Fee Development

Egenbacher Real Estate offers comprehensive, turn-key Fee Development services to assist clients in managing and implementing each phase of custom development projects.
Leveraging deep industry expertise and local market knowledge, ERE’s Fee Development Service can help bring to life the development you envision.

Below are the capabilities and services typically offered during the life of a typical Fee Development project:

Needs Analysis

We evaluate our client’s needs to determine the size, project type, kind of building, and location best suited for the project.

  • Location and accessibility requirements
  • Facility square footage
  • Utility service needs
  • Building construction type

Land Acquisition

Egenbacher Real Estate assists in locating, negotiating and procuring the optimal land for the development project.

  • Assist in negotiating the land site
  • Assess available utility services
  • Evaluate current/future zoning
  • Analyze environmental conditions
  • Conduct financial feasibility analysis

Financing

ERE will help the investor secure the best possible financing for their project, from HUD programs to local bank financing.

Design Development

After conducting a Feasibility Analysis, ERE will assist with – or manage – the various components of the project’s design, including:

  • Locating and negotiating a contract with a prequalified architect
  • Design research
  • Preliminary design
  • Tenant needs analysis
  • Architecture, civil and structural engineering
  • Final design, development of construction documents, and value engineering

Entitlement Processing

Egenbacher Real Estate adds significant value to each project by demystifying the complicated process, including:

  • Managing the entitlement process from “design review” through permit issuance
  • Represents the client at any design review, planning commission or city council hearing

Construction Management

ERE schedules and manages regular construction meetings, closely monitors project progress, troubleshoots issues, and acts as the liaison to all parties involved in the construction process – from the lender to the general contractor.

Example: North Star Medical Campus

Services provided include:

  • Represented and assisted group of 22 owner physicians with turnkey development of 60-acre Class-A
    medical campus
  • Campus includes NorthStar Surgical Center, Cardiologists of Lubbock, Lubbock Heart Hospital, Avero
    Diagnostics, Sightline and additional medical office building space
  • Organized financial structuring of deal
  • Located & negotiated the purchase of land
  • Supervised engineers and architects on project design and development •Conducted weekly on-site inspections, as well as provided weekly progress reporting

Example: Windsor Creek Apartment Complex

Services provided include:

  • 208-unit, Class-A gated community
  • Located & negotiated the purchase of land
  • Secured change in zoning
  • Contracted a market feasibility study to determine highest & best use of property
  • Worked with HUD to secure financing with a 40-yr, fixed rate 222d4 loan with no personal liability
  • Actively supervised contractors, including conducting weekly on-site inspections, as well as provided
    weekly progress reporting
  • Secured 100% leasing of the property