Canadian Funds
Vancouver Duplex Development with Collab Management Group
We like the duplex development opportunity given its relatively short time-line of two years. Over two years we can purchase the land, receive building permits, build and sell the units. No zoning is required. We look for larger lots on the West and East side of Vancouver. Collab Management Group is an experienced developer with years of construction management experience.
Randy Cheng is the founder of Collab Management Group.
He is a results oriented, hands-on construction and business professional with over 18 years of industry experience. Proven track record for successful completion of extensive projects through coordinating trades, developing strong relations and rapport with architects, engineers, local officials, vendors and clients.
Versed in contract negotiations, project estimating, strategic planning and implementation, materials procurement, building codes and regulations, and site management through project close-out.
Over Randy’s nearly 2 decades of experience he has managed complex multi-million dollar projects ranging from rezoning, development, multifamily, Commercial and Residential projects.
We partner with builders to develop new multifamily developments in neighborhoods needing housing in Canada and the United States.
US Ground Up Development Multifamily Investment
We work with Madison Communities in Phoenix Arizona. Maddison Communities focuses on developing 50 to 100 unit ground up multifamily developments. Madison Communities utilizes a proven, strategic approach to acquire well-positioned multifamily properties, create communities that attract an underserved millennial submarket and ultimately offer a notable investor return. Justin Britto of Madison Communities leads the company’s investment strategy in Arizona and Texas.
Justin Britto, managing principal, relies on his 12 years of commercial real estate experience to guide Madison Communities. As a relationship-driven professional, Mr. Britto leverages the vast network of industry contacts he has accrued over his career to find off-market multifamily opportunities.
Mr. Britto started his real estate career in the research depart of Marcus & Millichap (M&M), one of the largest commercial real estate brokerage firms in the country. Mr. Britto earned valuable experience at IPA, which specialized in the acquisition and disposition of institutional-quality multifamily communities on a national platform. Underwriting While at IPA, Mr. Britto assisted in the underwriting, research and marketing of more than $15 billion in real estate transactions — totaling over 30,000 units. Mr. Britto transitioned to the brokerage side of the business in 2012, joining one of Marcus & Millichap’s top teams in IPA Student Housing.
Target Markets: Phoenix and Dallas
Development Size: 50 to 100 units
Property Class: Class B ground up developments