Hourly Rate - $150-$250, depending on scope of work
Real estate development is a complex, high-stakes process that demands expert coordination, oversight, and leadership. As your Owner’s Representative, P8 Real Estate Solutions protects your interests at every stage—serving as your eyes, ears, and advocate from concept to completion.We represent owners and developers of small- to mid-scale commercial, mixed-use, and multifamily projects, ensuring alignment between financial goals, design vision, and community impact. Acting as an extension of your team, we coordinate architects, engineers, contractors, lenders, and city officials to keep your project on schedule, on budget, and aligned with your long-term objectives.
Scope of Work
1. Pre-Development & Planning
- Conduct property assessments and site walkthroughs
- Review zoning, entitlements, and city requirements
- Oversee environmental due diligence (Phase I ESA, hazardous materials)
- Prepare preliminary budgets, proformas, and financing strategies
2. Design & Permitting
- Manage coordination between design professionals and consultants
- Review drawings, specifications, and value-engineering options
- Oversee permit submissions and approval processes
- Ensure compliance with lender, grant, and regulatory requirements
3. Site & Building Systems
- Oversee demolition, abatement, and site preparation
- Coordinate utilities, infrastructure, and core system upgrades
- Review progress on roofing, HVAC, plumbing, electrical, and safety systems
4. Construction Oversight
- Lead construction coordination and progress meetings
- Track schedule and budget performance with integrated milestone reporting
- Review change orders, pay applications, and quality standards
- Maintain clear, proactive communication among all project stakeholders
5. Project Close-Out & Turnover
- Coordinate final inspections, punch-list completion, and Certificates of Occupancy
- Assist with lender draw reconciliation, grant compliance, and project closeout
- Manage turnover to leasing, property management, or operations teams
Deliverables
- Consolidated progress reports combining schedule, budget, and milestone tracking
- Action-oriented recommendations for decision-making and risk mitigation
- Centralized communication across design, construction, and finance teams
- Regular reporting and review meetings to ensure transparency and accountability
Engagement Details
- Typical Duration: 12–36 months, depending on project scale
- Meeting Frequency: Weekly or biweekly project coordination meetings with progress reports
Outcome
With P8 Real Estate Solutions as your Owner’s Representative, you gain an experienced advocate who manages complexity, mitigates risk, and protects your investment. Backed by decades of development and asset management experience, P8 brings the structure, discipline, and communication needed to deliver projects efficiently, transparently, and on budget—every step of the way.
*2021 ©The Six Boxes of Real Estate Development, Brinda Devine, All Rights Reserved.
