MMI Development, Inc. is dedicated to the philosophy that tangible value, above and beyond the acquisition price, can and should be created in each real estate transaction. A prospective project must be able to create additional returns on investment, over and above the apparent return indicated by simply "crunching the numbers" of income in place.
Added value is created by:
1. Maximizing rents and delivering to the tenants a feeling of value received.
2. Reducing expenses, with the critical view of not undercutting service to the occupiers or diminishing the physical value of
3. Investing in the long term value of an asset by applying the most cost effective maintenance programs for a given asset's
life cycle. Repairs should
once, correctly, and with a view that the money spent should be spread over the
longest term possible.