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Case Study
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Case Study
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Case Study
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Case Study
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With almost
four decades of experience developing and managing multi-family housing,
HSI’s underlying strength is in our ability to evaluate, address,
and implement rehabilitative efforts for the properties we serve.
In fact, over the past ten years, HSI has completed over $50M of rehabilitation
throughout our portfolio (beyond the normal replacement of appliances,
carpet, etc.). This work ranged from landscape renovation to entire
building renovation; roof replacements to utility conversions. We
currently have over $30M of rehabilitative efforts underway or in
development.
Our development team possesses the increasingly necessary experience
and creativity required to balance the needs of the property and the
owners, while remaining flexible and responsive to the unique needs
of the residents without compromising our commitment to providing
quality service. Over the years we have developed relationships with
respected architects, general contractors, attorneys, consulting engineers
and subcontractors – all of which have contributed to our continued
success.
From concept, through financing and construction completion, our comprehensive
approach includes leveraging our resources from operations and accounting,
determining the extent of the rehabilitative effort, performing financial
analysis and economic feasibility, and then tapping into our network
of various industry partners for further insights depending on the
size and complexity of the rehab. We remain committed to superior
workmanship from preconstruction through administration, construction,
close-out and warranty. We can choose from a prominent list of financing
sources and general contractors that allow us the flexibility to execute
even when dealing with the most complex situations or troubled properties.
Services include but are not limited to the following:
- Site surveys and plan reviews
- Needs analysis
- Market analysis
- Financial analysis and economic feasibility
- Environmental investigation
- Pro forma development
- Budget development and administration
- Resource Selection
- Contract negotiation
- Financing
- Zoning and Permit Assistance
- Construction site assessment
- Governmental approval coordination
- Construction Oversight
- Draw administration
Whether the property requires total interior and/or exterior renovation,
reconstruction of buildings damaged by fire, water or wind, HSI is
ready to take on your challenge. We place a tremendous emphasis on
making sure construction does not inconvenience property residents
and we work tirelessly with insurance companies to help settle even
the most unusual losses.
Click on the case studies and witness our ability to gather the appropriate
resources and tackle a rehab assignment.
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