Land Assembly

Project Details

In a dynamic real estate venture, Tal Group played a dual role in representing both buyers and sellers for a significant redevelopment project initiated by Madison Group. This ambitious project involved the transformation of six pairs of semi-detached residential buildings, boasting a total frontage of 242 feet, into a vibrant condominium complex. The proposed development comprised 399 units spanning 28 stories, reflecting Madison Group's commitment to innovative urban development.

Project Scope & Responsibilities

Identifying Redevelopment Opportunities

Collaborated with Madison Group to identify potential redevelopment opportunities on the existing site.

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Market Research

Researched and identified other proposed lands with higher density in close proximity to enhance the project's overall potential.

Neighbouring Owner Engagement

Initiated communication with neighbouring property owners to explore collaboration possibilities and suggested the most suitable type of sale, considering the interests of both buyers and sellers.

Listing Presentation

Developed a comprehensive listing presentation that effectively communicated the envisioned redevelopment opportunities to potential buyers.

Market Conditions Research

Conducted thorough research on market conditions, past sales, land deals, and pre-construction sales to inform both buyer and seller strategies.

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Offer Presentation and Negotiation

Presented offers to potential stakeholders, skillfully negotiating terms to maximize the project's overall value while ensuring satisfaction for both buyers and sellers.

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Document Gathering

Collected essential documents, including surveys and property tax records, relevant to the subject lands, for the benefit of both parties.

Due Diligence Handling

Managed the due diligence process, including site visits, and navigated subsequent contract negotiations within tight time constraints, addressing the needs of both buyers and sellers.

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Legal Documentation

Collaborated closely with legal representatives to organize and finalize all necessary documentation for a seamless transaction, ensuring the interests of both parties were appropriately represented.

Project Details

Property Type

Condominium

Units