|
Every property has a highest and best use at a given time. The buyer who can accurately discern what this function should be and then bring that use about can realize the highest benefit from land ownership. As part of a diversified, full-service real estate investment and brokerage organization, our land division has the benefit of in-depth research, marketing presence, development joint-venturing, and affiliated brokers for deal finding and sales.
A crucial element of our acquisition analysis is the establishment of an exit strategy realistic for that property. This process may include:
- site planning and architecture
- researching demographics and patterns of land sales and usage
- experienced intuition from our acquisition professionals
In some instances, the process continues into active development of sites and even vertical construction by other Betz divisions.
Residential development property is playing a more significant
role in our current portfolio of properties and future property
acquisitions as we continue to diversify.
|