Consulting Services
Atlantic Development Consulting
PHASE 1
CONSULTING SERVICES
These services will be led directly by the CEO and/or COO for ADC
Strategy
Perform an overall Palm Beach County-specific market assessment with a focus on “needs-based vouchers” and affordable residents. This will be performed based on geographic drivers within Palm Beach County. Based on the market assessment, develop or update a housing and services strategy and align with delivery strengths specific to the region within Palm Beach County. This will provide guidance for ownership/partnership structure and management service offerings.
Ideation/Project Vetting to Project Approval
For specific project-based development in the ideation phase, the following will be performed:
A. Capital needs assessment for acquisition and renovation projects.
B. For new builds, preliminary site plan development with architects and cost estimates.
C. Perform preliminary financial analysis, including understanding funding sources and determining the need for ownership/partnership relations. Input and development of JV/SPE structures, if required.
D. Liaise with the management team to build a credible business/strategy case, including preparation of an executive presentation based on items a-c above.
E. Work with the management team to obtain all appropriate approvals.
PHASE 2
CONSULTING SERVICES
Phase 2, after obtaining approval to proceed. These services will be led directly by the CEO and/or COO for ADC.
Project Funding
Lead the development of a comprehensive Pro Forma Financial model for the following purposes:
A. Receiving credit approval and/or grant approval using any of the following funding sources: local/state grants, low-interest affordable bank loans, public bond issuance, bank credit, private credit opportunities specific to affordable multi-family, State Apartment Incentive Loan (SAIL), and/or Community Development Block Grants (CDBG).
B. Ensuring the management team understands the financial impacts.
After approval of the comprehensive Pro Forma Financial model, finalize appropriate funding sources and engage to raise capital.
Once the capital raise obtains preliminary approval from funding partners, prepare documents for the Board’s recommendation for final approval.
Once approved, liaise with external attorneys and funding partners to review and execute financial documents.
Manage the financial closing process, including overseeing the key task list to ensure successful closing with all financing constituents.
Contact Us
Have questions or need more information? Reach out to us, and our team will get back to you promptly to assist with your inquiry.
