CONFIDENCE BEFORE
COMMITMENT
Independent insight for consequential property, construction
and development decisions.
Helping owners, lenders, investors and professional advisors
identify risk, understand options and make better-informed
decisions before significant capital is committed.
EXPENSIVE PROPERTY MISTAKES OFTEN BEGIN BEFORE CONSTRUCTION
STARTS.
The wrong property
An unrealistic budget
An overlooked site condition
A construction draw funded ahead of actual progress
An incomplete scope
A missed development constraint
A poorly evaluated contractor proposal
A decision made without enough information
White Rim brings experienced construction, property and development judgment to the decision before the consequences become expensive.
White Rim brings experienced construction, property and development judgment to the decision before the consequences become expensive.
WHO WE SERVE
LENDERS AND PRIVATE CAPITAL
Construction progress and project-risk intelligence supporting informed draw and capital decisions.
ATTORNEYS
Technical construction consulting and litigation-support capabilities within demonstrated areas of professional experience
DEVELOPERS & INVESTORS
Property feasibility, development considerations, construction economics and capital-decision support.
PROPERTY PROFESSIONALS
Experienced construction and development insight when a client's property decision involves questions outside ordinary brokerage or transactional expertise.
PROPERTY OWNERS
Independent analysis for significant construction, property, land and development decisions.
FOUR CORE PRACTICE AREAS
PROPERTY & DEVELOP- MENT INTELLIGENCE
POTENTIAL CAPABILITIES:
Property feasibility
Land due diligence
Raw-land consideration
Access and utilities
Septic / well considerations
Site-development exposure
Entitlement considerations
Development potential and yield considerations
Constructability
Preliminary construction-cost
exposure
Rural and off-grid development considerations
Understand the property before committing to the opportunity.
CONSTRUCTION & PROJECT INTELLIGENCE
POTENTIAL CAPABILITIES:
Plans and scope review
Estimate analysis
Bid comparison
Budget evaluation
Change-order review
Construction-cost analysis
Reconstruction methodology
Project-risk identification
Construction documentation review
Understand the project before committing the capital.
LITIGATION SUPPORT & EXPERT SERVICES
POTENTIAL CAPABILITIES:
Construction defect evaluation
Standard of care analysis
Scope and cost of repair opinions
Construction document and contract review
Water, fire and mold damage causation
Reconstruction methodology and scope
Site observation and forensic documentation
Pre-litigation and Purchaser Dwelling Act support
Expert disclosure and report preparation
Deposition and trial testimony
Rebuttal and responsive analysis
Independent construction judgment, within demonstrated areas of professional experience.
PROJECT OVERSIGHT & VERIFICATION
POTENTIAL CAPABILITIES:
Construction progress observation
Draw request verification
Percent complete assessment
Schedule-of-values review
Budget-to-actual tracking
Out-of-sequence work identification
Draw documentation review
Owner representation
Pay-application review
Change-order verification
Contractor prequalification
Closeout and completion verification
Verify the progress before releasing the capital
WHY WHITE RIM?
Experience across the entire property lifecycle
Construction
Arizona General Residential B and General Small Commercial B-2 qualifying-party experience.
Development
Experience acquiring raw land, entitlement, horizontal development, community development, commercial development and property redevelopment.
Homebuilding
Nearly 400 residential homes and custom lots developed/built through prior development and homebuilding companies.
Executive Development
Former Chief Estimator, Development Manager and Vice President of Land Acquisition & Development with Monterey/Meritage Homes.
Engineering & Construction Education
Bachelor of Science, Arizona State University, 1989 — Magna Cum Laude. Construction-focused Engineering and Applied Sciences curriculum.
Restoration
IICRC certifications: WRT · ASD · MRT · FSR
Real Estate
Active Arizona Real Estate Broker License. (Brokerage services are provided separately through the appropriately licensed employing brokerage and are not White Rim Enterprises services.)
EXPERIENCE BEYOND CONVENTIONAL CONSTRUCTION
Each engagement is tailored to the specific assignment scope, client objectives, and applicable requirements/standards.
FEATURED EXPERIENCE
MONOGRAM SALON SUITES
Phoenix, Arizona
FROM LAND OPPORTUNITY TO STABILIZED COMMERCIAL ASSET
White Rim founder Russell Hermann identified the commercial opportunity, participated in site acquisition and development, obtained construction financing, developed the approximately 8,000-square-foot project, coordinated leasing and operations, and structured an SBA-backed permanent financing/takeout strategy following stabilization.
The project opened fully leased and occupied upon issuance of the City of Phoenix Certificate of Occupancy.
Acquisition • Development • Construction • Leasing• Financing • Ownership
Acquisition • Development • Construction • Leasing• Financing • Ownership
Collection of Sold Properties
Experience a Higher Standard..
PRINCIPAL ADVISOR
RUSSELL J. HERMANN
Founder & Principal Advisor
Property • Construction • Development
Russ Hermann brings decades of practical experience across construction, estimating, land development, homebuilding, commercial development, reconstruction, real-estate investment and owner representation.
His career has progressed from field construction and project management through estimating and executive land development, development-company ownership, general contracting, real-estate brokerage and owner-side advisory work.
His perspective is based not merely on evaluating projects, but on having acquired land, entitled it, financed it, developed it, built on it, operated property and ultimately managed assets through multiple stages of the property lifecycle.
HOW WHITE RIM WORKS
UNDERSTAND
Define the property, project, opportunity and decision.
ANALYZE
Review available documents, conditions, costs, assumptions and risks.
ADVISE
Identify material considerations, alternatives and appropriate next steps.
DECIDE
Help the client make a better-informed decision before committing significant capital.
BEFORE YOU COMMIT CAPITAL, GET EXPERIENCED
EYES ON THE DECISION
Independent Insight. Experienced Eyes. Better Decisions.
◆ Northern Arizona • Statewide Perspective ◆
Assignment Intake
DISCUSS YOUR ASSIGNMENT
DISCUSS YOUR ASSIGNMENT
Service descriptions and engagement terms subject to applicable professional, licensing and regulatory requirements.
Advisory Services
Property • Construction • Development
Confidence Before
Commitment
Start a Conversation
Discuss your property, construction
or development decision before committing capital.
Who we serve
Attorneys
Lenders & Private Capital
Developers & Investors
Property Professionals
Property Owners
Property oversight and home watch services are provided separately through White Rim Home Watch LLC and are not White Rim Enterprises services.