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