Development
Development Criteria and Submissions Protocol:
The FrameWorks Group is a real estate investment and development company based in New York City.
The FrameWorks Group is seeking development deals with the following characteristics:
Location and Size:
We seek development opportunities within two hours driving distance of New York City.
Asset Size:
We typically seek development opportunities for communities of 15 units or more.
Deal Structure and Size:
The FrameWorks Group invests directly and in joint venture structures. We will consider single-project developments and multiple-project pools. Please contact Michael Kerris at 718-474-2867 or MKerris@FrameWorksGroup.com for additional information.
To complete a preliminary investment analysis for any development submission, the FrameWorks Group requires the following information:
- Full property description
- Market information (including sales and rental comps)
- Location map
- Architectural renderings, including project site plan, unit floor plans, building plans, and preliminary elevations
- Location map(s) showing surrounding street network and how the site relates to the area
- Aerial photographs of the surrounding area.
- Color photographs of the site and surroundings
- Pro forma
