Services
Comprehensive Real Estate Development and Management Services
1st & Main offers a full range of real estate development and management services tailored to meet the unique needs of each project. From handling site control and financial feasibility to construction management and asset oversight, our team manages the entire development process. We also specialize in tax credit advising, public-private partnership structuring, and have a proven track record of success across VA, NC, and SC. Whether guiding clients through the complexities of historic tax credits or overseeing multimillion-dollar construction projects, 1st & Main ensures that every phase is executed with precision and expertise.
Development Management
1st & Main is equipped to assist clients with every aspect of the real estate development process including site control, due diligence, pre-development, market analysis, financial feasibility, debt and equity sourcing, construction management, leasing, and asset management. 1st & Main can manage 100% of the day-to-day development duties.
Tax Credit Advising
1st & Main can assist with all aspects of the historic and new market tax credit process. On the front end, we work with our clients to determine tax credit eligibility and the amount of tax credit equity that can be generated. Our team can also manage the historic tax credit approval process, including Part I, Part II, and Part III certifications.
Public-Private Partnership Structuring
1st & Main has extensive experience working with local governments across VA, NC, and SC structuring public-private partnerships. We have a deep understanding of the limitations facing local governments and the innovative ways they can work with private developers to make projects feasible.
Construction Management
1st & Main has managed over $75M of completed construction projects across VA, NC, and SC. Our team is equipped to lead all efforts associated with construction oversight including budgeting, contract negotiations, pay app review, lender reporting/draws, and risk mitigation.
Asset Management
Many of our clients rely on 1st & Main for asset management services including overseeing property managers, capital improvements, tax credit compliance, investor relations and reporting, and evaluating refinance and disposition options.