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VIESTE’s Advisory services include planning, project management, and consulting to the individuals and municipalities seeking to build, renovate, and operate a wide range of facilities. We enhance our client’s vision and bring each project to fruition by approaching each project with an owner’s perspective and an unparalleled attention to detail.

Engaging VIESTE ensures that every aspect of a development project and/or operation is closely monitored, thereby mitigating risk, eliminating the operating learning curve, reducing costs, and providing the greatest return on investment to all stakeholders.

Leadership is offered in every project phase; from feasibility, conceptual planning, pre-development and design, to construction, FFE procurement, operational start-up, move-in, ongoing operational oversight, and training. Our expertise and experience also serve to identify revenue opportunities, develop operational efficiencies, and improve the end-user's experience, adding considerable long-term value to your project.

Advisory services include:

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A VIESTE facility assessment looks at each part of a facilities infrastructure regarding system condition, code deficiencies and functional effectiveness. It is then compared to an inventory of what a facility has and what it needs to function on a daily basis. It is an essential tool required to maintain and or upgrade a facility. The assessment serves as a "road map" showing what needs to be done and what the costs are. A comprehensive facility assessment has two major components: Condition Assessment and Functional Assessment.

Condition Assessment  - Our trained experts utilize walk-through inspection, research, and baseline data collection as a basis. This analysis allows us to identify:
• architectural
• structural
• mechanical
• electrical
• plumbing
• site conditions
• equipment

We will address your facility’s physical condition, its life span, whether it complies with current codes, and a corresponding Capital Replacement Reserve Analysis. 

Functional Assessment - Our team will utilize this analysis to determine the adequacy of your facility to house its intended operation. This assessment answers important questions, which will help with routine building facility management activities including long-range budgeting, capital replacement, and modernization planning.

Industries We Have Assessed

Facility assessment, analysis and planning is a specialty of our firm. We have utilized our process extensively in sports assets, senior living, healthcare, and residential facilities. These assessments have included:
• Stadiums
• Sports Facilities & Complexes
• Senior Living
• Colleges & Universities 
• K-12 Schools
• Performing Arts
• Administration & Offices
• Multi-Use Sites

Our team balances the issues of feasibility, cost, and aggressive schedules with the unique and diverse needs of our clients. Facility assessments also serve as the baseline for master plans and become a living real-world tool for operation, maintenance and capital facility planning and budgeting.

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Whether tackling a complex challenge or simply providing a fresh perspective, VIESTE offers a variety of services aimed at supporting owners on critical decisions and approvals, as well as identifying opportunities for operational and value enhancement. We have a proven system for quickly identifying issues and recommending sustainable strategies.

Areas in which owners turn to us include:

• Operational Diagnostics & Profit Optimization
• Management Assessment
• Operating & Capital Budget Review
• Capital Replacement Analysis & Forecasting
• Receivership & Lender Services
• Management Transition Services
• Building, Physical Plant & Equipment Audits.
• Facilities Assessment

 

 

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VIESTE provides community leaders and economic developers with a thorough understanding of their regional economy and the direction it is headed. Our services help guide decision-making, provide strategies to catalyze growth, and reveal economic and fiscal trends that will shape the community of tomorrow.

We team with communities to provide strategies for attracting and retaining businesses and residents to build a strong community or downtown core.  These strategies can focus on improving shopping districts, economic revitalization, residential mix, business recruitment and retention, economic diversification, or creating regional attractions

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Our services are designed to provide business owners and investors with expert insight and recommendations throughout all stages of the asset investment cycle. Whether planning a development from the ground up, evaluating an acquisition opportunity, negotiating a management contract, or looking to enhance operating performance our team has the expertise and proven ability to ensure investment goals are achieved.

​The role of an asset manager is multifaceted. To be optimally effective, an asset manager’s knowledge and experience must encompass a variety of disciplines including operations, sales and marketing, accounting, project management, contract law, technology, capital expenditure (CapEx) planning, and building systems management.

​​VIESTE approaches asset management with a focus on three primary objectives:

  1. Owner’s financial objectives (e.g. increasing revenue, controlling expenses, maximizing cash flow, maximizing economic impact and capital planning)

2. Owner’s indirect objectives (e.g., community engagement & involvement, regional and national destination, pride of ownership)

3. Risk mitigation (e.g., asset protection, financial controls)

With complete focus on constant operational improvement, VIESTE achieves these objectives through a five-step approach:

​Out team can tailor an approach to meet the needs of a wide range of ownership groups, including full asset oversight to high-level portfolio management. We are highly adaptable and can scale our services to the level of oversight that meets specific client needs.

