Corporate Overview

Construction Advisory

Starlight Partners has the capacity to serve as a construction advisor on behalf of investors and lenders regarding partially constructed development projects and existing properties, which require major construction in connection with implementing a re-positioning strategy. Starlight Partners currently holds a General B Contractor's License in the State of California. In most instances, the lender and/or investor has obtained possession of the project or property and assumed various responsibilities and obligations, with no further involvement by the original developer. Starlight has the contacts to make the project a sucess with its own grassroot knowledge of the contruction industry. This reversion of ownership to the lender or investor is generally caused by delayed and/or denied municipal approvals, project cost overruns, unsuccessful leasing, lack of condominium sales, erosion of developer’s equity, depleted capital improvement reserves, etc.

Starlight employees have advised on all phases of the construction process from the design and approval process through certificate of occupancy, which has resulted in project completion on budget and on time. Assignments are often executed in conjunction with a third-party construction manager or general contractor, which is retained and overseen by Starlight.