CASE STUDIES
Every Project Is Different.
These case studies show the range of developments we've supported from modest developments to larger developments across different capital structures and geographies. Whether you're structuring a capital stack, navigating incentive programs, or validating feasibility, we provide the expertise to guide you through it."
Featured Engagements
Petit Bateau
Mixed-Use New Construction; $42M; 104 units and retail; Midtown Detroit
Service: Project Advisory
Developed a custom financial model, underwrote the project, and prepared investor pitch deck. Currently coordinating funder engagement and providing development incentives application support.
Hubbard Farms Lofts
Multifamily Rehabilitation; $4M; 18 units; Hubbard Farms, Detroit
Service: Project Advisory
Performing feasibility analysis and underwriting, structuring the capital stack, preparing investor pitch deck, and coordinating lender engagement.
Baobab Fare
Retail Rehabilitation; $2.5M; East Warren, Detroit
Service: Project Advisory
Performed feasibility analysis and underwriting, structured the capital stack, coordinated lender and financing partner engagement, and secured tax abatement for the project. Successfully closed financing and currently providing draw administration support.
By the Numbers
✔ $460M+ in potential development assisted
✔ Clients assisted in 12 states and D.C.
✔ Project Types: Mixed-Use, Multifamily, Retail, Single-Family, Office
✔ Financing Mechanisms: Conventional, LIHTC, TIF, PILOT, HUD
Other Engagements
The Hub
Retail Rehabilitation; $3M; Denby, Detroit
Service: Project Advisory
Performed feasibility analysis and underwriting, structured the capital stack, and secured tax abatement for the project. Currently coordinating lender and financing partner engagement.
Norteña
Mixed-use Rehabilitation; $2M; 4 housing units and retail; Mexicantown, Detroit
Service: Project Advisory
Performed feasibility analysis and underwriting, structured the capital stack, and coordinated lender and financing partner engagement. Successfully closed financing and currently supporting draw administration through project completion.
Townie Homes
Single-family New Construction; $5M; 26 housing units; Ann Arbor
Service: Project Advisory
Developed a custom TIF financial model, underwrote the project, drafted TIF plan, and secured municipal approval for TIF.
Raza Development Fund (RDF) was introduced to Uddin Development Consulting (UDC) because of their extensive experience in supporting affordable housing developers with technical assistance services. UDC has been a valuable resource to members of RDF’s Growing Diverse Housing Developers program (a fellowship for BIPOC-led non-profit and for-profit, affordable housing developers to increase the capacity of their respective organizations to build quality, multi-family rental communities and/or “for-sale” housing in under resourced communities), guiding emerging developers through their proforma development. We have been impressed with their work and look forward to future additional opportunities in which to collaborate.
Adrian Ruiz
Chief Investment Officer, Raza Development Fund
Raza Development
Multifamily New Construction; $2M; 10 housing units; rural California
Service: Feasibility Analysis
Developed a custom financial model and underwrote the project.
I hired Uddin Development Consulting to create a proforma model for a 71-unit mixed-use development project in Brush Park. The dynamic MS Excel model allows for quick changes of assumptions, leading to accurate analytical results. The ability to account for various financing structures and sources, including a HUD 221(d)4 loan, is helpful in structuring the most feasible capital stack for the project.
I fully endorse the underwriting and modeling skills of Uddin Development Consulting and recommend hiring them for development and investment consulting.
Dietrich Knoer
Managing Principal, Paladin City Partners
Paladin Partners
Mixed-use New Construction; $27M; 71 housing units and retail; Midtown Detroit
Service: Feasibility Analysis
Developed a custom financial model and underwrote the project.
Additional Project Experience
A selection of projects on which UDC has provided advisory, analytical, or technical assistance services:
→ $8M, 107-unit LIHTC – greater NYC
→ $4M, 20-unit ground up – Albuquerque, NM
→ $2.4M, 8-unit single-family – rural Ohio
→ $2M dance studio - Detroit
→ $25M, 68-unit LIHTC rehab – Detroit
