Urban Heritage Real Estate

Re-Investing in the Citys Urban Core

Urban Heritage is a real estate services company dedicated to becoming Central Ohio's premier developer and provider of development services for the redevelopment of inner-city communities. As a developer, Urban Heritage focuses on commercial and residential development and redevelopment of properties in select communities in the citys urban core. As a consultant, Urban Heritage focuses on providing its clients a comprehensive line of real estate development, investment and management services to facilitate quality development and stable financial returns. We are dedicated to providing quality, professional and affordable real estate services to small businesses, non-profit corporations and individual property owners. We are continuously working to provide each of our customers with a low cost, complete line of building development and management services, tailored specifically for each individual client, to assist them in making their built environment more habitable, productive, enjoyable and profitable. Our complete line of services include project planning, feasibility analysis, programming, design, general contracting, construction management, marketing, property management, valuation and financing assistance. In short, Urban Heritage will provide or coordinate every service necessary to bring your project from idea conception to successful and profitable completion and operation.

Real Estate Development and Planning

Project Programming, Space Planning and Preliminary Design Feasibility Study, Financial Analysis and Predevelopment Planning Project Budgeting, Site Selection, Acquisition and Development

Investment and Financial Services

Landlord Training, Investment Planning and Loan Packaging Detailed Neighborhood and Submarket Research Investment Proposals, Property Valuation and Real Estate Sales

Construction and Contract Services

Construction Planning and RFP/Bid Management Contract Planning, Documentation and Administration Construction Management and Post Construction Close-Out

Property and Asset Management

Property Selection, Building Inspection and Renovation Tenant Screening, Rent Collection and Maintenance Management Retail and Commercial Leasing, Management and Dispositions

Legal and Litigation Services

Rezoning, Zoning Variances and Regulatory Approvals Landlord Tenant Representation Litigation Support and Expert Testimony

Contact Us Today and Discover How We Can Make Your Property More Profitable!
Urban Heritage Real Estate 6172 Busch Boulevard Suite 2054 Columbus, OH 43229 Phone/Fax: (614) 885-7226 Toll Free Phone/Fax: (877) 25-Urban Web: www.25Urban.com E-Mail: [email protected]

Urban Heritage Real Estate

What We Believe

Our Philosophy
We believe that our built environment is one of the most important factors in our quality of life. Our built environment has a profound effect on how we live, feel, act, and interact with those around us. The places we live, work and play should be given as much care and attention as the food we eat and the clothes we wear. At Urban Heritage, we believe that our contributions to improving the built environment are contributions toward improving the quality of life for the people we serve and improving the world in which we live.

Our Vision
Our vision is an urban community teaming with life, vitality and opportunity for all of its citizens. We envision a community where people of all walks of life live together, work together and play together as they endeavor to live out the American creed of life, liberty and the pursuit of happiness. We work for a community in which gainful employment, decent housing, ample business opportunities, quality commercial services and appropriate entertainment are available to all who desire them. We strive for a community where all of its citizens enjoy clean safe neighborhoods, excellent schools and equal protection under the law.

Our Mission
Our mission is to serve the citizens of Columbus urban core (and eventually other cities) by creating an urban community where every individual and family has access to quality housing, safe neighborhoods and an abundance of supporting commercial services. Internally, we seek to develop quality, price-appropriate residential and commercial facilities for sale or for lease that contribute to the physical fabric of the urban core and assist in transforming neglected inner-city neighborhoods into quality urban communities. Externally, we intend to provide each of our clients with a low cost, complete line of real estate investment, acquisition, development, and management consulting services, tailored specifically to each clients property location and financial circumstances. These services are geared not just to assist them in making their built environment more habitable, productive, enjoyable and profitable, but to facilitate quality real estate investments with good stable returns.

