
We can help:
- Evaluate various opportunities from property retention, renovation, conversion to alternate uses, intensification, redevelopment or sale
- Establish a detailed financial analysis of the risks and returns of your various options
- Calculate the potential uses that give prospective buyers an unbiased assessment of the current and future possibilities of the site
Cost estimating & pro formas
Set realistic budget and development scenario expectations and maintain them.
Reduce project risks and construction costs with sound procurement, contract and dispute resolution strategies.
Project & loan monitoring
Get peace of mind with accurate reporting on construction progress and cash flow from an independent project monitor.
Asset and facilities management
Understand the current state of your facilities and their maintenance practices so you can make asset and operation decisions.
Minimize risk and enhance control measures on infrastructure projects with impartial expert advice.
Cost Escalation Report
Accurately assess construction cost escalation by trade, for better budgeting and forecasting.
Contact a qualified professional
Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
2020 Canadian Cost Guide
Jan 29, 2020
Altus Group's 2020 Canadian Cost Guide is the leading guide to real estate development and construction project costing. Download it today.
As good as gold: opportunities for institutions to extract land value through strategic redevelopment
Jan 28, 2019
As land values climb and structures wear out, rather than simply selling their property and bidding goodbye to their buildings and land forever, more and more institutional administrators and boards would like to determine whether a redevelopment partnership may be possible to safeguard their future.
Canadian Cost Guide 2019
Jan 30, 2019
Altus Group's 2019 Canadian Cost Guide is the leading guide to real estate development and construction project costing. Download it today.
Put pro formas to work to understand and manage development risks and protect your profits
Aug 14, 2019
Rising land values and construction costs in the real estate market over the past several years are raising risks for developers, lenders and equity investors. This precarious situation requires a new approach for understanding and managing development risk – an approach with pro formas as the focus.
2018 Canadian Cost Guide
Jan 24, 2018
The Canadian real estate industry’s leading guide to development project costing.
Tariffs & Construction Costs
Oct 5, 2018
Tips to manage risks and mitigate the impact of tariffs on construction costs and your bottom line.
What happens next? Strategies and precautions for construction real estate developers during COVID-19
Apr 22, 2020
Reductions in on-site labour, temporary construction shutdowns, and new site working protocols due to the COVID-19 pandemic, will cause the real estate and construction industry to feel the effect of this virus for months, and possibly years to come. The following identifies some of the risks, and provide some guidance on key strategies that owners and developers can follow going forward.
Construction Act – New Compliance Obligations & Dispute Resolution Opportunities
Oct 15, 2018
Obligations and opportunities presented by Ontario’s new Construction Act
Stitch in time saves nine – How to use this pause in construction to save on your next development
May 12, 2020
With a desire to keep soft costs down, there is a reluctance amongst owners to invest more in the design and tendering phases of the project development. However, spending a bit more on the design team prior to construction seems to make a lore more sense, especially with millions of dollars in savings being left on the table.
Key Amendments to Ontario’s Construction Act
Oct 1, 2018
An overview of the recent and upcoming provisions Ontario’s Construction Act.
Developers’ FAQ on active projects during COVID-19 pandemic
Apr 2, 2020
Answers to help developers safely navigate the current and potential impacts of the coronavirus pandemic on active construction projects.
Opinion | COVID-19 impact on construction costs and escalation
Mar 30, 2020
What are the potential short, medium and long-term construction cost outcomes of the COVID-19 pandemic
Construction contract answers during the COVID-19 pandemic
Mar 23, 2020
Practical construction contract and schedule advice related to COVID-19 for professionals in commercial real estate, ICI and P3 infrastructure.
In the time of COVID: A snapshot of Canada’s seniors housing industry
May 29, 2020
With retirement and long-term care residences at the epicentre of COVID-19 outbreaks in Canada, owners, investors and operators are struggling to address daily operating challenges, while also trying to gain clarity about the potential impact on values going forward.
Cost plans & estimates – the most underused problem-solving tools in the construction industry?
Jun 1, 2020
Cost estimates are one of the best problem-solving tools an owner, design team and construction manager have at their disposal. However, they are often treated as a formality, pulled together for compliance, when the wealth of information that is contained is often lost and rarely fully-leveraged to the extent it should.
It’s an optimal time for converting hotel assets to multi-family
Jul 2, 2020
This is an optimal time for hotel owner-operators to determine if your properties are positioned to be winners in the marketplace that will emerge – or whether an alternative use for these assets, such as conversion to multi-family housing, might be a more financially rewarding option.
Construction cost escalation – not all sectors and trades change at the same pace
Aug 31, 2020
It’s very common for developers, contractors and consultants to estimate construction cost escalation, for all asset types and trades, based on a single number or range. This is dangerous and can lead to grossly inaccurate development budgets and forecasts, and more time (and money) spent on contingency plans down the road.
Opinion piece | COVID-19 impact on construction costs and escalation (part deux)
Sep 30, 2020
An update to Marlon Bray's March post on how the pandemic would impact construction costs and escalation on the short, medium and long term.
Need help with more services?
Connect with us and learn how we can help you see opportunities and maximize the value of your investments.
Assess the market conditions affecting the demand and supply of a local commercial real estate market.
We have been hired on behalf of all parties – including government, lawyers and property owners, and are able to back-up our appraisals with expert reports and testimony during negotiations or in the case of arbitration or litigation.
Indigenous land claim property valuation
Support your reconciliation efforts with an independent valuation backed by historical data, expert opinion and testimony at negotiation meetings.
Litigation & dispute valuation
Have a property dispute? Obtain a commercial valuation for litigation, arbitration and dispute resolutions.
Market feasibility studies
Understand the economic viability of your development by looking at the local market forces at play.
Get an accurate and independent understanding of the value of your commercial property or nationwide portfolio.
Get an accurate and independent understanding of the value of your property or nationwide portfolio.
Property tax assessments & appeals
Understand the valuation parameters, legislation and tax policy that drive your property’s assessment and tax liability.
Property tax management & compliance
Manage your single largest operating expense and remain compliant where you own or lease property.
Financial due diligence
The financial insight and transparency you need to avoid misinformed acquisitions.