CIG’s
in-house construction subsidiary, PINNACLE Construction Group, is
committed to providing superior quality vertical real estate product
to demanding specifications on schedule  and
within budget. Value engineering and attention to detail are strengths
of PINNACLE, born from many years of proven experience in various
types of construction.PINNACLE’s experienced team of professionals support CIG in building the highest-quality, institutional grade investment properties. For all CIG projects, PINNACLE either acts as the general contractor or in a consulting capacity overseeing other contractors to insure their performance. PINNACLE takes pride in its ability to see projects from an owner’s perspective. For more information, please visit www.pcgworks.com
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| Development activities comprise approximately 80% of CIG’s business plan. The development of quality investment properties generally held for long-term investment is a focal point of CIG’s investment philosophy. Coordination and integration of the various disciplines required to produce quality real estate developments is a principle strength that differentiates CIG from other investment companies. An extremely thorough and sophisticated market research, site selection, and due diligence process, along with a team of proven experience and expertise in planning, architecture, construction, legal, financing, and project management allows GIG to consistently produce superior development projects on time and on budget. Individual development projects typically range from $1 million to $15 million, but have been as large as $100 million. Development projects are done both in-house and structured as joint ventures with strategic alliances in various parts of the continental United States. For a few example projects, please visit DEVELOPMENTS |
CIG’s
enjoys existing relationships with strategic business partners in
several states. These strategic alliances allow developers, property
owners, and investors who contribute
 their
time, expertise, and intimate knowledge of their local markets, access
to CIG’s equity capital and years of development and property
management experience. CIG’s experience in market research, site
selection, due diligence, project planning, construction, financial
feasibility, and financing compliment the relationship for a winning
team.Equity capital provided by CIG typically ranges from $1 million to $5 million for individual projects. On a leveraged basis, the total size for typical projects ranges from $4 million to $20 million. Joint ventures are typically entered into for new developments, but may also be for acquisition of existing properties. Each venture is analyzed and underwritten on its own merits. The creation of value with above market risk adjusted returns is the general criteria for all projects. |
| The foundation of CIG’s development activities rely on the acquisition of raw land that may be improved to create value. Acquisitions also include well-located, improved properties that are under-performing and may be obtained from motivated sellers. Existing, improved property types considered include: self-storage, industrial and flex space, apartments, retail, hospitality, and office properties. Our in-house site acquisition team continually works with brokers and potential joint venture partners in search of new investment opportunities throughout the United States. Acquisitions are targeted toward individual properties between $1 million and $10 million. Sizable existing relationships with several major national banks, and the availability of entrepreneurial investment capital allow CIG to act quickly and decisively in taking advantage of investment opportunities. CIG has an internal GIS (Geographic Information System) with proprietary customized software designed for CIG to analyze sites throughout the United States based on demographics, traffic counts, and existing competition. This technology allows CIG to respond quickly in screening opportunities. CIG has adopted a discriminating acquisition philosophy designed to identify and select opportunities that meet the profile of CIG’s investment criteria. CIG has significant experience in analysis and due diligence of potential acquisitions, including substantial experience with Section 1031 Exchanges. CIG is continually seeking opportunities for acquisition through its existing strategic partners in many parts of the country, and from potential joint venture partners that can add value to the transaction by controlling properties in their local markets. If you have, know of, or are marketing a property that may be of interest, please contact Jeremy Hurt at jhurt@clarkinvestment.com and/or direct marketing materials to his attention at the CLARK Investment Group corporate headquarters.
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