Joint Ventures
We can structure ventures with Landowners who own their land with little or no debt. The land becomes the basis of the equity and we will match that “land equity” with cash to form a low risk, vertical joint venture.
As part of these joint ventures, Summit Development is able to provide reliable construction management for best-in-class industrial real estate development projects, ensuring that each project is completed on time and in accordance with building plans.
Regular weekly meetings are a cornerstone of our management strategy, bringing together all parties involved to review project schedules, address constructability questions, and manage change orders efficiently.
We also meticulously review construction loan draws, lien releases, and progress payments to contractors, ensuring financial transparency and accountability throughout a project’s lifecycle. As a project approaches completion, we coordinate with city officials to secure final signoffs and carefully address punch list items to ensure every detail meets the highest standards of quality.
Our thorough and organized approach guarantees that each project not only meets but exceeds expectations, reinforcing Summit Development’s reputation for excellence in industrial real estate development.