P8 Real Estate Solutions

Small-scale real estate development company. Purpose and solution driven.

Brinda Devine, Founder, Owner, CEO

Shawn Greene, Owner, Smart Realty & Investments Inc.

Real Estate Developer

     

Brinda Devine and her business, P8 Real Estate Solutions (P8) has been a tremendous help to me as I take the next steps as an emerging developer in the City of Detroit. P8 has assisted me with financial modeling for my current mixed use project in Rosedale Park, MI. Her +30 years of experience in finance helped guide me through the process of formulating a proforma that can sometimes be challenging for real estate professionals. I highly recommended Brinda as a consultant to any developer who needs to add this type of expertise to your team.

LinkedIn

Regina Campbell, President, Ginasis Construction

Real Estate Developer

     

Brinda, I wanted to take a moment to express my sincere gratitude for the invaluable support and expertise you have provided me recently. Your guidance and consultation have been instrumental in several key areas: 1. Capitalization Rate Analysis: Thank you for your assistance in analyzing the capitalization rate for a client of mine. Your expertise in assessing the risk associated with this investment has been incredibly helpful and has provided me with the confidence to make informed decisions. 2. Inclusive Entrepreneurship Support Grant: Your support in applying for the Inclusive Entrepreneurship Support Grant through MSHDA was invaluable. Your insights and advice throughout the application process have significantly enhanced my ability to secure this important funding opportunity. 3. Capital Stacking Resources: I greatly appreciate your consultation on capital stacking resources. Your knowledge in this area has helped me better understand and navigate the complexities of funding and investment strategies, allowing me to better serve my clients. Your dedication and willingness to share your expertise have been greatly appreciated, and I am grateful for the positive impact you have had on my work. Thank you once again for your support. rcampbell@ginasisconstruction.com, www.ginasisconstruction.com

LinkedIn

Detricia Talley, Executive Director, North Corktown Neighborhood Association (NCNA)

Executive Director North Corktown Neighborhood Association (NCNA)

     

I recently had the pleasure of attending commercial real estate training sessions, "Six Boxes of Real Estate Development" developed and conducted by Brinda Devine of P8 Real Estate Solutions. As the Executive Director of the North Corktown Neighborhood Association, I found this training immensely valuable for my personal development and the growth of my community. Brinda's approach to commercial real estate is both comprehensive and accessible. She possesses a deep knowledge of the industry, which she conveys clearly and engagingly. Throughout the training, Brinda was focused on imparting knowledge and ensuring that I understood the practical applications of what I learned. Her ability to break down complex concepts into digestible information was particularly beneficial for someone like me, who is relatively new to the intricacies of commercial real estate. One of the standout features of Brinda's training was her emphasis on the unique challenges and opportunities that arise within the Detroit market. She tailored the content to address specific issues that our neighborhood faces, such as property redevelopment, zoning regulations, and strategies for attracting investment. Brinda's interactive teaching style fostered a collaborative learning environment. She encouraged questions and discussions, ensuring I felt comfortable and engaged. Using real-world examples and case studies added a practical dimension to the theoretical knowledge, allowing me to see how commercial real estate principles can be applied in real-life scenarios. Additionally, Brinda's passion for empowering community leaders was evident throughout the training. She provided actionable insights on leveraging commercial real estate to benefit our neighborhood, emphasizing the importance of strategic planning and long-term vision. Overall, Brinda Devine's commercial real estate training was a truly transformative experience. It has equipped me with the knowledge and confidence to navigate the industry's complexities, and I am excited to apply what I have learned to further my development projects. I am inspired and motivated by the new ideas and initiatives that Brinda's guidance has sparked. I highly recommend her training to any community leaders or organizations looking to drive meaningful change in their communities. North Corktown Neighborhood Association (NCNA) northcorktown.org

LinkedIn
About Brinda Devine
Brinda Devine A seasoned professional in the commercial real estate industry with +30 years of experience. Specializing in asset management and development, Brinda has successfully overseen diverse portfolios of corporate real estate assets and fostered strategic public-private partnerships, particularly in higher education and non-profit organizations. 

Her commitment to community development and sustainability is evident as a co-founding member of the Women's Sustainable Development Initiative, a not-for-profit organization based in Michigan that mentors women on their commercial real estate development projects. Website, www.womendevelop.org.

Brinda is also a State of Michigan Commercial Real Estate Broker and holds an M.B.A. in Entrepreneurship and Innovation and a Bachelor of Science degree with a concentration in Finance from Wayne State University and 2024 WE Build Program Active in professional organizations, Brinda is a member of the Urban Land Institute (ULI) and serves on the ULI Small Scale Development Local Product Council committee. 

Additionally, she is a member of the Real Estate Association of Developers (READ). She is a 2020 cohort graduate of Capital Impact Partner's Equity Development Initiative and a graduate of Larson Leadership. Recognized for her contributions to the real estate industry, Brinda was featured in Crain's "50 Names to Know in Real Estate" in 2016.




P8 Real Estate Solutions
P8 Real Estate Solutions is a real estate development company driven by purpose and solutions. Our focus lies in the development of small-scale projects and cultivating public-private partnerships (P3).

We firmly believe that small-scale developments can bring about significant economic improvements in local neighborhoods, especially when approached, planned, and integrated with the community in a way that aligns with their values rather than imposing a singular vision. To us, the 'right way' entails creating project models that align with our client's financial objectives, minimize unnecessary expenses and risks, and are embraced by the community in terms of mission, design, and purpose.

Furthermore, we actively nurture strategic public-private partnerships (P3) to achieve desired outcomes. In today's ever-evolving landscape, there are opportunities to reimagine existing real estate portfolios to support new missions and objectives.
I look forward to hearing from you.


