Project Type: Development Advisory Services, Real Estate Financing 

Services Provided: roject Planning Budget Creation Cash Flow Planning, Capital Structuring, Construction and Long  Term Financing

Project Overview: A group of investors identified a property that they wanted to take on as their first large-scale, ground up development project. The end result was taking an existing historical property and renovating it into six condominium units while constructing four new 9-unit apartment buildings. Ascend was hired to work with the project sponsors to put together a business plan for the project, compile the team needed for construction and development, plan and update the budget, structure the forecasted operational cash flow and project returns, then secure construction financing. Ascend is currently providing on-going advisory services to the sponsor during construction as well as facilitating bank advances and budget monitoring.