A Market-Leading Developer, Owner, and Operator

Durban has established robust processes which can be tailored to service all arrangements – from large, programmatic style agendas which span the country – to small, community focused projects. Our clients are confident their needs will be met in every municipality, as our diverse team has the knowledge, network, and experience to succeed in every market.

 

OUR PROCESS

BUSINESS DEVELOPMENT

Relationships are the foundation and driving force behind our business. We begin with a clear understanding of our client’s needs, work hand in hand to develop an appropriate market strategy, and efficiently execute the site procurement process.

PRE-DEVELOPMENT

Each individual project begins with a confluence of expertise from our internal teams. We meticulously review applicable codes and ordinances to design a working site plan, thoroughly analyze risks and costs to develop an appropriate budget, and gain our client’s formal approval based on a comprehensive submittal package.

DEVELOPMENT

The guts of every project – due diligence, design, permitting and entitlement. Our project managers assemble a team of qualified consultants and professionals to conduct the requisite fieldwork and back office planning. We then work to maintain the delicate balance between procuring municipal approvals and the subsequent impact on design and cost, bridging any gaps with our value engineering expertise.

PROJECT COMMENCEMENT

Upon completion and formal approval of the construction drawings, each project is competitively bid amongst a select group of qualified general contractors. Concurrently, construction financing is sourced and underwritten, legal preparation for transfer of title begins, and a construction start date is finalized.

CONSTRUCTION

Our team works diligently to manage the physical improvement process for each project. We administer the GC contract, process loan draws, coordinate jurisdictional inspections and approvals, and provide our clients with thorough progress reports. Above all else, we ensure that time and resources are appropriately allocated, resulting in the punctual delivery of a quality finished product.

PROJECT CLOSEOUT

Permits and punch lists are closed out, lien waivers are collected, as built survey work is completed, and our team implements the exit strategy specific to each project. Whether it be a capital markets disposition or a stabilized long term hold, the value of each and every asset is maximized.

Durban is an excellent team of truly passionate, dedicated real estate professionals who find creative ways to solve problems. They have done a great job for us and I always look forward to working with them.”

Ted and his Durban colleagues have worked with us on multiple projects – including as joint venture partners and fee development consultants—with a high level of flexibility, integrity, transparency, and competency. We enjoy our relationship and look forward to future projects together.”

Durban’s persistence and creativity directly affected my ability to produce many profitable real estate deals for both Family Dollar and Advance Auto Parts. The friendly, personable way in which they conduct their business makes for a partnership that is both highly effective and enjoyable. Great developers and investors, but even better people.”

We have worked with Durban on many development projects throughout the nation. The Durban team has an understanding of what we want and represent us extremely well. They have a keen sense for great sites in great locations, and understand our criteria for sites. Durban combine work ethic and integrity, with knowledge of the ‘key’ elements needed to get deals done.”

The Durban team’s persistence and ability to execute allowed us to expand into new markets quickly and efficiently. They couldn’t have been more flexible with us and were willing to help however we needed it—from consultation to complete turnkey development. These guys are good.”