In addition to new development, LCOR seeks acquisition and redevelopment opportunities. Repositioning or otherwise adding value to existing assets is one of the company’s core strengths, based on our long history as a successful developer, investor and asset manager. LCOR also provides third-party residential and commercial property management services.

Clients include institutional investors and lenders; corporations; private owners and investors; educational institutions; and local, state and federal agencies and authorities. LCOR creates and enhances real estate asset-values by maximizing quality, utility and return on investment. In specific situations, we participate as a principal or "prime contractor."

Fundamentally, LCOR is engaged in these activities:

Development and Design/Build Services

Structuring and implementing development and financing partnerships is LCOR’s specialty. With a proven methodology and a comprehensive approach, no detail escapes our eye. Finance and financial structuring, engineering and design, construction management, community outreach and ongoing operations considerations all figure prominently in the LCOR approach.

For each project we assemble the best-suited team. In the early phases of land use, zoning and site planning, we identify and acquire needed government approvals and work with the local community to build consensus. Our thorough, flexible process virtually assures that any project deemed feasible will deliver on its investment goals and other expectations.

Investment Management, Including Financial Analysis

LCOR typically is an owner and investor in the real estate properties it develops. Thus, we share our partners’ motivation to create places that succeed economically as well as intuitively, and succeed long term. In addition to seeking public-sector development opportunities, we offer private partners, principally institutional lenders and investors, opportunities to share in the firm’s development, ownership and operations success.

Our decades of experience in investment management and project finance, coupled with day-to-day involvement in the financial markets, well serves our clients and partners... who benefit from the options and approaches we’re able to identify and execute relative to land acquisition, construction, permanent financing and equity. We have particular expertise in structuring and implementing lease transactions, evaluating alternative capital sources, financing projects and developing project business plans.

Residential and Commercial Property Management

Operational efficiency is critical to creating places and projects that succeed. LCOR’s attention to every aspect of property and facility management ensures their high performance. Tenant relations, retention and marketing programs; rent collection, staffing and training; and community maintenance and landscape management are among the services LCOR provides.

LCOR’s property marketing savvy is well demonstrated. We adapt proven techniques to each and every challenge, maximizing profitability with powerful marketing strategies. (The firm is especially sensitive to the negative impact of non-leased space.) Our extensive market research network senses and interprets trends early and accurately. We quantify market demographics and qualify targeted users and their preferences... assembling data to ascertain micro-market price sensitivities, existing real estate perceptions, and potential future trends.

Asset Management

LCOR’s asset management expertise assures that project data and development alternatives are clearly and concisely presented for client consideration and decision-making. Comparative market values, market demographics, rental rates, project analyses, construction costs and pro forma financial analyses all are provided, communication is consistent and ongoing, and investment and operating plans are regularly reviewed and evaluated.