Project Screening Criteria
The Good Stewardship Protocol™ selection process includes but is not limited to the following:
- A thorough evaluation of risk
- The probability and/or possibility a project may not be completed
- The ability to obtain financing
- The effects of zoning and/or encroachments
- The immediate leasability of a completed project
- A thorough evaluation of the total cost
- Acquisition
- Development
- Ownership
- Maintenance
- A thorough evaluation of the location
- Projects fit with proposed location
- Adequate access to proposed project
- Utility considerations
- An evaluation of the purposes and uses of the project
- Diversification
- Some projects will be sold, some held
- Duration/Maturity
- Income diversity/long term and short-term projects
- Evaluation as to yields to investors regardless of terms
- A thorough evaluation of possible revenue source
- Lease
- Mortgage
- Fees
- A thorough evaluation of profit potential
- Length of time to keep a project in order to maximize profits
- Some projects may be kept longer than others
- Zoning and entitlements
- Zoning changes that may impact profitability
- Soliciting changes in zoning laws for the purpose of profitability
- Lease valuation/tenant quality
- Utilizing appraisers who share values to ensure accurate appraisals
- Evaluation of proposed and/or current tenants
- Partnerships
- Credit worthiness of proposed partnership
- Quality of partnership
- Must have a substantial investment in proposed project
