Development
Building What Matters
Roers Companies’ developers scour the nation’s high-growth, low-inventory neighborhoods for opportunities to elevate the housing options for residents through new construction or redevelopment. Roers Cos. helps meet the demand for housing by partnering with local government agencies, contractors, banks, and investors. Through careful analysis of market trends and the financial viability of each project, our development team vets each potential building site and moves forward with those that enrich the community and support our firm’s continued growth.
Development Expertise
Opportunity Sourcing
In cities experiencing population growth and housing scarcity, Roers Cos. aims to enhance the available housing stock. We identify optimal sites for new multifamily properties that meet the deepest needs of the community — whether that’s affordable housing, active 55+ living, or standard market-rate apartments and townhomes. We then work with local partners including land owners, city councils, housing agencies, and others to initiate the property development process.
Feasibility Analysis
Once the team identifies the potential development opportunity, we begin a deep analysis of the viability of the project that includes optimal unit count to meet demand, product type, a financial proforma, and initial due diligence for the site. Our developers compile recommendations and forecasts for Roers Cos.’ investment committee to review and approve.
Entitlements
Roers Cos.’ development team works closely with lawyers, bankers, municipalities, and other key stakeholders to obtain approvals for development plans.
Funding
We rely on a variety of funding mechanisms to help bring housing to locations that can support it. This can include our stable of private investors, TIF, LIHTC, and other partnerships.
