Development Services

Development Services

BOSC Development Services was formed to assist clients and partners with development and redevelopment of commercial assets.

One of our unique differences is that we are willing to invest our own capital in deals.

Pre-Development Services

  • Deal structuring for acquisitions including purchase agreement negotiation.
  • Due Diligence for new acquisitions including title, survey, environmental, property condition assessments, soil reports etc.

Development Services

Entitlements

  • CUP, PCD and Specific Plans
  • Site plan approvals
  • Variances
  • Design Review Board approvals
  • Off-Site work

A&E Coordination

  • Site layout
  • Planning Coordination
  • Elevations and design review

General Contractor Selection

  • Obtain competitive bids
  • Contract negotiation
  • Value engineering

Easement Structuring

Budgeting

  • Excel and ARGUS formats

Leasing

  • Work with leasing brokers
  • Perform void analysis
  • Negotiate LOI’s and leases
  • Develop leasing plan and tenant mix options

Asset Management

  • Positioning asset for market dominance
  • Property management oversight
  • Leasing oversight
  • Lender and partner reporting
  • Corporate and Tax Filings

Financial Analysis Services

  • Underwriting & Investment Analysis of Potential Acquisitions (All Asset Types)
  • Development Budgets, Analysis and Forecasting
  • Existing Asset Modeling, Cash Flow Forecasting, and Disposition Analysis
  • Debt & Equity Structures & Modeling
  • Argus Software Modeling, Implementation and Training Services (DCF, Asset Management & Enterprise)
  • Excel Budgets and Pro-Forma Analysis

Financing and Capital Stack Services

  • Construction Loan structure and construction draw management
  • Mezzanine Debt
  • Preferred Equity
  • Permanent financing

Public – Private Partnerships

  • Structuring a Mello Roos in California
  • Public Bonds for development

Commercial Asset Classes

Shopping Centers

  • Brea Plaza, CA – Mother’s Market/Total Wine/DSW/Chick-Fil-A
  • Laguna Hills Plaza, CA—Ross/CVS/Jack-In-The-Box
  • San Diego, CA—Ralph’s/Trader Joe’s
  • Rancho San Marcos, CA—Vons/24 Hour Fitness
  • Rancho Palos Verdes, CA—Trader Joe’s/Krikorian Theater/El Pollo Loco
  • Montclair, CA—Starbucks, Tommy’s Hamburgers, Sleep Number
  • Denton, TX—Winn Dixie/Applebees
  • Southfield, MI—Kroger/CVS
  • Coral Springs, FL—Publix/CitiBank
  • Sterling Heights, MI—Car Choice
  • Canton, MI—Car Choice / Auto Nation USA
  • Lewisville, TX—Car Choice / Auto Nation USA
  • New York, NY—6 Blockbuster Video Stores

Mixed Use

  • San Diego, CA—Retail and Live/Work Lofts

Medical Office

  • 4 projects in Southfield and Berkley, MI

Senior Housing

  • Assisted Living and Memory Care facility in Carpinteria, CA
  • Assisted Living and Memory Care facility in Laguna Niguel, CA

Markets we serve

  • Michigan
  • California
  • Florida
  • Texas

Partners

  • Coreland Companies for property management
  • REF Consulting for budgeting expertise
  • Murow CM for Construction Management

Clients

  • Steadfast Companies, Irvine, CA
  • Valley Chinatown LLC, Los Angeles, CA
  • William Beaumont Health Systems, Royal Oak, MI