Bringing unfounded value to your urban development
Family Office & High Net Worth Investors
Wealthy individuals are always interested in mitigating tax liability while doing good for the communities they live and invest in. Forbes magazine in October 2012 reported how the nation’s wealthiest individuals and families have found conservation to be an excellent strategy to accomplish those objectives. However, the application has typically been rural and for private use.
Wall Street Capital Partners, harnessing years of experience in real estate and urban development has brought to bear the methodology to execute on this strategy in an urban setting.
With this in mind Family Offices and High Net Worth individuals can not only benefit themselves in some rural hide-away, but also benefit their neighbors in cities of which they live. As an added benefit they are enhancing their financial status while contributing to the greater good of their communities or the Country as a whole through the conservation of open space.
At the height of the economic crisis, many banks and developers found themselves with sites that could no longer be developed. These became anchors dragging down performance and brought some to the brink of collapse. In our Post Recession world, banks and developers are anxious to begin construction again as existing inventories in many asset classes have dwindled to new lows. However there is often a gap in the capital stack when it comes to launching projects.
For Developers it is a way to enhance the value of their project by paying for amenities that have been proven by the Trust for Public land to enhance the value of property and give projects a competitive advantage
Wall Street Capital Partners is able to provide the necessary expertise to create value by means of the restructure of certain projects to create the value needed to drive equity to the site.
Public institutions are always looking for ways to maximize municipal revenue while simultaneously bringing value to the community. In many cities the urban core has pockets of under-developed areas where revitalization could stimulate tremendous tax revenue. However developmental challenges and the need to create green space in the often has citizens at odds with developers.
Conservation Credits are a vehicle for improving public institutions, projects or communities by paying for the improvement of open space, generating revenue to enhance the open space or the revitalization of urban core through the syndication of conservation credits.
For educational Institutions it is a way for Alumni and concerned citizens to make a contribution while deriving a financial or philanthropic benefit.
Wall Street Capital Partners has developed industry best practices to bring additional revenue to gaps in the capital stack in challenged areas for development while at the same time providing green space for the neighborhood. Public Institutions benefit from being able to work in a public-private partnership with developers to accomplish urban revitalization and potentially benefit from an ongoing income stream to its coffers.