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Project Development
The DevMan Company, L.C. has more than twenty-six years experience in developing medical facilities in Arizona. Whether projects are owner occupied by a partnership of healthcare professionals or developed for a major healthcare institution or individual investor, no other Arizona based company can match the superb and competent client services provided by DevMan. A solid history of successful medical projects has made DevMan the most sought after medical property developer in Arizona.
Client Services
·Feasibility Analysis
·Property Acquisition
·Legal and Financial Guidance
·Design and Construction Oversight
·Project Coordination |
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Comprehensive Project Development Services
If your future opportunities in healthcare include the need for new facilities,
let the experts at the DevMan Company, L.C. put their years of experience and unchallenged integrity to work for you. Whether you want to build on vacant land or acquire and remodel an existing building, our services can help maximize your project's value by saving you precious time and money. Our expert advice and counsel can assist owners at every stage of development. Our careful attention to detail and our follow-up procedures are applied from development of the initial concept through occupancy of the completed building.
Our clients enjoy a high level of trust and confidence when working with DevMan. No matter what the state of the overall real estate market has been during the last two decades, the DevMan Company, in partnership with its client owners, has never developed a financially unsuccessful building. You can enjoy such confidence too, when you put our team of experts to work for you. We can provide the following services:
Feasibility Studies
Accurate feasibility studies based on solid information are the key to successful property development. DevMan has the capability to gather and analyze data, then formulate and forecast a project's potential economic feasibility. Such analysis will inform the owner of required rental and occupancy rates, ground lease parameters, if appropriate, cash flow requirements and related expenses. Before any type of healthcare real estate project - large or small - gets underway, a wise owner will benefit from a careful feasibility analysis prior to any decision to build or buy.
Property Acquisition
The DevMan Company can confidentially acquire land, through purchase or ground lease, for clients. We also can acquire existing buildings, should this option prove more attractive.
Legal and Financial Guidance
DevMan experts provide business guidance for our client's legal counsel in structuring the legal ownership entity for the project and in maximizing client protection throughout the planning and construction phase. In addition, we provide information and advice for drafting appropriate legal documents. Securing favorable financing is a major service DevMan provides. Our staff investigates available sources of financing, assists in negotiating terms and provides all necessary follow-up required for the successful funding of the loan.
Design and Construction
DevMan assists clients with the selection of an architectural firm. We work with the architect to design facilities that are within budget constraints and are sensitive to operational considerations such as energy efficiency, as well as costs for repair, replacement and maintenance. We also assist with the selection of a contractor and we monitor the project throughout the construction phase. DevMan also acts as an interface between tenants and the architect and contractor, helping to design and build out suites to maximize the tenant's space improvement allowance.
Project Coordination
Serving as our client's representative, members of the DevMan team represent the project owner when dealing with legal counsel, accountants, lenders, utility companies, city and county government agencies and other institutions. We schedule periodic meetings with our clients to assure their input into all appropriate decisions and we coordinate all details of the project development from concept to an orderly occupancy of the completed building.
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