Real Estate Investment, Development, and Consulting
Complexity is Our Specialty
What We Do
Adaptive Reuse Development
We are actively engaged in the acquisition and adaptive reuse of abandoned or otherwise underutilized historic mill, factory, office, hotel, warehouse, and apartment buildings.We are particularly interested in historic buildings with structural deficiencies or environmental hazards requiring remediation, abatement, and restoration.Ideal properties are located in or adjacent to urban areas and sized from fifty thousand to one million square feet.
Tax Credit Leverage
Our expertise in securing tens of millions of dollars of federal, state, and local tax credits and abatements brings substantial new sources to your traditional capital stack. Many of our privately-developed projects obtain greater than 90% of their funding from a patchwork of public sources--municipal, state, and federal.Our tax credit projects have utilized private activity bond financing (PAB), Low-Income Housing Tax Credits (LIHTC), New Markets Tax Credits (NMTC), Historic Rehabilitation Tax Credits (HTC/HRTC) Opportunity Zone Tax Credits, low-interest EPA Brownfields revolving loans, private, state and municipal grants, and soft debt from public and private lenders.
Historic Tax Credits
We have obtained tens of millions of dollars of federal and state historic rehabilitation tax credits on dozens of properties across the country.We take a proactive approach in working with the National Parks Service and state historic preservation offices to head-off potential issues before they arise, saving projects months of valuable time and expense. When necessary, we engage historic consultants and environmental engineers at negotiated rates to lend expertise and prepare documents including Parts 1-3, Section 106, and NEPA.
Government Relationships
We cultivate and maintain relationships with key decisionmakers in municipalities, counties, and state agencies during all stages of project development--from site selection to certificate of occupancy straight through into the operational period.The value of personal relationships--not only with mayors, county executives, and agency heads, but with also mid-level managers--streamlines project timelines, minimizes costs, limits unforeseen risk, and provides an early warning of potential issues.
Adaptive Reuse Development
We are actively engaged in the acquisition and adaptive reuse of abandoned or otherwise underutilized historic mill, factory, office, hotel, warehouse, and apartment buildings.We are particularly interested in historic buildings with structural deficiencies or environmental hazards requiring remediation, abatement, and restoration.Ideal properties are located in or adjacent to urban areas and sized from fifty thousand to one million square feet.
Tax Credit Leverage
Our expertise in securing tens of millions of dollars of federal, state, and local tax credits and abatements brings substantial new sources to your traditional capital stack. Many of our privately-developed projects obtain greater than 90% of their funding from a patchwork of public sources--municipal, state, and federal.Our tax credit projects have utilized private activity bond financing (PAB), Low-Income Housing Tax Credits (LIHTC), New Markets Tax Credits (NMTC), Historic Rehabilitation Tax Credits (HTC/HRTC) Opportunity Zone Tax Credits, low-interest EPA Brownfields revolving loans, private, state and municipal grants, and soft debt from public and private lenders.
Entitlements and Permitting
We start early in the pre-development process, developing relationships to ensure timely receipt of planning, zoning, permitting, and other entitlements.Complex processes involving public comment and multiple regulatory entities with simultaneous jurisdiction are our specialty.Whenever necessary, we obtain and manage local land use counsel.
Public Policy
We utilize our extensive professional experience as developers of large, complex, challenging real estate projects to advocate for beneficial changes to laws and policies affecting the availability of affordable housing and the preservation historic buildings.We leverage both our experience in government and empirical research to effect the policy outcomes that our clients (and our own projects) demand.
BlevDev LLC is part of the Blevins Investment Group LLC family of companies.© 2008-2024 Blevins Investment Group LLC | All rights reserved
Contact Us
BlevDev LLC is part of the Blevins Investment Group LLC family of companies.© 2008-2024 Blevins Investment Group LLC | All rights reserved
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