Services
Depth – Diversity – Flexibility – Expertise
Developers of yesterday found that the classic entrepreneurial
attributes of risk, tolerance and drive were the keys to success. Today,
the real estate world demands that entrepreneurial developers also demonstrate
a high level of sophistication and a strong understanding of the market
conditions, finance and the entitlement processes about the real estate
projects, which they are developing.
Whether serving as a full-service principal, partner, manager or broker, Maxcy Development Group leverages its combined 100+ years of development experience with the proficiency of its professionals on every aspect of the development process, from vision to execution, handling all aspects of horizontal and vertical development for residential, commercial and mixed use real estate projects.
Workout / Advisory Services
When a real estate project finds itself in distress, Maxcy Development Group has the experience and resources to identify all of the issues that plague an asset. This enables Maxcy to develop and implement a strategy to maximize the financial return to its owners or investors. Maxcy’s expertise stems from Mr. Lerner’s extensive experience working on distressed real estate over the passed 25 years of his career. In the current downturn, MDG has established itself as a leader in distressed Florida real estate by leveraging its knowledge of the marketplace and relationships with major financial institutions.
Maxcy has developed a workout practice focused on distressed Community
Development Districts (CDDs) throughout the state. Services included
the preparation of comprehensive reports to guide bondholders through the
decision making process; leading the negotiation process between bondholders
and landowners; restructuring services; and managing land through the development
and disposition process. 
Development
Maxcy Development Group possesses a broad skill set applied to the
horizontal and vertical development processes - from acquisition through
execution - for both single-use and mixed-use projects. With an interest
and knowledge in the many types of development options, we can evaluate
a multitude of alternative land uses and evaluate the potential of both
raw land and entitled land.
Financing
Maxcy Development Group has developed long term relationships with various
lending institutions throughout central and west Florida. With the
financial strength of Latt Maxcy Corporation, MDG has the ability to create
financing alternatives based on the project economics. These relationships
have matured to the point where lenders have looked to Maxcy for assistance
with the repositioning and marketing of non-performing properties.
Land Use & Approvals
With his Masters Degree in Urban and Regional Planning from Florida State University and more than 25 years of development experience, Harry Lerner, President of Maxcy Development Group, and his team are responsible for the often difficult task of obtaining land use and development approvals for each and every project.
The approval process has historically focused on land use approvals, such as comprehensive plan and zoning approvals. It has been a long-standing belief in the development community that when the political side of the approval process has been resolved, administrative approvals were fairly automatic. Over the years, the approval landscape has changed dramatically shifting the predictability of the political process and finding more sophistication and uncertainty in the administrative arena.
Good results require exceptional work in partnership with communities and regulatory bodies to ensure a compatibility of objectives for all parties involved in the process. Approval experience includes: comprehensive plan amendments, zoning amendments, concurrency approvals, Development of Regional Impacts (DRIs), environmental permitting for wetlands, uplands and wildlife, and engineering and site plan approvals. Understanding the planning process, the municipalities and regulatory agencies involved in each approval process and having long-term, stable relationships across Florida and the Southeast, Harry Lerner is able to work for his investors and clients to ensure that the entitlements and development approvals obtained maximize the economic return of every Maxcy development project.
Maxcy has strong professional
affiliations and relationships in regards to all matters related to engineering,
permitting and regulatory approvals. The better the market, the more difficult
it is to keep the process moving. We pride ourselves on the respect we
have earned from colleagues throughout the industry, and believe that by
treating everyone professionally, we can obtain maximum output from our
consultants. Our attention to detail, problem solving and follow-up facilitate
better results for our investors and clients, avoiding unrealized mistakes
often made by the most qualified consultants.
Development & Construction Management
Maxcy Development Group brings its extensive experience to the process
of bidding, negotiating and managing development and construction contracts,
both large and small. Our experience provides an advantage
by knowing what works, who to work with and how to bring a top-quality
job to completion on a budget and in a timely manner. In today’s
escalating real estate market, an inability to control costs is a common
error of even experienced developers. Less experienced, first time
developers, in their haste to reduce costs, often hire the lowest bidding
engineers and contractors which can cripple even the most promising of
deals. Maxcy can identify areas of likely cost overruns and then
carefully monitor and manage the expenditures.
Sales & Marketing
Maxcy Development Group expertly manages sales and leasing, including:
selling lots to builders; selling developed land to large retail users;
selling 5,000-square-foot office buildings to doctors and accountants;
leasing to national and local retailers in community shopping centers;
and marketing master planned communities. Our marketing and
sales commitment values constant communication with retailers, builders,
investors, professionals and other developers through relationships and
participation in professional organizations, such as the Urban Land Institute,
International Council of Shopping Centers and National Association of Home
Builders.
Property Management
A natural extension of development and leasing is our property management
expertise. We pride ourselves on maintaining beautiful, well-maintained
projects for the benefit of our shopping center tenants and our community’s
residents. Maxcy Development Group is committed to the implementation
and management of sufficient budgets and qualified vendors in order to
provide a long-term, sustained investment for the benefit of all involved.
