Development, Investment & Advisory Services

Companies, retailers and residents are increasingly returning to the urban core to capture the value of transit access, high densities of human capital, walkability and social/recreational opportunities.  Creating real estate solutions to meet the growing demand in these markets requires a set of unique skills and tools.  Environmental considerations, public outreach, historic and adaptive re-use, and the integration of local, state and federal tax credit/subsidy programs are just a few of the challenges facing any urban development project.

 

With more than a decade of experience delivering real estate projects in cities across the US and internationally, BDP's principals have the skills, relationships and know-how to deliver transformative projects that meet the needs of the most discriminating end users.

 

Development & Investment

Advisory Services

Within our own portfolio and working in partnership with investors, property owners and tenants, BDP is a full-service real estate developer with experience delivering commercial and mixed-use projects, often with public subsidies. 

 

Representative Project Experience:

• Development of a $33M adaptive reuse project using New Markets and Historic Tax Credits

• Acquisition and repositioning of a 66-unit multifamily building to serve veterans experiencing homelessness

• Development of a social-impact financing strategy that is on pace to deliver more than 500 units of affordable housing without using federal Low Income Housing Tax Credits

• Acquisition and financing of a $14M manufacturing facility in a severely distressed neighborhood

• Successful rehabilitation of more then twenty blighted and abandoned properties using PA's conservatorship law in partnership with a social impact equity fund

 

 

BDP also provides advisory services for local governments, non-profits, hospitals/universities and others seeking real estate and community economic development solutions that can range from a single property to an entire neighborhood.

 

Areas of Focus:

• Deployment of capital into federal Opportunity Zones

• Development of community land trusts and other neighborhood housing strategies

• Campus and property redevelopment strategies for hospitals/universities

• Real estate development/asset disposition strategies for community-based non-profits

• Establishment of community-wide development organizations

• Financing strategies for integrating local/state/federal development incentives into a project's capital stack