If an area or particular project is deemed feasible based on our feasibility and market studies, The Legaspi Company's next step is to acquire the property or properties for the desired development. Critical to this stage of development is The Legaspi Company's experience in working with various City and County government agencies and our knowledge of and ability to work within the governmental framework to gain their cooperation in property assemblage and changes in zoning necessary to accommodate a desired development.
Not to be overlooked in this aspect of development is financing. Particularly in times of uncertainty in the conventional financial markets such as those we are experiencing now, our abilities in negotiating creative financing, working with lending committees to enhance their appreciation of the market value of a property, and leasing to enhance the real value of a property are of particular value to a successful development.
