Owner's Representation
Serving as trusted consultants to commercial real estate owners, investors, and banking institutions, our team offers expert advice and recommendations throughout the construction and development process.
The goal is simple: minimize ownership's risk exposure and ensure project success.
With decades of ownership, development and construction experience, we are uniquely able to leverage expertise in all aspects of a real estate project and deliver success, every time.
Owner's Representation Services
PROJECT PLANNING & COORDINATION- Provide strategic advice on project plans and timelines. - Recommend coordination strategies with architects, engineers, contractors, and other stakeholders. - Ensure all project activities align with the owner's vision and objectives through informed suggestions. |
RISK MANAGEMENT- Identify potential risks and propose mitigation strategies. - Conduct regular risk assessments and advise on necessary adjustments. - Ensure compliance with all regulatory requirements and industry standards through expert recommendations. |
BUDGET & COST CONTROL- Advise on establishing and monitoring project budgets. - Review and provide recommendations on cost estimates, bids, and change orders. - Suggest cost-saving measures without compromising quality. |
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QUALITY ASSURANCE- Offer guidance on overseeing construction activities to ensure adherence to specifications and quality standards. - Recommend regular site inspections and quality audits. - Advise on addressing any issues promptly to maintain project integrity. |
COMMUNICATION & REPORTING- Provide regular updates and detailed reports to the owner. - Facilitate clear and effective communication among all project participants through strategic advice. - Serve as the owner's advocate in all project-related matters by offering informed suggestions. |
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Why DiCosola
REPRESENTING OWNERS.DiCosola serves as an owner’s representative for projects in Chicago and beyond. Need out of state representation? Just ask. We recently commenced a luxury condominium owner’s rep assignment in South Bend, IN and travel as needed. |
BANK ON OUR EXPERTISE.DiCosola has worked with Chicago banks to analyze and improve REO properties valued over $250M, scattered across market locations throughout the United States. |
CONSTRUCTION MANAGED.DiCosola manages projects ranging from individual luxury home renovations to large scale multi-family projects to specialized commercial properties including medical buildouts and even entire portfolios. |