Launched urban infill commercial development firm to acquire historic buildings in transitional but aggressively developing areas to transform them into thriving destinations for restaurant, retail, and entertainment clients. Adaptive re-use. We work with government authorities to entitle properties for highest and best use, commission architects and engineers to transform old buildings into spaces desired by today’s clients and the communities they serve, work with contractors to execute the architect’s and our vision, and then negotiate mutually beneficial leases with clients that maximize developer profits while providing a favorable CAP rate for investors. Annual revenue $400,000. Development Value $5M.
Cobalt Design Build Sell
Launched general contracting firm with an unlimited building license in North & South Carolina earning annual revenue of $2M. The firm specializes new construction homes and retail restaurant upfits in urban settings.
Coltrane Development Company/Bishop’s Legacy
Launched boutique residential development company that acquires urban distressed properties or raw land, works with appropriate government agencies to receive land entitlements for highest and best use, and design/builds architecturally compelling community of homes for sale. Annual revenue $3M. Actively manage $1M in investor funds and $2M in bank funds to finance developments.
Launched property aquisition and lease management firm specializing in low income residential rental property. Acquired 13,000 SF of distressed residential property . Homes were renovated, leased and eventually sold. Annual revenue of $1M.
Self managed restoration process and self performed general contracting services, providing environmentally safe remediation solutions
Self performed new tenant placement and property management services for 24 months.
Successfully brokered deal to sell all 13,000 SF
The Roofing Store
Launched by a desire to help the victims of Hurricane Katrina.
General contracting firm with an unlimited building license in North Carolina specializing in whole house restorations and additions, commercial maintenance projects, and residential spec new construction. Annual revenue $1M.