Capabilities | ALC Development Group

CONCENTRATION

Our expertise is focused on single-family and multifamily development, where we excel at identifying and unlocking hidden value through unique opportunities, all while ensuring exceptional satisfaction for end-users. This is especially evident in our ability to acquire and transform underdeveloped land into high-yield, cost-effective properties that are tailored to meet market demands.

STRENGTHS

Our access to patient, long-term capital allows us to pursue opportunities that others may overlook. With project sizes ranging from $1 million to $30 million, we focus on ventures grounded in strong relationships. We collaborate closely with lead brokers, sellers, investors, contractors, suppliers and third-party professionals to ensure success at every stage. This relationship-driven approach provides us with confidence and control throughout the entire process—from acquisition and entitlement to financing, development, and construction. It enables us to effectively manage and perform high-level market feasibility analysis, design, budgeting, scheduling, construction coordination, cost-effective contracting, commissioning, and project closeout.

RESULTS

With diligence and patience, ALC has built a proven track record of turning ambitious projects into reality—from planning and design to pre-construction. We navigate challenges like zoning restrictions, changing building codes, and unexpected obstacles through close collaboration with local and state agencies and active community involvement. ALC takes a hands-on approach, securing the necessary approvals and entitlements for even the most complex development projects.

A notable example of our work is the transformation of a condemned 19-unit condominium building in South Jersey, just steps from the Atlantic Ocean. Over a three-year period, which began during the COVID-19 pandemic, ALC spearheaded the acquisition, entitlement, pre-development, and development of the property. Despite the challenges posed by the pandemic, the project was completed successfully and sold out within 15 months from the date of entitlements, thereby delivering significant returns to its investors.

Over a nine-year period, ALC’s principal led the acquisition, construction and development of over 1,000 apartment units for a leading local operator/manager. This initiative resulted in a market value increase of more than $500 million in the post-COVID era.

These projects showcase ALC’s diverse expertise in driving positive change within local communities, delivering significant financial returns for stakeholders, and expertly managing a range of project variables to ensure timely and successful completion.