Services Provided via Project Management
Real Estate Development Strategy
Main + Elm assists in the creation of and confirmation of our client’s real estate development strategy, asserting priority and impactful investment, and affirming the best use of limited resources.
Acquisition of Property
We leverage our extensive background in acquiring real estate through diverse processes such as Conservatorship, private sale, Pittsburgh Property Reserve, and the disposition processes of the Pittsburgh Land Bank, Urban Redevelopment Authority, and the City of Pittsburgh, among other methods.
Financing of Projects
Main + Elm excels in securing diverse funding for projects, leveraging local bank loans and grants such as Urban Redevelopment Authority’s Housing Opportunity Fund Program, Federal Home Loan Bank’s Affordable Housing Program, New Market Tax Credits, PHFA’s Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund, Redevelopment Assistance Capital Program, and many more, raising over $6 million recently. Our expertise covers funding for acquisition, pre-development, construction, and long-term financing, meeting strict lender requirements through thorough documentation. We specialize in preparing detailed fund applications, ensuring transparent communication and accountability with regular reporting to funders.
Design
We collaborate with architects and design teams to translate project visions into actionable plans, ensuring alignment with goals and client expectations through ideation sessions. Our management of the design process includes quality assurance, innovative material integration, and budget considerations. Project managers ensure designs meet market demands, regulations, and the project vision. Our services cover contract review, architectural design, engineering, environmental assessments, surveys, soil testing, title searches, and legal support. Main + Elm works closely with architects and contractors to refine designs and project scopes for optimal alignment with owners’ needs.
Construction
With over 55 years of combined experience, Main + Elm specializes in overseeing diverse construction projects, from residential to commercial, encompassing new builds and renovations. Their expertise lies in managing construction processes, from minor rehabs to multimillion-dollar projects. Main + Elm monitors, evaluates, and approves design and construction activities, obtains public approvals, and offers cost-efficient recommendations and market-driven changes. This comprehensive approach guarantees a streamlined and successful construction journey.
Marketing and Sales
Main + Elm collaborates with organizations like Catapult Greater Pittsburgh and LifeVenture LLC, providing full-service marketing and sales for properties. Their expertise includes guiding clients through pre- and post-homeownership counseling and finding the right subsidy for each of the potential residents. They provide strategic marketing and diverse activities such as creating materials, conducting tours, and managing agreements. We ensure a seamless experience for our clients and position ourselves as a comprehensive solution for property marketing and project success.
In addition to the above Project Management scope of services, we also offer the following:
Consulting
Main + Elm offers Consulting Services in vital strategic guidance to stakeholders involved in real estate development, in the context of community development, project and construction management, and land recycling. Leverage our experience and capacity to:
- Identify real estate development priorities, strategies, and opportunities
- Undertake initial project planning and project feasibility assessments
- Assist in building out real estate development capacity
- Provide project administrative support
These consulting services act as a vital compass, guiding municipalities, community-based organizations, and private clients through the intricacies of these often challenging, yet rewarding, ventures.
Financial Management
Our experienced financial management professionals provide comprehensive guidance and solutions tailored to the unique needs of each community development initiative, whether that’s attainable homeownership or vibrant, mixed-use real estate projects. From strategic deal structuring, application submission, and securing favorable financing terms, to ongoing budget management and financial reporting, we are your trusted partner in navigating the complex financial landscape of community-oriented real estate projects. By leveraging public-private partnerships, tax incentives, and creative financing solutions, financial management helps bridge the gap between economic feasibility and community impact.
Construction Management
Construction management services are integral to ensuring that renovations and new construction are executed efficiently, sustainably, and in alignment with specifications, drawings, and codes. These services encompass a range of activities, including construction planning, budgeting, scheduling, risk management, value engineering, and proactive quality control, coordination among various stakeholders, including architects, contractors, and local governments, navigating complex funding structures, prioritizing the hiring of local subs and workers, and minimizing disruption to existing businesses and residents during the construction process. Main + Elm’s construction managers ensure that projects are delivered on time, within budget, and to the highest standards.
General Contracting
Main + Elm maintains a general contracting license and capacity to self-perform construction depending on the availability of partner general contractors, how the budget stacks up, and in evaluation of other strategic parameters. These services encompass the management of the entire construction process, from pre-construction planning and budgeting to the execution of the build and final inspections. As the general contractor, Main + Elm coordinates with various trades and suppliers, ensures compliance with local building codes and regulations, and maintains quality standards, all while fostering collaboration among stakeholders, including subcontractors, architects, and the client.
Land Recycling
Main + Elm’s land recycling services address the challenges posed by tangled titles, which often complicate property transactions due to complex ownership situations, leaving potentially valuable land dormant and unproductive. By clarifying ownership rights and facilitating the legal process, land recycling services not only help reclaim underutilized or abandoned properties but also promote sustainable development and responsible land use. Whether it’s facilitating a sale to a new owner, transferring the title to rightful heirs, or repurposing the land for community benefit, these services transform neglected properties into productive assets, benefiting communities, promoting sustainable growth, and unlocking opportunities for future use.
