{"id":173286,"date":"2017-12-26T10:00:11","date_gmt":"2017-12-26T10:00:11","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=173286"},"modified":"2017-12-26T10:00:11","modified_gmt":"2017-12-26T10:00:11","slug":"senior-care-project-developer-commonwealth-development-seeks-new-opportunities-for-groundsup-development-and-financing","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/senior-care-project-developer-commonwealth-development-seeks-new-opportunities-for-groundsup-development-and-financing_173286.html","title":{"rendered":"Senior Care Project Developer Commonwealth Development Seeks New Opportunities for Grounds-up Development and Financing"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>December 26, 2017 &#8211;<\/strong> Commonwealth Development (CWD), a real estate development company focusing on adding value and bankrolling senior care projects, is seeking opportunities for ground-up development and financing of similar projects through a preferred equity program. The firm has put in place a robust and detailed plan that is cost efficient and woven around adding greater value to senior care projects, mezzanine and assisted living development works.<\/p>\n<p style=\"text-align: justify;\">CWD and its management partner firms specialize in profitable real estate acquisitions and development, more specifically targeting retail &lsquo;shadow-anchored&rsquo; projects and &lsquo;mixed use&rsquo; approaches. The strategy is ideal for large scale projects, including healthcare real estate.<\/p>\n<p style=\"text-align: justify;\">The preferred equity program chalked out by CWD comprises ground up construction with $2MM to $20MM, and with 87% of equity. The plan includes strong sponsors and nation-wide top markets, with 12% preferred return. The after return of capital will be split in a to be determined ratio between investor and sponsor. Programmatic equity is also available.<\/p>\n<p style=\"text-align: justify;\">CWD assists sellers in various ways, which include fair price acquisition of land, easy joint ventures, safe raw land development, fee-based management, entitlement processes that maximize value of raw land, and purchasing distressed projects and assets for re-development and creating opportunities. CWD also provides capital resources for acquiring assets, ground up development and re-development.<\/p>\n<p style=\"text-align: justify;\">The project evaluation requirements at CWD comprise a project executive summary, sponsor bio, list of recent developments, photos and case studies if available, and a feasibility\/market study that includes rental and sales components. Clients would also require a development model that includes a detailed budget, monthly cash flow from investment to disposition, and a disposition analysis.<\/p>\n<p style=\"text-align: justify;\">&ldquo;We are equipped with a strong and cost-efficient laid out plan to bankroll the development acquisition and of value added Senior Care projects. In addition, our investors can provide a triple-net lease package in the 7.0% +\/- interest only range that allows the properties bought from the operator or owner to be leased back to the operator,&rdquo; said a spokesperson from CWD.<\/p>\n<p style=\"text-align: justify;\">For more information, please visit<strong>:<\/strong> <a rel=\"nofollow\" href=\"http:\/\/www.cwdfl.com\/\">http:\/\/www.cwdfl.com<\/a><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> Commonwealth Development Land Trust<br \/><strong>Contact Person:<\/strong> Tim H. Safransky<br \/><strong>Email:<\/strong> tim@cwdfl.com<br \/><strong>Phone:<\/strong> 813-901-0140<br \/><strong>Address:<\/strong>3905 Tampa Road #2412  <br \/><strong>City:<\/strong> Oldsmar<br \/><strong>State:<\/strong> FL 34677<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.cwdfl.com\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.cwdfl.com\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.cwdfl.com\/\" style=\"width:605px; height:400px;\"><\/object><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.abnewswire.com\/press_stat.php?pr=senior-care-project-developer-commonwealth-development-seeks-new-opportunities-for-groundsup-development-and-financing\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>December 26, 2017 &#8211; Commonwealth Development (CWD), a real estate development company focusing on adding value and bankrolling senior care projects, is seeking opportunities for ground-up development and financing of similar projects through a preferred equity program. The firm has &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/senior-care-project-developer-commonwealth-development-seeks-new-opportunities-for-groundsup-development-and-financing_173286.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-173286","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/173286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=173286"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/173286\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=173286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=173286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=173286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}