MRC is the leader in Market Feasibility. Required by lenders and investors, Market Feasibility is at the core of the underwriting risk in that it establishes the most basic element required for all real estate investments, which is market opportunity. MRC approaches every project as a unique assignment and situation. We are hands on providing complete review of the project. MRC is not a data aggregator or retailer. We are boots on the ground experts with consultant, equity, lender and sponsor level experience in development backed by over 35 years of successful underwriting nationwide.
Learn MoreIntelligent planning of a next location for development or acquisition is essential. MRC can work with our clients to identify new opportunities based upon location, product and market analysis that meets the client's platform. The next step is site evaluation where our team can assist in the site analysis including critical factors such as market, site impact (engineering, etc.), entitlements and other cost and or time factors that can impact a decision.
As experienced Developers and Builders, MRC has a deep background in all aspects of the Development Process and can assist in all or specific aspects of the process. Team Assembly Proforma & Financial review Risk Review Capital Formation Process Checklist Best Practice Checklist
The MRC Team has deep experience in all aspects of construction. This service offers all levels of construction assistance from planning to actual construction management consulting. The complexity of construction can be overwhelming with so many factors of concern such as contract management, RFI's, submittals, construction review, OAC's, pay-aps and change orders. Contractors hide costs and owner exposure in qualifications and exclusions and unless an owner knows the details of construction, they have no idea what their exposure is. MRC assists clients by identifying potential issues early through red-line reviews and GC contract review, and then staying on top of this process during construction. This service can be tailored to meet the Developer's needs.
Learn MoreThere is a difference between attorney legal process and business legal process. Overlooked in legal reviews is the practical business application of the GC contract. There are business areas where GC challenges will occur that a contract simply does not address adequately and as a result a Contractor leverages these ambiguities to their benefit. While the Contractor knows that your reading of the contract may be correct, they take advantage of the ambiguities in the language by knowing you have to file a claim to prove it, which due to time and money the owner is not likely to do. As a result, the owner is exposed to unnecessary costs and delays. MRC knows where these battles will occur and how to be prepared for them through a business review of the Contract.
Given MRC's vast experience, our team is routinely asked to consult with challenging assets. These assignments normally focus on new Asset Acquistions, Underperforming Asset evaluations and/or market transition issues. Our team helps to identify key challenges, solutions and paths forward to protect the investment and plan for the future. This includes review of the product, the market and the leasing and management team/execution. MRC has a deep bench of vendor/consultant talent to bring into a project for specialized issues.