Project Type: Real Estate Development Advisory
Services Provided: Site Selection, Contract Negotiation, 3rd Party Management, Project Management, Budgeting and Financial Projections, Bank Debt Sourcing
Project Overview: A small manufacturer was quickly outgrowing their current space and needed a new location to better serve the many facets of their business. The owner also wanted to purchase the new location, rather than lease, in order to build equity. Medici Associates was hired to find the new location and work with 3rd parties to design and develop the building. Medici also created the project budget and cash flow projections in order to understand how it would impact the business. Finally Medici worked with a local lender and the SBA to secure construction and long term financing for the project.