Services Offered
We routinely provide such advice on a more cost-effective basis than our competitors because of our extensive history in leading clients through these types of complex transactions. The following is intended to serve as a simple listing of common services provided by Step Builder, LLC.
- Introductions to market participants
- Assisting the client in real estate site selection
- Assisting the client in real estate acquisition due diligence
- Assembly of applications and accompanying task management
- Ordering third party reports from qualified service providers for services in conformity with the requirements of the allocating agency
- Pro forma review for compliance with various underwriting guidelines and requirements, including allocating agency requirements, rent restrictions, utility allowance, debt covenants
- Market Study reviews
- Regulatory Compliance
- Comparison and analysis of alternative or competing forms of financing proposals:
- Construction Loans
- Permanent Loans
- Soft Debt
- Entity formation and structuring, including deferred developer fees, hold backs, earn outs, incentive management fees, etc.
- Tax Abatement
- Termination of land use restriction agreements
- Assumption of land use restriction agreements
- Year 15 Issues:
- Transfer of partnership interests
- Asset sales
- Rights of First Refusals (“ROFR”)
- Options to Purchase
- Qualified Contract