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Put Our
Development Team To Work For You...
Gandolf has put together one of the most
experienced development teams in the country. Our team includes some of
the top-rated professionals in the tax credit housing industry.
CONTRACTORS
Gandolf normally
uses local contractors for each of its developments. For example, in
Bismarck, North Dakota, we used
Northwest
Contracting, one of the top contractors in the Bismarck market. They
understood the local market and brought a great group of
subcontractors to the job. In Rapid City, SD we are using
G.A. Barber Construction.
Both firms represent one of the best contractors in their market.
In some markets
where local contractors are busy or where we need to meet project
budgets and we aren't able to do this through local sources, we have
used national companies, who
enable us to bring projects in on budget. These companies also
enable us to bring in subcontractors from outside the area, as necessary, if
local contractors are too busy to meet the deadlines required by a
tax credit reservation.
ARCHITECTURAL
Robert Ready, President and Principal of
Ready Architectural Associates, Inc., of Minneapolis, has sole
responsibility for managing all facets of the company’s business which
consists of the delivery of architectural, construction management and
land planning services.
Areas of specialization include affordable housing for the frail
elderly and developmentally disabled, renovation/adaptive reuse of commercial and multi-family residential
structures, and construction management.
Additional areas of service include development planning, site
planning facility programming, space planning, land design, urban
design, and historic preservation.
Mr. Ready had extensive experience in
managing and directing all real estate development activities of the
Kensington Corporation, a company that specialized in the development
of housing for the frail elderly. He recently has prepared the
construction documents and coordinated the construction process for
over 500 affordable housing units for the Gandolf Group. He also has extensive site planning
experience with major mixed-use developments representing both private
developers and government entities. He is certified by the National
Council of Architectural Registration Board, is registered in a number
of states and is a nationally certified planner.
MECHANICAL AND ELECTRICAL ENGINEERS
Allman & Associates, Inc. of Rochester, Minnesota is an
experienced Mechanical, Electrical and Plumbing Engineering
consulting firm. They have designed over 500 units for Gandolf Group
and have been part of the Architectural team since the start.
Developers of adaptive-reuse and historic preservations projects
themselves, they understand first hand the delicate balance of
timely, cost effective, high quality design that goes into these
projects. As veterans of several thousand projects in most states
across the nation, Allman & Associates can be trusted to get it
right the first time. while meeting the client's budget, schedule
and fee criteria.
PROPERTY MANAGEMENT
Currently, Gandolf Group seeks reputable,
experienced third party management firms with extensive experience in
the management and lease up of tax credit properties. We believe that
marketing and management efficiencies can best be achieved by working
with companies that have a strong presence in, and understanding of, the
markets they serve.
A sample of the management companies we
currently use are:
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Brandon Heights Village - Bismarck, ND -
Metro Plains Mgmt
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South Glen Village - Minot, ND -
Minot Housing Authority
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Cottages of Henderson - Henderson, KY -
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Red Cedar Estates - River Falls, WI - Weise Mgmt
TAX CREDIT LEGAL
COUNSEL
Faegre and
Benson is Gandolf's primary outside legal counsel. The firm
offers clients 475 lawyers in a full range of practice groups, with
experience handling legal matters throughout the United States, as
well as Europe and Asia. Established in Minneapolis in 1886 as Cobb &
Wheelwright, the firm has evolved into one of the 100 largest law
firms in the U.S., with offices in Minnesota, Colorado, Iowa, London,
Frankfurt and Shanghai. From these locations, the firm has served
clients in nearly every U.S. state, and in more than 60 countries. The
firm is the second-largest law firm in Minnesota and one of the
largest firms in the Rocky Mountain region.
Numerous attorneys in the firm assist with
tax, real estate, public finance, and other aspects of affordable
housing development. Our primary contact in the firm is
Angela M. Christy, an attorney with fifteen years experience in
affordable housing who is highly regarded in the industry. Together,
with her Tax Credit Team,
Angela Christy has consulted on over 3,000 Low Income Housing Tax
Credit units.
When we have specific issues regarding HUD
policies or more technical tax credit matters we consult with
Sheldon
Schreiberg of Pepper, Hamilton,
LLP, Washington, D.C. and
Jerome A. Breed, of
Powell Goldstein, Frazer
and Murphy, LLP, Washington, D.C.
TAX CREDIT ACCOUNTING
Presently, we are using the real estate
division of Eide Bailly, LLP
on most of our projects. They are a large Midwest accounting firm with
a specialty in affordable housing.
In addition, we have used
Reznick, Fedder & Silverman who have
served as the accounting firm on some of our previously developed
projects. We have also used
Novogradac & Co., LLP on a few
of our previously projects. Both
firms are recognized nationally as industry leaders and cutting edge
in the structuring and use of Low Income Housing Tax Credits. They
are frequently consulted on LIHTC technical issues by the Internal
Revenue Service, Security Exchange Commission and
industry groups.
MARKET STUDIES
The Company retains industry experts, such
as Danter, AdMark and National
Survey Systems, for market studies as directed by state or local
agencies. Their expertise assists the Company to determine markets
where there is sufficient demand for our product.
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