ABOUT

Darrell J Leamon, principal of Terra Pacific Development, is a veteran real estate developer, industry consultant, and California licensed broker. He has purchased, planned, entitled, and built residential subdivisions both as a principal and executive for America’s largest homebuilders. Total acquisitions have resulted in approximately 11,000 dwellings and $11 billion in sales. Strengths include market and project specific research and analysis, acquisition, capital formation, and project entitlements.

Approximately one-half of all acquisitions have been urban in-fill and/or rezone and repurpose as governments increasingly press to contain growth within their existing boundaries and densify urban cores.

Whether it be rezoning, subdividing, amending existing permits, improving on planned architecture, or solving an infrastructure problem, land should always contribute to the bottom line.

There is great satisfaction in fulfilling a vision that others may have not imagined. Leamon’s mission is more than getting to “yes”. He thrives on unlocking and maximizing the highest and best use of land. This achievement will always result in both private and public benefit.

SERVICES

A full range of pre-acquisition, acquisition, planning, entitlement, capital formation and disposition services are offered on a fee basis. All services include, as needed, the management of third-party professionals such as engineers, architects and market consultants. All services include, as needed, private and public presentations, workshops and statutory hearings.

Acquisitions & Dispositions - Besides understanding a project, the most important aspect of acquisition is credibility with property Sellers. Transparency and good communication are key to great relationships. Respect for the Seller and faultless integrity will pay dividends in every acquisition.

DRE licensed in California, expert brokerage services are offered with a vast network of buyers, sellers, and broker relationships.

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Identify Opportunities
- Market Research
  - Jobs / Housing Balance, trends
  - Affordability Indices, historical vs present
  - Absorption vs. Pipeline Inventory Analysis
  - Value Ratio Graphing
  - Identify Target Buyers
  - Identify of Best Product Fit
Project Analysis
- Thorough and Dynamic Acquisition Proformas
- Due Diligence
  - Political Assessment
  - Physical Assessment
Negotiate Purchase and Sale Agreements
- Thorough and concise
- Manage Legal Counsel
- Self-drafting (as appropriate)
- Responsive to Project Limitations
Develop Credibility with Seller
- Integrity
- Respect
- Responsiveness
Title and Escrow Coordination
- PTR Review
- Resolve / Negotiate Title Issues
Dispositions
- Expert evaluation from a Builder’s Perspective
- Coordinate Marketing Materials
- Supervise Target Marketing
- Experienced Negotiation