Development
Lake City specializes in funding and developing real estate projects throughout Utah. From single family residences to new neighborhoods with more than 100 lots. We are experienced at all types of residential real estate development. We also have experience developing and funding smaller commercial projects, including multi-family developments and small commercial buildings.
The dramatic changes in the real estate market over the past year or two has created some incredible challenges and opportunities for the savvy investor. Lake City has found many ways to capitalize on this economic environment. We are currently developing and building numerous projects, all funded in this market. It is possible to generate strong income and returns in this environment.
One important element of our success is having assembled the right team of experts. The Lake City team includes people that work for Lake City as well as other businesses and investors that have formed strategic alliances with Lake City, including well-funded lenders, top real estate brokers, attorneys, title companies, property management experts, and others that are critical to our success.
For more information regarding our development services, or to discuss funding your project, please contact us.
Construction
Lake City Construction Co-Op is a network of independently owned and operated construction trades. Each is run by a specialist with deep experience in their trade. Our framers don’t paint. Our painters don’t hang drywall. Our drywallers don’t install windows or roofs. Our tradesmen are experts in their trades. The reason we’ve created a co-op is to share overhead, management, and estimating technology to make us more competitive for you. Another benefit of the co-op is the sharing of quality standards and scheduling systems that help us ensure that jobs are completed on-time, in budget, and to the highest quality standards.
For more information regarding any of our co-op trades, please call us at (801) 499-1545, visit our contact us page, or click on any of our construction trade pages.
Investment
The current economic environment has created numerous real estate investment opportunities with profit margin levels that haven’t existed in decades. Housing and land prices have drastically fallen and residential construction has nearly stopped. At the same time, existing home sales have sharply declined while foreclosure rates are soaring to unprecedented levels resulting in an explosion in housing and land inventory. Unfortunately, this same economic environment is marked by numerous bank failures virtually shutting down the lending industry. Therefore, though investment opportunities are abundant, acquiring project funding through traditional lending institutions is nearly impossible. Furthermore, the stock market has been incredibly volatile and many Americans have recently seen their retirement savings sharply reduced, leaving them extremely wary of the equity markets. The result of this chaotic atmosphere is a unique investor opportunity for those capable of finding and funding real estate investments.
Lake City specializes in finding and funding various real estate projects. We bring our experience in real estate development and construction, including numerous synergies from our other businesses and partners. If you are interested in learning more about Lake City Capital, its current projects, or your project, please call us at (810) 499-1545 or visit our contact us page. Our Lake City Capital page also has more information about the investment side of Lake City.