Disclaimer

This communication and any files or attachments transmitted with it may contain information or materials that are confidential, privileged or exempt from disclosure under applicable law. It is intended solely for the use of the individual or the entity to which it is addressed. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution or copying of this communication or any files or attachments is strictly prohibited. If you have received this communication in error or by mistake, please immediately notify the sender and delete this e-mail from your system.

E-mail transmissions cannot be guaranteed to be secure or error-free as information may be intercepted, corrupted, lost, destroyed, arrive late or incomplete or contain viruses. The sender does not accept liability for any errors or omissions in the content of this message, or damage from any virus, caused by this email transmission.

Welty Building Company LTD

Joint Venture Investments

A joint venture in real estate is when two or more investors combine their resources for a property development or investment. Despite working together, each party maintains their own unique business identity while working together on a deal.

Who does what in a joint venture is decided on a project-by-project basis. Furthermore, the share of the profits is also agreed upon by the parties involved.

A joint venture real estate team can be a great option if you’re unable to invest in a property alone or need to team up in order to scale your operation. But while there are plenty of successful solo flippers out there, creating a real estate Joint Venture (JV) can provide a lot of benefits, allowing you to take on bigger projects and scale.

Sounds simple, right? Well, yes and no. For your investment crew to be successful, you need a good knowledge of how joint ventures work and how to structure a joint venture real estate deal. Thankfully, we’re here to help.

Office Property Investment

Understanding that the world of work is changing and evolving, Welty Development recognizes that what is needed in an office building is also changing. The types of office buildings can range from high-rise multi-tenant urban core buildings to office parks in suburban areas all the way to single-tenant built with a specific tenant in mind.

Smart investors and developers will tailor equipment and space amenities that will attract millennial and Gen Z workers – bike racks and lockers, secure and high-capacity internet, “hip” decorations in common areas. The potential of ground-floor mixed-use space, proximity to transit, and recreational opportunities are also popular.

Adding attractive amenities enhances potential office leasing prospects. Gyms, lockers, showers, micro markets, and outdoor dining are just some of the amenities needed to draw workers back to the office. Welty Development monitors the changing trends so that all of our office property investments are current and leasable.

Multi-family Investments

Investing in multi-family residential real estate can be one of the best places for long-term growth and stability. Whether student housing, special purpose housing, or housing for seniors, Welty Development can help you understand the different types, classes and structures that are classified as multi-family buildings.

Welty Development offers many opportunities to invest in the different types of multi-family residential. Finding one that fits your needs is our area of expertise.

LET’S GET CONNECTED

CONTACT US

When you’re ready to partner with a world-class real estate developer, think Welty. Our development experts are ready to help you with every facet of your project, from concept to completion. Reach out to our team today.

Office

3421 Ridgewood Road
Suite 225
Fairlawn, Ohio 44333

Phone: 330-867-2400

Contact Welty Development

WELTY DEVELOPMENT SERVICES

PARTNER WITH US

Welty Development offers commercial real estate development services to help you bring your project to life. Our unique, horizontally integrated project management system provides tailored support throughout the project lifecycle.

DEVELOPMENT

Our development services include master planning, feasibility analysis, site selection, land acquisition, and infrastructure and environmental review. We also handle your project’s zoning and approvals, building design and financing. Ask about our turnkey delivery program and potential public/private partnerships.

PROGRAM MANAGEMENT

Our program managers oversee and coordinate the various projects and other strategic initiatives throughout an organization, ensuring programs are mapped to business objectives to ensure high performance. Welty Development provides expertise in the acquisition, development, construction, leasing, property management and construction of your project.

FINANCIAL STRATEGY

You can depend on Welty Development for information and analysis for ownership, transactions, tax and accounting structuring, and capital markets.

ASSET MANAGEMENT

Welty Development can analyze your assets and recommend necessary repositioning, including brownfield redevelopment and disposition strategies for underutilized assets.

CONSULTING

Our consulting services include program analysis, long-term strategic real estate planning, occupancy analysis and more.

FACILITY SERVICES

Our facility services solutions help you safeguard investments, activate cost-saving opportunities and ensure quality of life and enjoyment for all who depend on your facility.

PROPERTY MANAGEMENT

Welty property management services ensure your assets receive professional, long-term management, ensuring your investment retains its value and continues to meet or exceed your expectations.

Three person icons with ties in front of a large building icon

TRUST OUR PROCESS.

Backed by more than 80 years of experience in developing ambitious real estate projects that draw communities together, Welty Development has the resources to support your success.

GROW WITH US

ABOUT WELTY DEVELOPMENT

PARTNER WITH US

Shaping Communities with Intention

Welty Development is an integral component of Welty Enterprises and serves as a critical facet of our integrated project system.

Backed by decades of experience in effective real estate development, Welty Development offers a full range of services from initial concept to final walkthrough, plus ongoing facility services and property management. Our approach is defined by our willingness to go beyond the way things have always been done, choosing instead the most efficient, most stable and ultimately most beneficial path for our customers and the communities they serve. We call it “Thinking Welty.”

VIEW OUR SERVICES

OUR STORY

Since 2005, CEO Don Taylor has been developing a portfolio of projects, leveraging his early experience as a project manager into an effective model of real estate development under the Welty umbrella.

Welty Development president, Tom Charek, joined the Welty team in 2020, with a track record of proven success in construction in the Cleveland and Akron markets.

Now, with the resources available through the Welty family of companies, Welty Development continues to expand our world-class real estate portfolio, facilitating meaningful deals for our clients and investors.

MEET THE TEAM

WHY CHOOSE WELTY?

We believe in bringing an emotional intelligence to our work that streamlines the development process and ensures success. This allows us to collaborate more effectively, anticipate problems before they arise and create innovative solutions that place our customers at the center of everything we do. That’s the power of WE.

LET’S WORK TOGETHER

Welty team during a ground breaking ceremony

DEVELOP EXTRAORDINARY EXPERIENCES BY DOING WHAT’S RIGHT