Our Values
We believe in the intrinsic value of every human being regardless of race, religion, heritage, creed, socio-economic status or background. We believe in the American creed that each and every human being was created equal and endowed by their creator with inalienable rights to life, liberty and the pursuit of happiness. We believe that access to quality housing, commercial services, employment opportunity, clean safe neighborhoods and decent schools are integral to this pursuit of happiness. We also believe that while created equal in intrinsic value and inalienable rights, each human being (and thus, each community) was also created unique in gifts, abilities, talents, needs and desires. These differences are critical to the unique character of urban communities and make up the lifeblood of the urban center. We believe that great care should be taken to preserve the individual character and flavor of urban communities that contribute to the diverse social and economic fabric of the city.
Urban Heritage Real Estate 6172 Busch Boulevard Suite 2054 Columbus, OH 43229 Phone/Fax: (614) 885-7226 Toll Free Phone/Fax: (877) 25-Urban Web: www.25Urban.com E-Mail: [email protected]

Urban Heritage Real Estate

Our Services
Real Estate Development and Planning
The key to any successful building project is detailed, extensive and accurate development planning. For smaller developers and novice investors, we believe our services are critical. Too many building projects fail before completion due to a lack of professional planning leaving the owner financially devastated or even bankrupt. By employing a competent professional to represent you throughout the development process, you can protect your interests at every stage of the project and rest assured that you are getting the most from every professional working on your job. For the seasoned investor or experienced developer, Urban Heritage serves as a valuable consulting source for projects undertaken in urban and minority communities, especially in the areas of public relations and project planning. We have spent decades developing relationships in these communities and we know urban and minority markets better than anyone else in the business. We are eager to put this expertise to work for you.

Investment and Financial Services

Never before have so many small investors been active in the real estate investment market. And, as we have seen from the most recent down-turn in the housing market, never before have so many people been exposed to so much risk and potential for financial disaster. Contrary to popular belief, the "real estate market" is never "down" - at least not all of it. Economic turmoil in one market segment always creates opportunity and potential in another. Knowing which market segment is "in play" and being able to successfully identify the peaks and valleys of each cycle are the keys to financial success in real estate investment. At Urban Heritage, we have always known that successful market timing depends totally on thorough and accurate market research. We take pride in our extensive, comprehensive and on-going market research in every market segment we serve and we are ready to put that research to work for you as you attempt to navigate a rapidly changing investment environment.

Construction and Contract Management

Getting a development project through construction can be a daunting task even for the seasoned professional. That's why selecting the right builder for your project is critical. Helping you sort through the qualifications of your potential contractors is what our contract management service is all about. We will prepare your request for proposals, collect, review and rank the bids, interview the qualified candidates, check the qualifications, backgrounds and references of the finalists and help you select the winning bid. Once you have chosen a contractor, we will help you negotiate the final contract making sure that your interests are protected throughout the process. Finally, throughout the construction process, we can prepare and/or review all contract documents, change orders, draw requests and permits to make sure your interests are protected from initial bid through punch list completion.

Property and Asset Management

Our services include occupancy management, marketing, planning & budgeting, maintenance management, itemized reporting and legal compliance monitoring. In short, Urban Heritage can provide you with any or all of the services you need to maximize the return on your real estate investment and help you avoid the potential pitfalls of ownership. More important than just managing the physical structure, Urban Heritage manages the financial performance of your property. True real estate investment is not a get rich quick scheme. It requires careful planning and placement of your asset and accurate and detailed financial planning and analysis. We will carefully and diligently track the income, expenses, cash reserves and valuation of your property on a weekly, monthly, quarterly and annual basis. We will analyze trends in your property against trends in the market and keep you advised of when is the best time to sell, renovate or reposition your property and when it is time to consider acquiring more. Even if you decide to continue with the day to day management of your property, knowing the performance of your asset at any given time is priceless.

Litigation and Regulatory Services

One inevitable hurdle to profitable real estate ownership is the legal and regulatory process. Zoning, rezoning, neighborhood commissions, council approvals, design review committees, permits, evictions, environmental court and even civil litigation can all cause costly delays in the development process and saddle a completed project with dibilitating expenses. Employing a competent professional to represent you through these and many other potential pitfalls can be all the difference between profitability and financial disaster. Our team of legal professionals is waiting to help you navigate the maze of regulatory guidelines to ensure that your development project remains on schedule and your completed investment remains profitable and in compliance with all relevant codes, laws and statutes.