Brinda Devine
P8 Real Estate Solutions
www.p8realestatesolutions.com
Ph: (248) 219-6685
Email:  p8realestatesolutions@gmail.com, email@p8realestatesolutions.com
Small Scale Real Estate Developer

Small Scale Real Estate Developer

We specialize in thoughtful and sustainable development as a small-scale neighborhood developer with a strong focus on community. Our goal is to enhance local communities by understanding and prioritizing the unique needs of residents. Our services encompass revitalizing established neighborhoods through small-scale commercial ventures. Collaboration with local stakeholders, including residents, businesses, and government entities, is central to our approach to ensure our projects align with the neighborhood's vision and values. We also prioritize environmental sustainability by incorporating green and sustainable design principles into our projects, promoting the well-being of the community and its surroundings. Fee: Developer fee of 10% of total project development cost.

Consultant and Advisory Services - Real Estate Development

Consultant and Advisory Services - Real Estate Development

With our consultant and advisory services, you can access expert guidance and support to help you navigate the intricacies of small-scale development projects. Contact us to schedule a time to discuss your project. Per hour fee or based on contract terms.

Real Estate Development Training - The Six Boxes of Real Estate Development

Real Estate Development Training - The Six Boxes of Real Estate Development

Individual and Class formats are available. Training - The Six Boxes of Real Estate Development: The Idea Stage, Site Selection/ Due Diligence, Proforma, Capital Stack, Team Building, and Construction Ready/ Access to Capital. *2021 ©The Six Boxes of Real Estate Development, Brinda Devine, All Rights Reserved. $2,500 per student. Virtual and onsite training up to ten (10) hours of real estate development training. Training hours can be taken over one (1) week or (2) weeks.

Lease Negotiation/ Tenant Representation

Lease Negotiation/ Tenant Representation

Navigating the complexities of lease negotiations can be daunting, but with our tenant representation service, your interests will be well-protected. We excel in crafting strategic lease agreements that are aligned with current market terms, your business objectives, and financial goals. Fee to be negotiated.

Commercial Brokerage

Commercial Brokerage

Facilitating the purchase, sale, or leasing of commercial real estate is our specialty. Our comprehensive scope of asset management services encompasses: Conducting thorough searches for project site selection, identifying prime locations that align with your objectives. Skillfully managing the acquisition and disposition of commercial real estate properties, ensuring a smooth and efficient process. Expertly negotiating lease agreements to secure favorable terms that meet your needs. Providing accurate valuations of properties to help you make informed decisions regarding their value and potential returns. With our assistance, you can navigate the complexities of commercial real estate transactions with confidence and efficiency. Fee to be negotiated.

Public-Private Partnership (P3)

Public-Private Partnership (P3)

A public-private partnership (P3) represents a cooperative endeavor involving public institutions and private organizations working together to realize shared objectives. The P3 initiative encompasses a wide range of activities, including strategic planning for innovative revenue streams and cost reduction pertaining to excess or underutilized real estate assets. This collaborative effort involves overseeing and managing various tasks such as studies, assessments, budgeting, business planning, financial analysis, and associated documentation. Additionally, it involves negotiating terms and conditions, crafting development agreements, establishing long-term ground lease agreements, forming operating agreements, and addressing all other relevant documents.

Asset Management

Asset Management

Our comprehensive asset management plans are tailored to enhance the value and performance of your properties. Our scope of work encompasses various critical tasks, including: Implementation of proactive maintenance programs to ensure the long-term integrity and functionality of your assets. Constant monitoring of market trends to stay ahead of changes and capitalize on emerging opportunities. Identifying potential avenues for asset enhancement, such as renovations or improvements. Evaluation of opportunities for asset disposition, ensuring you make informed decisions about divesting or retaining properties. By offering these services, we help you make the most of your real estate investments while safeguarding their value and profitability. Fee: 5% of project/ property Revenue.

Due Diligence

Due Diligence

Commercial real estate due diligence is often overlooked or considered not important by commercial real estate buyers. But it is one of the most critical steps in any commercial real estate transaction and helps the buyer verify property information and discover potential problems or concerns. Scope of work includes- detailed market research and trends, feasibility studies, and due diligence to provide you with accurate and timely information for making informed real estate decisions. Fee: Negotiated flat fee + project related expenses

Design Website or Simple Landing Page

Design Website or Simple Landing Page

Using the provided scope and information, create a simple website or landing page. Simple Landing Page: Basic Landing Page. Simple design with limited customization, a few sections (e.g., header, about, contact). Price Range: $200 - $500 Simple Website: Custom design with multiple sections (e.g., header, features, testimonials, call-to-action, contact). Includes basic SEO. Cost: $500-$1,500. Client pays annual hosting fee sseparately.

  • Detroit, MI, USA

P8 Real Estate Solutions www.p8realestatesolutions.com working to change the world, one neighborhood at a time


Inspired by the concept of the traditional "corner store" that was once prevalent in city neighborhoods, Kornr Store seeks to recreate that experience in Detroit's historical NW Goldberg neighborhood by rehabbing its first Kornr Store, a +100-year-old neighborhood market located at 6224 16th Street. The Kornr Store model:

  •  supports existing solutions against food desserts by providing a variety of fresh and healthy food and beverage options
  •  is a neighborhood amenity
  •  has a physical, walkable location within a neighborhood footprint,  and 
  • is an economic catalyst within the neighborhood.

You can find out more about the Kornr Store development by visiting the website, Kornr Store


Kornr Store, the neighborhood market
working to change the world, one neighborhood at a time

Interview
Brinda Devine with Eve Picker @smallchange.co

Watch YouTube for for  Kornr Store Construction Highlights

Reimaging Ferry Park/ 2020
Existing Conditions Report 2020
Framework 2020