
MMI Development, Inc. is dedicated to the philosophy that tangible value, above and beyond the acquisition price, can and should be created in each real estate transaction, A prospective project must be able to create additional returns on investment, over and above the apparent return indicated by simply "crunching the numbers".
Added value is created by:
- Maximizing rents and delivers to the tenant; a feeling of value received.
- Reducing expenses, with the critical view of not undercutting service to the occupiers or diminishing the physical value of the asset.
- Investing in the long term value of an asset by applying the most cost effective maintenance programs for a given asset's life cycle. Repairs should be made once, correctly and with a view that the money spent should be space spread over the longest term possible.
- Aquisitions must have under-utilized assets (e.g. vacant land, large vacancy factory). Which when put into production, create additional value.
Sound, proactive management applied with a sense of ownership and pride maximizes value like nothing else.
4514 Virginia Drive, Baldwin Park, Orlando, FL 32814, U.S.A.
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