FROM LAND TO LIVING

In order for a project to be successful, multiple factors relating to the market, planning, engineering, design, costs, and so on need to be considered. Any item left behind can create major issues and affect the overall feasibility of the project. This is where we use our team of professional experts to help manage and identify potential issues before purchasing any land for development purposes. We help mitigate project risks and originate opportunities.

There is a lot involved in developing real estate products that brings a tremendous amount of risk with it. Our goal is to reduce the risk of entering into a non-profitable project by performing overall investigation in different aspects of the project, from factors affecting the use of land to building the optimal structures and market supply/demand. We do this by involving multiple professionals with different expertise to review the project early enough and having the option of not entering into non-feasible projects.

As the old saying goes, “You make money when you buy real estate and not when you sell”. Simply put, in order to make sure your project is protected, you must ensure to buy the land at the right price and under the right terms. Our knowledge and experience with over a billion dollars worth of transactions provide us with all that we need to ensure we strike the right deal for our investors and partners. We have a team of realty professionals who are constantly in touch with landowners and in tune with market prices, giving our investor partners the comfort of knowing they will never overpay or buy into the right project.

The majority of mid to large-size projects are the result of a group of investors and professionals working together for a common purpose. However, bringing everyone together is no easy task. It requires creating structure, negotiation, governance and a whole lot of systems put in place to provide each party with enough comfort to move forward. At Bayshire Properties, we understand what it takes to bring people together and we use our professional team of lawyers and accountants to create a path that provides people with comfort in creating strong joint venture partnerships or simply investing capital.

Real estate development projects are very capital intensive, and good deals are generally in price brackets that most investors can not afford without partners. The advantage of working with Bayshire Properties is that not only do we bring expertise in Realty, Planning, Engineering, Design, Construction, Sales and Marketing, but we are also very active in working with high-net-worth individuals, funds, and private equity firms that invest in real estate developments. We underwrite deals and work through the right legal structure and governance to ensure a group of investors can work together to complete a project.

In order to start a project and complete it with the highest return on investment, it is prudent to think about leveraging debt and mezzanine financing to reduce the equity contribution needed. We have built a strong network of lenders who focus on real estate development financing and can provide alternative options to the project.

As municipalities go through economic and demographic change, the need for different land uses becomes critical to the overall health of local markets. At Bayshire we work with our team of professionals in Realty, Planning and Government Relations to identify the highest and best use for land within different geographical locations and bring this valuable information to our clients and partners. We then take the process of Entitlement (changing the use of land) in order to increase the value of the asset, bring the right type of development to the community and profit to our investor partners.

Design plays an important role in the success of a project both from a buyer’s perspective and the perspective of project stakeholders. Projects need to be designed with the buyer’s wants and needs in mind while ensuring the cost of construction is in line with the expected sale price. A well-designed building to us is efficient, sustainable, well-planned and pleasing to the eye. We strive to improve our designs by working closely with our Realty partners, Architects, Interior Designers and our Construction Managers.

We always strive to find the right exit strategy for our projects, whether it's to sell the asset in an “as is” condition after the entitlement, or to sell it once the project is ready for pre-construction sales. Bayshire Properties has a sister company “Bayshire Realty” – a real estate sales and marketing firm that brings experience in marketing and sales to every project. Bayshire Realty works hand in hand with some of the best firms in real estate sales and marketing to offload the inventory in the shortest period of time at the highest potential value.

It is getting tougher and tougher to build out projects in southern Ontario due to the shortage of labour and lack of experienced sub-contractors. There are a handful of strong construction management companies that are reliable and can provide certainty in the successful completion of construction of projects. At Bayshire Properties, we have partnered up with Pomerleau and Solidgc to guarantee the success of our projects and manage the shortage of labour that most companies are faced with. We work with our construction partners to ensure our projects are built on time, on budget and within our standard of quality. We offer fixed-price contracts that provide certainty to the type of return our investors can expect in building out our projects.

Our partners in construction management (CM), Pamerleau and Solidgc, do an amazing job of ensuring all of our construction initiatives are done with the highest standard and expectations from our buyers. We have put protocols in place to ensure all repairs needed after the project are completed properly and in a timely manner. Our goal is to build a brand that stands for top quality, exceptional design and integrity.