Increased housing inventory as new developments hit the market.2.

Here’s an example of one of our current developments:- A development with 7,190 total linear feet could accommodate 119 homes on 60 ft lots.

Zoning Ordinance ExceptionsSome properties in the target zone don’t meet the minimum lot area or width size requirements under the zoning ordinance, yet houses exist on smaller-sized neighbor lots.How could these properties get approval for development?

.- Current owners purchased many lots and they haven't developed them.

They prioritize personal development.

Heya Ethan.I've completed 7 secondary suite renovations/developments now and it is extremely difficult to do a true BRRRR where you pull every dime back out again after you refinance.

The buyers had invested a lot into the deal (~$100M) and purchasing the property was critical to complete their development.

Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

Developers will not be able to get these bonus building permits without providing such TDR credits.