Redev is commited to real estate income growth. This
is an opportune time for investors to capitalize on well-selected real
estate investment opportunities. At Redev, we apply a diligent and
disciplined approach to acquiring properties in excellent locations in
proven markets. We employ a first class property management team to
ensure each property produces stable income and is maintained to
maximize value.
The principals of Redev Properties have built more
than 10,000 residential units in Canada, worth in excess of ONE BILLION
dollars and has acquired and constructed numerous commercial and retail
complexes.
Redev’s focus in 2010 and beyond is commercial real
estate investment income growth.
1) Site Sourcing
REDEV is able to bid on the best properties in
Canada owing to our extensive network of contacts and business
partners. This gives us advantages unique in the marketplace. Our
connections give us access to the best-located sites, providing us with
the foundation we need to offer our investors the best returns for
their money.
2) Feasibility Analysis and Acquisition
Prior to the acquisition of any project, REDEV
invests a substantial amount of energy in our due diligence process. We
thoroughly analyze the following market factors:
Income levels and employment growth trends in the
relevant market;
Uniqueness of location;
Household growth and net migration of the
relevant market’s population;
Supply/demand ratio, competitive analysis,
sub-market occupancy and rent levels;
Barriers to entry that would limit competition;
Purchase prices and yields of available existing
stabilized communities, if any;
Locations proximity to public amenities;
Existing infrastructure and;
Proximity to downtown cores, office complexes,
shopping centres, and transit.
Redev uses a established and proven approach to real
estate selection that helps us pick the right markets, at the right
time for investment. Our approach lets us find opportunities that
others miss.
3) Due Diligence
Redev performs an extensive due diligence on all
prospective investments and only initiates a transaction after our team
has assessed the fiscal and market viability of a project.
4) Strategic, Long-Term Planning
Prior to formalizing a deal, REDEV will meet with
its consultants, agents, and, when relevant, construction companies and
financial representatives to map out the strategic and effective plan
required to ensure the success of every project we manage.
We retain organizations to:
Carry out due diligence on cash flow projections.
Prepare market overviews, projections and
outlooks.
Conduct Phase I and Phase II environmental audits
(if required).
Assemble physical property descriptions and
reviews.
Review major legal agreements
Property structural analysis
5) Construction
With over 20 years of experience, our team brings
together its top construction resources and build to
higher-than-industry standards. When construction is part of the
project Redev delivers on a timely fiscal schedule every time.
6) Project Administration
Our team of professionals has a wide range of
project management experience and is skilled at overseeing our
properties from the acquisition through to day-to-day operations. Our
insistence on maintaining the highest standards in management has made
our investment product one of the finest in the marketplace.
7) Leasing
Once we have taken over day-to-day management of a
commercial property our expert marketing team works diligently to get
the best lease rates possible from tenants, ensuring maximum cash
returns for the investor.
8) Financing
Redev has access to many financial and conduit
institutions for preferred interest rates and terms on a non-recourse
basis wherever possible.
9) Management
Redev appoints an experienced and responsible
property manager, with an intimate knowledge of the local market, to
run our projects. Redev is selective in its choice of managers. The
property manager is accountable for collection of all rents, payment of
all taxes, expense accounting, security and all other general
maintenance duties. The property manager plays a vital role in
establishing and maintaining good relationships with tenants and with
providing investors with complete and current financial information.
10) Reporting and Accountability
Redev arranges for professional Chartered
Accountants to administer our investments on behalf of our investors.
Investment blog
Commercial Property Investment
Richard Crenian's weekly observations on commercial real estate investment and cashflow. Read Here
Testimonials
“We own a number of residential properties for which we are truly grateful. However, I find it a hassle to manage looking after these properties, even using property and mortgage managers. Investing with REDEV has been a breeze because the whole portfolio is professionally managed and I simply receive a good return. In addition, it has been a great, hassle free entry into Commercial Property.” - Les Gordon, Airline Captain
“The current financial storm has had a negative impact on some of our investments – promised dividends failing to materialise. Not so with REDEV. They continue to operate well and provide promised returns.” - John Fowler, Legal Professional
“I wish I had bought more!” - C. Frost, Airline Executive
“In all my dealings with the REDEV team I have been struck by their professionalism. All team members are top-notch, intent only on delivering a great investment product in an informative, no-pressure manner.
This is the ultimate in arm-chair real-estate investing, with good returns to boot. I now own stakes in two REDEV properties and probably will add more as they become
available.” - Peter Mak, Finance Professor
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