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Development
Activities
Intervest Companies has developed numerous multi-family projects,
single-family subdivisions, office buildings, and hotels since its
inception. The principals of Intervest have the ability to leverage
relationships with other developers, architects, engineers, land planners,
and construction professionals to plan and execute a strategy for
taking a parcel of raw land and transforming it into a stable, income
producing asset. The company’s in-depth experience, market knowledge and "hands-on" business and management style has resulted in many successful projects.
Value engineering skills derived from this experience aids in bringing
construction costs down thereby lowering the cost basis of Intervest’s
investments.
Intervest’s team is also adept at obtaining the necessary approvals
and entitlements to develop a property for its best use.
Improper zoning designations,
flood plain issues or other development obstacles are removed
before ever taking title to a parcel of land for development. The
value added by this process in addition to the value of the improvements
and subsequent income that is generated has resulted in substantial
profits for the company and its investors over the years.
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