MEET CORE REDEVELOPMENT

Core Redevelopment is one of the most experienced developers in the midwestern United States specializing in the rehabilitation and repositioning of historic and otherwise unique structures — including schools, industrial and commercial buildings, hotels and other multifamily properties — into market-rate multifamily housing:

• Dozens of certified historic tax credit rehabilitations involving hundreds of millions of dollars in capital investment.
  
• Decades of experience focused exclusively on residential real estate development, including the rehabilitation and management of more than 7,000 market-rate apartments.
  
• Expert at quickly stabilizing newly-rehabilitated residential properties.
• Expert at effectively repositioning residential properties, including transitioning properties from subsidized or rent-restricted status to market-rate rents.
• Expert at working with governments, government agencies and private parties, including charities, to structure and close complex transactions and joint ventures that involve public incentives or other forms of public support.
• Extensive experience working with urban properties where the successful interplay between residential, retail and commercial uses is critical to creating the vibrancy that drives well-balanced economic development.

Core Redevelopment’s approach to development is to remain lean and flexible, as markets and opportunities constantly evolve. Avoiding costly the large, costly infrastructures that many of its peers maintain, Core’s development team is able to assess each opportunity on its own merit and execute development plans that are responsive to the unique characteristics of the property in question, not to extraneous considerations driven by a hyper-focused business model that result in cookie-cutter developments.

Feel free to contact any of our team members if you would like to discuss a development opportunity.