Areas of Expertise

 

MANAGEMENT

Mark Twain said, ิ๘‡ิ๘‡ิ๘‡Itิ๘‡ิ๘‡ิ๘‡s not what we donิ๘‡ิ๘‡ิ๘‡t know that hurts us. Itิ๘‡ิ๘‡ิ๘‡s what we think we know that just ainิ๘‡ิ๘‡ิ๘‡t so.ิ๘‡ิ๘‡ิ๘‡ Despite or because of our management expertise, we donิ๘‡ิ๘‡ิ๘‡t assume we know all the answers for a given property. However, we do understand the questions that must be asked ิ๘‡ิ๘‡ิ๘‡ about investors, about tenants, about communities, about bricks and mortar, and about capital sources. Asking the right questions doesnิ๘‡ิ๘‡ิ๘‡t always give you the answers you expect, but it gives you the best chance of getting the answers you need. Questions and answers ิ๘‡ิ๘‡ิ๘‡ itิ๘‡ิ๘‡ิ๘‡s the way to give investors what they want the most: the right returns.

DEVELOPMENT

Development from the ground up is always a double-edged sword: risk and reward. Maintaining the balance between the two allows the greatest chance for success. Elements that affect balance include the political, physical, geographic, financial, community, and regulatory. Any one item can throw a project off balance. Understanding and maintaining the risk/reward ratio is what has distinguished Finard Properties and millions of square feet of real estate for over five decades. Managing risk and maximizing reward: itิ๘‡ิ๘‡ิ๘‡s what we do best.

REDEVELOPMENT

There are two critical phases of redevelopment. The first is conceiving and modeling a higher and better structure for an asset. The second phase is execution of the vision. That involves managing the process and its affect on income stream, capital sources, tenants, and the community. Finard Properties has been involved in every aspect of redeveloping a wide spectrum of projects from nineteenth century downtown high-rise office buildings to numerous convenience shopping centers as well as re-tenanting and renovating large regional shopping centers. From concept to reality is a road we know and travel well.

CAPITALIZATION

Like any other investment, real estate works only when values increase, and thereิ๘‡ิ๘‡ิ๘‡s no magic formula to guarantee that happens. Every property, and every market, is unique. Finard Properties understands how to maximize the performance of an asset within its marketplace. We understand the opportunities as well as the limitations of debt structures. We know that hard work, thorough analysis, and an unwavering commitment are the ingredients necessary for success. We are driven by one thing only: maximizing value within acceptable levels of risk.