Urban Heritage Real Estate 6172 Busch Boulevard Suite 2054 Columbus, OH 43229 Phone/Fax: (614) 885-7226 Toll Free Phone/Fax: (877) 25-Urban Web: www.25Urban.com E-Mail: [email protected]

Urban Heritage Real Estate

Real Estate Development Services

Project Programming and Preliminary Design
With our extensive background in architecture and development planning, Urban Heritage can take your vision and translate it into the numbers, words and visual images that can help you communicate your ideas to those who need to understand them. We will analyze your needs and your resources and develop them into a sound project program, which in turn will be used to create preliminary budgets, cash flow projections, sample floor plans and design drawings. Whether you need to sell your idea to partners, contributors or government regulatory agencies, or you just want to muster support from employees or the surrounding community, a concise and well-drafted preliminary plan can be the key to getting your project off the ground.

Feasibility Analysis and Pre-Development Planning

Once you have a clear idea of how your project will take shape, the next step is determining the feasibility of this idea and creating a sound development plan to implement it. Urban Heritage will assess your resources and provide you with in-depth information on the local market to assist you in making a realistic determination of whether to proceed with your project. After conducting an extensive review on how local, regional and national market trends may affect your plan, we will refine your original program to account for these factors. Once these adjustments are made and you are satisfied that your idea is feasible we put together a detailed development plan to outline how the project will proceed and who will participate in the development process.

Site Selection, Acquisition and Site Development

Once your project is ready to commence, a site must be selected. Our in-depth knowledge of the local brokerage community will help to insure that you get a qualified leasing or sales agent working on your project and work with them to create a short-list of possible sites. Once a short-list is created, we can prepare requests for proposals and provide a professional review of the proposals received. If you have already chosen a site for your facility, we can handle all of the details involved with preparing your property for the building process. Zoning requirements, permits, utilities, street access, traffic control, environmental impact and community concerns are all items that have to be given careful attention early on in the development process to make sure your project makes it to completion. Missed details in any of these areas can bring your project to a grinding halt at any stage of the game and cost you valuable time and money. Urban Heritage will coordinate every stage of the site preparation process to make sure your project stays on schedule and within the specified budget.

Space Planning & Design

Once a site is chosen and secured, we will take your preliminary plans and turn them into a detailed set of floor plans, construction specifications and a working budget. In most cases, because of our extensive background in architecture, we can significantly reduce the cost of hiring an architect by completing many regulatory requirements before you hire an architect. When you are ready to choose a design professional, we will assist you in your selection by preparing the Request for Proposals, collecting, reviewing and ranking the submissions, interviewing the qualified candidates, checking the qualifications, licensing and references of the finalists and helping you select the winning proposal. Once you have chosen an architect, we will help you negotiate the final contract making sure that your interests are protected throughout the process and providing specific guidelines for the work to be completed.

Financial Analysis and Budgeting

As the final designs are completed you will need a detailed financial analysis utilizing a comprehensive and accurate construction budget. We will review the construction budget prepared by your design professional and check it not only for completeness and accuracy but using our decades of experience in real estate development and our superior market research, we will use your prepared budget to forecast a complete development analysis to account for market trends like rising construction costs, fluctuations in property values, labor trends, changing vacancy rates and even changes in interest rates and the consumer price index. There is no way to avoid every problem that can occur during the development process, however, knowing what can go wrong and understanding its potential effect on your project before it happens can help you prepare for the worst and avoid financial disaster. Urban Heritage Real Estate 6172 Busch Boulevard Suite 2054 Columbus, OH 43229 Phone/Fax: (614) 885-7226 Toll Free Phone/Fax: (877) 25-Urban Web: www.25Urban.com E-Mail: [email protected]

Urban Heritage Real Estate

Investment Services
In today's tumultuous and volatile market, sound real estate investment planning is not just a prudent idea, it's critical to your success as a real estate investor. With housing values plummeting and commercial values uncertain in light of today's economic turmoil, it is more important than ever that you use sound market research to employ a market timing strategy that will protect your valuable investments. Whether you own single family properties, apartments, commercial buildings or warehouses, knowing how to position your properties for the greatest return is the key to protecting those investments. Most importantly, you must have a sound plan! Real estate is not a get-richquick scheme. If someone is promising you unusually large or immediate returns for your investment, it is probably a gimmick. Even if you are involved in "flipping" properties, which can yield larger returns in shorter periods, you must remember that most property flippers lose money in the long run. If everyone in the market is looking to "buy low and sell high", someone is going to get left holding the bag when prices stop increasing. The only way to be certain that person is not you is to have the best market research and planning at your disposal.

