Development

Milhaus is a real estate investment, development and consulting company, based in Indianapolis, that focuses on mixed-use and multi-family environments. The company delivers solutions for malls, downtowns, neighborhoods and cities by working with commercial developers, cities and non-profits to provide unparalleled expertise of mixed-use and multi-family endeavors.

Milhaus has significant experience and a highly capable team to develop and implement mixed-use and multi-family projects. We can take an ownership role, co-development role, or a development oversight role to manage the process and communicate progress to lenders, investors and owners. Our development services include the following:

Project Consideration

Property inspections
Market studies/feasibility
Land/project owner negotiations
Preliminary proforma creation

Predevelopment

Conceptual planning
Joint Venture partner negotiations
Initiate government discussions and feasibility
Hiring and managing of professionals and consultants
Detailed proforma for project;

Development

Manage architects, engineers and consultants to finalize plans
Coordinate all governmental approvals and requirements
Managing contractor selection and bidding process
Manage or assist in obtaining the construction financing and equity
Manage value engineering of project

Sales and Marketing

Take responsibility for managing sales agents and brokerage firms
Create and/or manage marketing and leasing plan for residential units
Turnkey marketing and amenity centers

Construction Period

Supervise construction, engineering and architectural trades;
Coordinate inspections
Prepare and administer construction draws
Manage contractors and subcontractors payments and documentation
Managing schedule

Asset Management

Assist in hiring and interviewing property managers
Recurring Inspections
Financial Reporting

Project Close-Out/Sale

Creating, managing and completing punch-list
Refinance
Sale of property