investment strategy is value driven and flexible. Our track
record and experience in the real estate world has translated
into a successful program of acquiring overlooked properties.
Our executive team has knowledge in acquisition, capital
markets, development, management, legal, architecture,
engineering and marketing of real estate. We focus on acquiring
properties that have fundamentally sound characteristics in
strong locations, within submarkets with favorable attributes.
We invest in properties that have a realizable and realistic
potential, that when coupled with conservative underwriting lead
to value maximization and highly successful outcomes.
Development Corporation achieves growth in value through an entrepreneurial
management style, flexible and creative deal structures, and
strategic thinking. Before undertaking an acquisition we
thoroughly investigate all elements of a properties attributes
including its: current or future cash flow, current and
historical financial statements, tenancies, environmental and
engineering condition, deal structure, and the assetís ability
for appreciation and success.
Development Corporation acts as both investor and active owner and manager.
As an active owner we fill the role of asset manager and
developer. Our hands-on asset management team proactively
manages properties and actively performs preventive maintenance
in order to minimize expenses and maximize profits, which helps
to uncover solutions that provide higher than market returns. To
maximize value and pay close attention to detail we manage our
Development Corporation currently has a presence in retail & industrial
properties; and is affiliated with Manhattan Management who owns
4,000 garden apartments and a dozen office buildings in NJ. By
remaining small, having an uncompromising focus, and commitment
to excellence, we believe that
is well positioned to strive in the current real estate