Land
“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.