SITE IDENTIFICATION, COST BENEFIT AND STRUCTURING
Feasibility Study – Comparative Sales Analysis
Site Planning for Optimization of Best Use of Land
Budgeting of Cost to Build and Creation of Cost Schedules (Project Financial Management)
Negotiation of Agreement to Purchase Land
Site Due diligence
- Phase I Environmental Due Diligence
- Municipal Due Diligence
- Title Review
- Judicial/Litigation Due Diligence
- Physical Site Analysis
- Complete Financial Analysis Prior to Condition Waiver
Corporate Structuring
Incorporation of Holding Company – See Corporate Chart for Investment Structure
Design Build Agreement Drafting between Hold Co. and Saath Development Corporation
Financial Arrangements
Raising Investment Funds Required for Site Acquisition and Development
Securing Construction Financing
CONSTRUCTION MANAGEMENT
Negotiation and Drafting of Sub-trade Contracts
Material Sourcing
Site Supervision and Quality Control
Construction Schedule Management
Course of Construction Insurance and 2-5-10 year Warranty
Arrangement of Building Inspections and Construction Draw Appraisals
Builder’s Lien Act Holdback Compliance
Arrangement of Building Inspections and Construction Draw Appraisals
Application for Occupancy Permit
Final Inspections and Correction of Defects
Administration
Book Keeping
BUILDING DESIGN AND MUNICIPAL COMPLIANCE
Rezoning and Variance Applications
Subdivision and Strata Plan Preparation
Site Plan Finalization, Landscape Design and Municipal Bond Compliance
Development Permit Application
Building Design and Preparation of Floor Plans to Minimize Waste and Maximize Use
- Layout Optimization
- Interior Design
- Renderings
Building Permit Application
Registration of Required Municipal, Utility and Other Land Charges
EXIT STRATEGY
Project Marketing
- Real Estate Development Marketing Act compliance
- Disclosure Statement Compliance
- Pre-sale Compliance Requirements
- Deposit Protection Insurance Arrangement For Use of Pre-sale Deposits
- Project Website Design Coordination and Maintenance
- MLS Listing
- Site Tours/Open Houses
- Operation of Sales Centre
- Property Management Arrangement
Legal
- Drafting and Negotiation of Pre-Sale and Sale Contracts
- Filing of Final Strata Plan
- Legal Conveyancing of Sales
- Disbursement of Builder’s Lien Act Holdbacks
- Disbursement of Profits to Bid Company for Distribution to Shareholders
- Disclosure Statement Amendments and Distribution
Note: The detailed list above is meant to be comprehensive, however due to the nature of real estate development it is not exhaustive and any additional responsibilities required to complete a project will be addressed by Saath Development Corporation on a case by case basis. Conversely, not every project will require all the services listed above and, for this reason, the principals of Saath are willing to discuss its scope of work and compensation on all proposed transactions.