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Bringing a design concept to reality requires a team that has procurement experience with furniture, fixtures, and equipment (FF&E) and operating supplies and equipment (OS&E). Using established supplier relationships, our purchasing system and a reporting structure is tailored to a client’s unique needs.

As a part of our global sourcing process, VIESTE will review specifications, make project specific recommendations, then obtains pricing to prepare a detailed and accurate final budget.

Leveraging our extensive industry experience and longstanding manufacturer and supplier relationships, we can make recommendations relative to vendor selection and/or sourcing of custom products, oversee the purchasing process, coordinate and oversee equipment delivery & installation.  Saving our clients time and capital.

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From setting up the organization, governance, technology, and project controls to managing design, construction, delivery and hand-over, we assist clients in executing these high-profile programs with greater confidence.

Owner representation is the best means to achieve optimal results: high-quality, cost-effective, dispute- and injury-free construction projects. We can advise on all or select phases of the development process, for both new construction and major scale re-development/adaptive reuse.

​What makes our team unique is our ability to connect owner objectives with operating realities. We understand what goes into an optimal program to ensure it meets the market and supports the investment. We anticipate issues, providing ownership with an opportunity to proactively weigh in and make informed decisions throughout the process, rather than react to issues identified too late in the process to address, or at least not without cost implications.

Project Concept & Feasibility - Conducting a thorough assessment of needs and clearly defining your project is the crucial first step. During this phase, we guide you in answering the broader questions of program configurations. As part of the project concept and feasibility phase, we help manage the design based on our extensive portfolio of prior projects, as well as conceptual budget studies based on historical data and current construction market trend data. This process allows us to accurately bid and award contracts later in the construction phase.

Design Phase - During the design process, enthusiasm and good intentions can unintentionally result in scope creep. At VIESTE, we fixate on the defined objectives, constantly monitoring the design development and steering it to assure that needs are met, the design schedule is maintained, and design creep is avoided. We pinpoint potentially problematic design features and address their possible effect on the overall program. Our focus ensures your peace of mind.

Construction - During construction, many things happen simultaneously, and the successful completion of one event often determines the success of the next. We plan thoroughly and forecast accurately to minimize surprises. We monitor progress in material procurement and field production to stay abreast of, and to head off potential problems. We focus on the big picture without losing sight of the details. Our focused attention to processes assures adherence to quality, schedule, and value standards established for the program.

Construction Closeout - Our focus on serving you doesn’t end when construction is complete. We continue to manage the process of move-in to ensure that your operations are up and running as efficiently as possible in the new facility. We monitor the building completion and punch-out, provide move-in assistance, and facilitate user orientation including maintenance requirements. Then we tie up all the loose ends with a final update to the project record document and turn it over to you.

Turnkey Development - VIESTE has all resources and experience necessary to assume total, turnkey development delivery risk of a capital project. This delivery model includes the potential of bridge financing to reach the turnkey delivery point. 

VIESTE's team will work with the client to assure complete understanding of vision, program expectations, project goals, and to quantify budget requirements. 

This model provides the client with a team that completely removes the delivery burden while assuring that the capital project will be delivered on a date certain, within budget and confirming to program requirements.

VIESTE will customize a scope of work to meet the needs of each client, and can address all critical phases of the development process through the following:

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Understanding our client’s goals and possibilities is where our financial advisory services begin. In coordination with each client, following identification of an appropriate scope of work, a feasible financing plan is developed. Plans are based on rigorous quantitative analysis that allow for modeling alternatives, evaluate risks and reflect consideration of private and/or public finance best practices.

VIESTE often gets involved at the earliest stages of project development to support our clients during the negotiation of the projects’ contractual framework to ensure that the proposed arrangements are conducive to implementing an optimal financing package.

​As an independent advisor, we consider all possible sources of financing which may be available for your projects when recommending a financing strategy. Our team will customize a scope of work that may include the following:

Project Development

Transaction Structuring

Execution

 

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headquarters exterior

OUR SERVICES