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Accelerated Development Hosts Groundbreaking Ceremony for its First Industrial Project in Melissa, Texas

Development, Groundbreaking, IndustrialBy Robert Cerrone May 11, 2023

From left to right: Charbel Dahdah, Principal at Cadre Construction; Darren Pitts, Co-Founder of Accelerated Development Services; Trey Eakin, Executive Vice President of Accelerated Development Services; Jay Northcut, Mayor of the city of Melissa, TX; Dana Conklin, Councilwoman for the city of Melissa, TX; Kelly Martinez, VP of Construction for Accelerated Development Services; Ron Evans,…

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Project Financing Solutions Part 3: Stick to the Plan

Capitals, Development, InvestmentBy Trey Eakin May 10, 2023

It is important to design deals around realistic project proformas and development timelines with an adequate exit sale price & cap rate, project cost and duration cushion. Most capital partners see lots of projects and are in tune with what is going on in the market. It will add to your credibility by presenting realistic…

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Project Financing Solutions Part 2: The Wonderland of Sourcing & Structuring the Project Pipeline

Capitals, Development, InvestmentBy Trey Eakin April 13, 2023

So how do we navigate the forest of sourcing and structuring our big project pipeline? After putting in a tremendous amount of serious time and effort into our capital markets activities and over time establishing many well-conceived working capital partner relationships, we have learned a few things that are worth highlighting. For a start, some…

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Project Financing Solutions: Going Down the Rabbit Hole of Development Finance

Capitals, Development, InvestmentBy Trey Eakin March 28, 2023 Leave a comment

In my 37 years in the development business, the subject of project financing is one that comes up all the time. The discussion invariably starts out with a few good points about what kinds of capital are out there and the better alternative capital structures yet seldom leads to any clear-cut consensus on what are…

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The Last Mile: The Most Important Part of the Supply Chain

Development, IndustrialBy Robert Cerrone February 16, 2023

The COVID-19 pandemic has exposed several vulnerabilities in the global supply chain, leading to a crisis in the logistics industry. One of the most significant challenges faced by companies is the “last mile delivery” problem, which refers to the final step in the delivery process where goods are transported from a transportation hub to the…

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Accelerated Development Promotes Dave Lambert to Senior Vice President of Construction Management

Development, PartnershipBy Robert Cerrone January 6, 2023

Dave Lambert, Construction Manager and Vice President, has been promoted to Senior Vice President for Accelerated Development. Dave joined the firm in 2019. A 25 year veteran in the construction arena, Dave’s experience includes commercial and multi-family experience for projects totaling over $205 MM. “As our project base has grown, Dave will be critical to…

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Accelerated Development completes sale of Center Marketplace in Midwest City, OK

Construction, DevelopmentBy Robert Cerrone October 6, 2022

Accelerated Development Services recently completed a $6,900,000 NNN investment sale of the 13,818 square foot multi-tenant Center Marketplace in Midwest City, OK. The building is located at 5900 – 5914 SE 15th Street in Midwest City. The property held its grand opening earlier this year. Velocity Retail Group’s Dave Cheatham, Darren Pitts, Eli Castronova, and…

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