© 2018 by Shana & Malky (YK GROUP LLC)

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OUR SERVICES

From concept to construction
Project Management Solutions

A real estate advisory company whose goal is turning client’s dreams into reality.

Our clients have included:

  • Real estate developers, wishing to build large rental properties

  • Colleges, building large facilities

  • Homebuilders, developing subdivisions

  • Businesses, transforming pre-existing buildings to another use

At YK Group, we enjoy the creative process of development but never lose sight of the client’s goal: maximizing the financial value of the real estate project.

Project Due Diligence

Warren Buffet has said that the most important word in Business is  “No”. It is critical to be able to walk away from a project if the risk/reward analysis does not justify proceeding. Successful businessmen and investors can fall in love with a “deal” and brush aside concerns which arise. It is our mission at YK Group to provide a clear picture of all the positive and negative aspects of a real estate development project to be able to make a fully informed decision.

In acquiring land for development or buildings for redevelopment, two hurdles must be cleared:

  • Are regulatory approvals achievable?

  • Is the project economically feasible?

Regulatory Approvals

Every type of land development or building redevelopment must receive local Planning, Zoning and Wetland approvals. Every municipality has its own regulations and codes. Every parcel of land has its own unique site conditions. YK Group’s task is to assess the probability that approvals will be received and to advise our client not to proceed if we perceive the risks of not receiving approvals is too high.

If the client decides to proceed, we will advise on the selection of consultants needed to provide the regulators the information they require. We will review, coordinate, and manage the consultants work to successfully obtain all approvals needed.

Receiving approvals is not only a technical process as regulators are human beings and it is critical to know the best way to approach the town planner or a town board to get the desired result.

At YK Group, we have successfully navigated the approvals maze in municipalities ranging from rural villages to large cities and delivered our clients the approvals they needed to proceed with their projects.

Project Feasibility

Receiving approvals for a project that is not economically feasible is fool’s gold. Yet even a successful businessman may not have the knowledge to properly evaluate the potential environmental issues, sitework costs, costs of receiving approvals, or hard construction costs that a project will encounter. A mistake in one of these variables can doom a project before it has started.

At YK Group, we think like developers. The client tells us his goal for the development, and we work backwards to chart every task needed to achieve the desired result. Once the total picture is in place, we can cost each task and use our models to work with our client to make a knowledgeable decision.

Construction Management

In addition to our pre-construction services (approvals and feasibility), YK Group has assisted clients in construction management, particularly in environmental cleanups and renovation of existing buildings. We will obtain all permits and put together the subcontractors needed to complete a project on time and within budget.

 

 

Project Highlights

Our intuitive, creative approach to project development, culled from years of experience in various market sectors, minimizes risk and assures best value for our clients. We assemble an expert team of consultants and professionals. We then coordinate the entire process from site prospecting and acquisition, through the financing process, up until the successful completion of the project – on time, within budget, and in conformance with the requirements of the funding sources.

Wilkes Barre

MORE INFORMATION.... COMING SOON!!!!

Emmet/ Mulberry

MORE INFORMATION.... COMING SOON!!!!

Cliff Park

MORE INFORMATION.... COMING SOON!!!!

 Events 

YK Group is pleased to invite you....

Many people have reached out to me over the last 2 months that they are looking to get out of “fix and flips” and into real estate development. I am creating this event for FREE as a way of giving back some of my knowledge and expertise. Space is limited. RSVP in link below.

There are so many steps that go into effective and profitable real estate development. Whether you are in the “fix and flip” industry and looking for a change or whether you are looking to further your expertise and network, this event is for you.

Are you thinking of buying a building?

What should you look for when buying?

Should you lease or own the space that houses your business?

Learn everything you need to know to make a profitable decision.

 
 

CONTACT

ADDRESS

500 River Ave

Suite 145

Lakewood NJ 08701

TEL

732-597-2046

EMAIL
OPENING HOURS

Mon - Thrs: 9am - 9pm

Fri: 9am - 1pm