JLAM acts as agent and advisor for investors in the acquisition of residential and commercial development properties throughout the Delmarva Peninsula. In consultation with the investor, JLAM establishes acquisition guidelines, and then seeks properties that meet these criteria. With a strong network throughout the region and deep knowledge of local markets, we review a continuous flow of property submissions. After rigorous screening, only a select few are ultimately chosen to present and recommend to clients.
After securing the investor’s approval, the JLAM staff conducts a thorough financial review of the property by examining the development potential and preparing appropriate revenue and expense projections. JLAM retains and manages the services of professionals whose expertise is required in assessing a property, including architects, engineers, and environmental experts, among other specialists. When the decision has been made to purchase a property, JLAM will negotiate the terms and conditions, within the guidelines that have been established by the investor. Once an agreement has been reached, attorneys and tax consultants are utilized in documenting the purchase and sale agreement, and in establishing the most tax-efficient holding structure.