“Underneath it all is the land.”
The essence of every real estate transaction is rights, title and interest in the underlying land. No one understands those rights better that Ackerman & Co.’s seasoned and tenured land team members. Maximizing the value of a parcel of non-income-producing land can only be accomplished by developing that parcel into an income-producing asset.
The key to this process is based on:
- Understanding the highest and best use of a property in the current market conditions.
- Understanding development potential and limitations based on entitlements (zoning, access, utilities, etc.).
- Structuring a transaction with a developer or investor with the highest probability of achieving a closing based on the purchaser’s experience, team and capital stack.