Hampstead has developed a strong reputation and gained valuable experience related to development and repositioning of existing properties. Market participation in this area is limited by the fact that such development requires the assemblage of complex, multi-layered financing and that developers must be prepared to address the issues associated with existing partnerships in order to purchase assets for such redevelopment. Another complexity has to do with the overlay of various regulatory constraints related to the many financing pieces.
Every bit as important as purchasing properties and financing them is completing the rehab on budget and successfully operating the properties post rehab. Hampstead often joint ventures redevelopment efforts with both new and existing owners as well as non-profits.
In addition to development, architecture, construction, and energy consulting Hampstead has established State and local agency consulting services to aid agencies charged with the task of administering Federal, State and Local policy.