Development

The purpose of the company is to add value through the opportunistic acquisition and subsequent development or redevelopment of land or buildings in high quality urban locations. McCaffery Interests targets such opportunities in what are typically identified as 24-hour cities. Upon acquisition, the company will focus on identifying a creative solution for the re-use of the property that addresses the fundamental real estate attributes of the asset. Typical targeted properties include locational characteristics including high pedestrian traffic; within or adjacent to vibrant shopping districts; proven residential and/or office appeal; access to public transportation; and proximity to cultural or sporting activities.

McCaffery Interests has identified an investment niche in which it has had extraordinary success and the company will continue its development and redevelopment activity within that niche. It will also seek to exploit other opportunities that our experience has shown to be complimentary or necessary for continuation of our existing investment niche. Those opportunities will include urban parking, office and residential uses.