Explore our family of companies:
By mastering evolving technology and continually improving our process, our leadership in the industry becomes stronger and highly regarded. We are setting new standards in development construction and design.
Our real estate investment team has well-established relationships with numerous private and institutional partners and lenders. Our first priority is to preserve the equity and debt capital entrusted to us, and ultimately to deliver reliable cash flow and above average risk-adjusted total returns to our partners.
At any given time, the firm maintains an extensive pipeline of development opportunities representing over $1.0 billion+ or 5,000+ units across our key markets. Our expansive list of partners includes high-profile family offices, private equity firms, insurance and high-net worth individuals
Our real estate investment team has well-established relationships with numerous private and institutional partners and lenders. Our first priority is to preserve the equity and debt capital entrusted to us, and ultimately to deliver reliable cash flow and above average risk-adjusted total returns to our partners.
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Through the years, PROSPECT has fine tuned its approach to the key development components – site selection, entitlement, design, solid financing and value generation.
The strength of our development approach is accredited to our vertically integrated platform. This unique platform allows our development team to enhance ownership and control over all pre-development and development services while providing a seamless experience for our investors.
The strength of our development approach is accredited to our vertically integrated platform. This unique platform allows our development team to enhance ownership and control over all pre-development and development services while providing a seamless experience for our investors.
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With a 25+ year track record of constructing and renovating multifamily communities nationwide, our team has valuable insight related to multifamily design. Experience is essential in multifamily and mixed-use design.
Every community is different, but some truths remain the same. Our design partners offer architectural and engineering services embracing local architectural preferences, while designing sustainable communities that are cost effective to construct and maintain.
Every community is different, but some truths remain the same. Our design partners offer architectural and engineering services embracing local architectural preferences, while designing sustainable communities that are cost effective to construct and maintain.
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It’s necessary to establish harmony and good co-ordination between the procurement team as well as good co-ordination with other departments within the organization to serve all production centers.
At PROSPECT, we hold various wholesaler licenses on lumber, appliances, HVAC equipment, cabinetry, countertops and flooring. Through our wholesaling and warehousing capabilities, our development team can mitigate supply chain issues and overall product cost escalations.
At PROSPECT, we hold various wholesaler licenses on lumber, appliances, HVAC equipment, cabinetry, countertops and flooring. Through our wholesaling and warehousing capabilities, our development team can mitigate supply chain issues and overall product cost escalations.
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Construction is the cornerstone of PROSPECT’s success. Unlike other vertically integrated developers and contractors, we own and operate many of our own construction trade businesses.
Our vertically integrated group of companies allows us to control various trades, quality in workmanship and allows us to accelerate construction schedules while minimizing costs.
Construction is the cornerstone of PROSPECT’s success. Unlike other vertically integrated developers and contractors, we own and operate many of our own construction trade businesses. Our vertically integrated group of companies allows us to control various trades, quality in workmanship and allows us to accelerate construction schedules while minimizing costs.
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Prospect owns and operates several core business that provide a competitive edge in the development and construction landscape. Our vertically integrated group of companies allows us to enhance ownership and control, mitigate supply chain issues, maintain quality in workmanship and accelerate construction schedules while minimizing cost.
Corporate Social Responsibility
Employee Recruitment and Careers
It’s important for our team to understand that learning and experimenting are both safe and expected. The PROSPECT learning culture reflects an organization that values and has norms around learning. In particular, our culture encourages our people to improve their knowledge, skills and abilities, or KSAs, in order to better themselves for the organization - learning permeates the culture. PROSPECT has developed a learning platform, PROSPECTED, that provides our employees the ability to continually adapt, and continuously improve through specialized training tied to a specific job leveling matrices. By combining job levels with competencies in one view, we give our people clarity on the path ahead. Whether you are a construction industry long-timer or just starting your career, training classes are tailored to your role and needs. The following categories of training are in place to ensure all employees are offered the same level of opportunity and colleague skillset.
Online training - Every field employee has access to our learning platform and the thousands of classes included in it. Content areas are comprised of construction-specific training from University-caliber instructors, Leadership and Management, Project Management and Operations, Personal Development and many more. Depending on their role, a prescribed learning module is assigned to help with their advancement, leading to skills for potential promotion. Additionally, their managers may suggest situation specific training unique to their job site, or personalities present.
In-person training - PROSPECT hosts annual leadership training summits for office and executive staff. These training events cover topics such as: budgeting, buyout, contract negotiations, client relationship management, conflict resolution, personality assessment, group dynamics, inspirational leadership, and emotional intelligence. Additionally, our senior field personnel offer on-the-job mentoring covering topics such as: windows and doors, roofing, structural wood framing, foundations, slabs, and footers, finishes, OSHA regulations, weekly “toolbox” safety talks, and much more. We collaborate with industry leaders to provide training and to overcome critical path obstacles. One such collaboration is our rollout of the RedTeam project management software suite. New hires are taught how to make full use of the software to streamline field operations for all subcontractors and vendors.
ProspectED Training Platform