Investor / Equity Representation
Empire Project Management acts as the eyes and ears of the capital partner. Our Investor Representation services are designed to protect investor interests by providing independent oversight, expert analysis, and transparent reporting throughout the development lifecycle. We ensure that capital is deployed wisely, risks are mitigated, and project execution aligns with agreed-upon terms and expectations.
Our Investor Representation services include:
Due Diligence
Comprehensive review of development feasibility, entitlements, pro formas, and risk factors.
Review of Agreements
Analysis of operating agreements, development agreements, and construction contracts to protect investor rights.
Budget Analysis
Evaluation of development and construction budgets, identifying potential cost exposures and value opportunities.
Drawing & Specification Review
Technical assessment to verify scope alignment, build quality, and design intent.
Oversight of Development Partner / GC
Independent monitoring of project progress, coordination efforts, and contractual compliance by the developer or general contractor.
Field Observation & Compliance Monitoring
On-site reviews to confirm work quality, schedule alignment, and adherence to contract documents.
Documentation & Reporting
Clear, consistent updates tailored to the investor’s needs, including progress reports, financial tracking, and critical issue summaries.
Pay Requisition Representation
Review and validation of monthly developer or GC pay request to ensure they reflect actual progress, required backup is submitted, lien waivers are collected, and submit approval/authorization to client to fund.
Schedule Evaluation
Assessment of project timeline and milestones against contractual project schedule to identify performance/progress, risks/delays, and evaluation of recovery options.
Punch List Process Participation
Oversight of final walkthroughs and deficiency resolution to ensure quality standards and close-out readiness.
Project Management
Our Project Management services include:
Turn-Key Project Delivery
Comprehensive execution from concept through completion with a single point of responsibility.
Feasibility, Zoning Analysis & Programming
Comprehensive evaluation of project viability, including zoning and code analysis, site conditions, and early-stage programming to assess development potential and strategic fit.
Master Planning, Schedule Development & Evaluation
Strategic roadmap advisement, including milestone planning, Master schedule creation, schedule management to ensure timeliness and mitigation of project delays.
Budget Development and Evaluation
Budget development, tracking, evaluation, and value engineering to protect financial goals.
Quality Assurance & Compliance
Monitoring of workmanship, adherence to specifications and building code, enforcement of delivery per contract drawings.
Project Accounting & Estimating
Financial oversight, cost estimating, and reporting to maintain transparency and control.
Procurement of Design Team and Consultants - Contract Review and Strategy
Advisement on delivery models, Architect/Engineer & consultants RFP facilitation and proposal solicitation, proposal and price validation.
Contract & Change Management
Review of A/E & GC contracts, advisement on suitable contract types, SOV format and inclusion, change order clauses, schedule & liquated damages clauses, etc. Review of change order submissions to ensure validity and impact mitigation.
Work Letter Review and Tenant Coordination
Review and advisement on tenant work letters to align landlord and tenant responsibilities.
Occupancy, Relocation Management & Decommissioning
Decomissioning management to ensure vacancy and exit per lease obligations.