Some of the services we provide to real estate investors:

Investment Planning Targeted Investment strategy Landlord and Investor Training Detailed Investment Financial Analysis Financial Services Lending Packages and Proposals Periodic Investment Reporting Property Accounting Periodic Property Valuation Market Research Housing, Retail, Office, Industrial Reporting Monthly, Quarterly, Annual Market Reporting Detailed Neighborhood and Sub-market Research

Give us a call today to discuss your investment strategy!

Urban Heritage Real Estate 6172 Busch Boulevard Suite 2054 Columbus, OH 43229 Phone/Fax: (614) 885-7226 Toll Free Phone/Fax: (877) 25-Urban Web: www.25Urban.com E-Mail: [email protected]

Urban Heritage Real Estate

Construction and Contract Management

Urban Heritage offers professional construction management services that are tailored to the size and complexity of any given projectand backed by a corporate commitment to total quality management. On complex assignments involving numerous projects and contractors, our construction management services typically begin during phase and continue through occupancy.

Construction Planning
Permits, environmental impact studies, market studies, appraisals, neighborhood commissions, local tax incentive programs and a host of other pre-development requirements will need to be completed before your project can go to construction. Our familiarity with local development requirements and municipal officials will assist you in navigating the maze of development requirements to get your project out of the ground. We will also make sure that you have an accurate idea of exactly what this stage of the process will cost and what effect each requirement will have on your final development budget.

Schedule and Budget Evaluations Constructibility Reviews

Project Alternative Reviews Project Cost Estimating and Accuracy Checks

RFP/Bid Management
We make creating a Request for Proposal (RFP) or construction bid for your project easy. Urban Heritage will create a comprehensive package tailored to your project. Our experienced consultants will gather your requirements, company background, timelines and more and put it all together in a professional format. By using our RFP/Bid services, you ensure that potential designers, contractors, and tradesmen receive exactly the information they need to put together accurate proposals. Without the proper information, your RFP or bid package may lack key points and result in responses that are incomplete, based on assumptions, or difficult to compare. We know exactly what information an RFP needs to contain to allow bidders to understand your requirements and put together a relevant response that meets your needs.

RFP Preparation and Evaluation

Contract Bidding, Negotiation and Award

Contract Planning, Documentation and Administration

Our construction management team is tasked with managing risk throughout the project life cycle. A critically important tool for managing project risk is effective contract administration. Our team will explore the use of contracts as a risk management tool, including how to identify, manage and allocate risk to the project participants who are best able to handle it. Our team will help you identify and understand each project participants goals in managing project risk; identify the risks inherent in your construction project; identify risk-sharing and risk management language in construction contracts; and create a complete set of contract documents to take your project through completion. Most importantly though, we will manage the entire process to ensure that all parties are executing their contracts as agreed.

Contract Document Development CPM Schedule Development and Monitoring

Contract Administration Budget Management and Change Order Control

Construction Management
Years of construction experience in some of the most challenging urban environments have given us a unique management expertise and a solid project controls systems. Our project and construction management experts use state-of-the-art technology to closely monitor progress and inform our clients of any deviations. We provide real solutions to keep projects on course, on-time, and within budget. We thoroughly investigate ways to complete tasks ahead of schedule and work hard to find cost-effective solutions to unexpected glitches in the construction process - saving you money whenever possible.

Coordination of Daily Construction Activities Cost Control Monitoring

On-site Inspections and Monthly Reporting Quality and Safety Control Monitoring

Post-Construction
Finally, when construction on your facility has been completed, we assist you in making sure that the contractor has made no omissions and has performed a detailed, accurate and thorough punch-list close-out. We will coordinate all required regulatory inspections to secure your certificate of occupancy, coordinate your move process and ensure that you have everything you will need to begin operation of your new facility.
Punch-List Creation Final Inspections

Contract Close-Out Project Document Archiving

Urban Heritage Real Estate 6172 Busch Boulevard Suite 2054 Columbus, OH 43229 Phone/Fax: (614) 885-7226 Toll Free Phone/Fax: (877) 25-Urban Web: www.25Urban.com E-Mail: [email protected]