Multifamily
Advantis on Lake Worth / Astor Sound
Lake Worth, FloridaConstruction recovery planning
Project perspective
Context and Contribution
A coordinated recovery program for a 230-unit development following a stop-work notice, connecting technical findings, inspection records, corrective scopes and the financial plan.
230Residential units
$49MHistorical investment2025 portfolio figure; not capital raised or a current valuation
2021Acquisition year
Scope of responsibility
- Coordinated structural assessment of workmanship and prolonged weather exposure, including engineered stabilization and retrofit alternatives.
- Organized specialist reviews of waterproofing, siding, roofing, windows and fire-rated assemblies.
- Reviewed storm, sanitary, water and fire systems and reconciled field conditions with inspection and utility records.
- Coordinated property-wide survey documentation and drawing revisions to reconcile existing conditions with approved plans.
- Rebuilt the construction budget and cost-to-complete analysis around remaining work, corrective scopes and procurement.
- Reconciled contracts, changes, payments and lien documentation; assembled lender information for proposed construction refinancing.
The story behind the work
Decisions, challenges and perspective.
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