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DEVELOPMENT


At Devora Realty we know that every development project is different and each client has a unique set of requirements and challenges. As developers ourselves we can help you navigate the intricacies of each step along the way. Our one-stop-shop approach means we act as a single point of contact for each step of the development process including site analysis, property acquisition, financing, market studies, marketing strategies, evaluating environmental factors, approvals, permits, physical improvements, transportation, accessibility, leasing and disposition of the asset. 


Our team is armed with an arsenal of industry knowledge and a solid network of top-notch professionals to ensure the highest quality product, a timely delivery and an aggressive marketing strategy to maximize returns. Regardless of whether your goal is to build a single-family residence, condo development or larger multi-family complex; Devora Realty is here to facilitate the efficient execution of the development process from start to finish. 

We Know Development

"Assembling a team of professionals to address the environmental, economic, private, physical and political issues inherent in a complex development project is critical. A developer's success depends on the ability to coordinate and lead the completion of a series of interrelated activities efficiently and at the appropriate time."


D|R is with you every step of the way!

Conduct Site and Market Analysis

Prepare Preliminary Pro Forma Model to Determine Purchase Price and ROI Potential

Negotiate Purchase Contract to Secure Option Rights and Begin Feasibility Period

Assemble Development Team:

Architect

Engineer

Builder

Lender

Attorney



Collaborate with Development Team to Create a Conceptual Site Plan and Determine Product Type.

Devise a Pro-forma Model For Acquisition and Construction Financing

Source Acquisition and Construction Financing

Coordinate Project Feasibility, Environmental and Appraisal Reports

Engage with Attorneys, Title Company and Surveyors (as Needed) to Conduct Title Research and Prepare Closing

Close Transaction

Coordinate with Architect and Engineer to Finalize Site Plan and Determine if Zoning Change is Required

Submit Site Plan to City and Obtain Site Plan Approval

Uncover Opportunities for Value Engineering Preliminary Building Plans

Finalize Building Plans with Architect, Engineer and Builder

Negotiate Builder Contract and Finalize Construction Bid

Submit Building Permit Application to City

Revise Pro Forma Model Based on Actual Construction Costs and Market Conditions to Determine ROI

Obtain Building Permits From City

Facilitate Pre Construction Meeting To Set Construction Timeline and Milestones

Commence Construction and Work Closely With Development Team to Ensure All Deadlines Are Being Met and Inspections are Passed

Create Marketing Strategy and Forecast Sell Out Schedule Based on Absorption Rate

Execute Marketing and Pre Sales/Sales Strategy

Negotiate Offers and Facilitate Each Transaction From Contract Through Closing

Creekside at Coronado Hills

FOR SALE

Thoughtfully designed community of 9 luxury, three story, two-bedroom townhomes. Site plan approved

Asking $1.1mm
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Arena Vista

215 Coca Cola Place, San Antonio, TX 78219

FOR SALE

AV is a ~130,000 SF fully entitled mixed use project featuring 35 Live/Work Spaces and 40,000+ sq ft of Restaurant & Retail Space

Asking $6.9mm
Coming Soon

4011 Convict Hill Rd.

Zero lot line townhome community.

SOLD
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The Meadows

711 NORTH PALEFACE RANCH ROAD

Phase 1: Gated community of 38 modern farmhouse style single-family homes in Spicewood, TX

The Legacy

1300 Mc Kie Dr

The Legacy is an urban community offering 55 luxurious two & three-bedroom townhomes

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Contact Devora Realty

Whether it's buying your first home or your next investment property, Devora Realty can help you achieve your real estate goals.