Real estate Development + Project Management
DJR creates value out of underutilized real estate through development, repositioning, and entitlement; practically "putting the pieces together.” DJR Cos. intentionally targets such land or otherwise suboptimal property to design, entitle, build, and market from the ground up.
DJR Companies is a real estate development firm exhibiting particular advantages in the development of infill land into residential and mixed use, the focus of our investment strategy. Although, our project management capabilities have spanned asset classes; delivering high-end custom homes, large planned residential communities, apartment value-add and conversion to condominiums, industrial facility relocation and buildout, retail development and permitting, and even specialized commercial facilities.
DJR Cos. acts as project manager and sponsor of each DJR real estate development, intimately involved in detailed execution while effectively directing the entire project. DJR Companies can be viewed through two, integrated lenses:
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Real Estate Developer of DJR-sponsored developments through capital partnerships. DJR Cos.’ model allows for direct private equity investment in projects under DJR control, targeting land and underutilized real estate for ground up improvement, repositioning, and entitlement.
See what drives our Investment Strategy.
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DJR Cos. serves as Project Manager on each DJR-sponsored project. We are hands-on with knowledge of the day-to-day at our development sites, in addition to meticulous management of the dollars and cents.
Technical + Analytical = Value Creation
DJR Cos.’ differentiating expertise lies in its front end land development, the (typically) horizontal work or mapping and planning efforts. This allows the firm to target projects with site development issues that many pass over, reducing acquisition costs. DJR’s value creating, problem solving process on these underutilized sites is where profits are made.
DJR doesn’t compete with other investors or builders for development opportunities…
DJR creates them.
DJR combines this technical engineering and design expertise with extensive market analysis and financial modeling to determine highest and best use at major decision points in the project timeline. Leveraging this unique developer expertise to not only provide “a” solution, but the best solution, directly translates into increased returns via reduced risk, lesser costs, and a marketable product. See DJR’s Investment Strategy.
DJR ENGINEERING: DJR Cos. launched DJR Engineering (a separate, affiliate company) in 2022 out of a necessity to reduce consultant costs and streamline development. With DJR Cos.’ technical team already producing the critical value-creating design work on its projects, it was only logical to bring civil engineering, mapping, and surveying services “in-house”. DJR Engineering provides all civil and survey services on DJR Cos. projects.
democratizing real estate development
DJR Cos. has created the opportunity for accredited investors to participate with high yield equity shares across relatively small, high-velocity infill real estate development projects. You may inquire about current DJR offerings here.
comprehensive strategy & Vision
Whereas the company’s Project Management capabilities apply across asset type and size, DJR’s development goal is to opportunistically operate in the space between large development firms and single-unit flippers, focusing on smaller residential and mixed use real estate developments with expected values under $15M (depending on the market). DJR creates new supply for markets at in-demand price points, with a particular eye for properties with difficult site development issues out of which DJR can create significant value. We also regard (relative) velocity to minimize risk.
DJR’s vision is to democratize investment in real estate development, moving towards a platform of open investment in high-yield value creation projects through project sponsors whose knowledge of the development process greatly reduces risk.
