DEVELOPMENT SERVICES
Build with an owner’s advocate
Construction is where mission-driven projects gain — or lose — their margin. MRC serves as owner’s representative for nonprofits and community developers, protecting budget, schedule, and compliance from pre-development through closeout.
Why pair owner’s rep with your financing advisor
Tax-credit projects carry obligations conventional projects don’t: draw procedures tied to loan agreements, compliance reporting, use restrictions that survive the ribbon cutting. MRC structures these financings — so MRC knows exactly what the construction phase must protect. One advisor, accountable from term sheet to occupancy.
Scope of Services
Pre-development — Feasibility, site strategy, budget development, delivery method, and assembly of the project team — architect, GC, legal, accounting.
Procurement — RFP and RFQ processes for design and construction teams, bid leveling, and contract negotiation support.
Budget and schedule control — Sources-and-uses tracking, change-order review, contingency management, and monthly owner reporting.
Draws and compliance — Lender and CDE draw packages, tax-credit compliance during construction, and audit-ready documentation.
Owner decisions — FF&E, AVL and technology systems, phasing, and occupancy planning — the decisions only the owner can make, made with full information.
Closeout — Punch list, lien waivers, warranties, and a clean handoff to operations.
Engagement model
MRC serves as an extension of the owner’s staff — typically a monthly retainer scoped to project phase, from pre-development through stabilization. For projects MRC also finances, owner’s representation continues seamlessly from the closing.
“Matthew demonstrated a strong commitment to the successful execution of capital projects, consistently ensuring they were delivered on time and within set parameters. His proficiency in seamlessly coordinating with vendors, community partners, construction contractors, and various other stakeholders was instrumental in ensuring that the projects met expectations.”
— R.P., CEO, Board Member, Civic Leader