Coriolis assisted the owners of an existing older multi-family property – Seaview Garden Estates – in marketing their property for redevelopment via a competitive Request for Proposals (RFP) process. Several very attractive offers were received and the successful proponent entered into a conditional agreement. All conditions have now been satisfied, and the sale is scheduled to close in mid February.
Coriolis designed and managed a Request for Offers and disposition process for the sale and redevelopment of a privately owned high density residential site in West Vancouver. The ownership of the property is structured as a corporation, with individual shareholders having leases on apartment units in the existing older structure. Coriolis helped the shareholders develop a strategy for disposition and has designed and implemented a process for receiving offers, agreeing on the preferred offer, and accepting offers to purchase.
The City of Richmond conducted an RFP for some of the space available in the Olympic Skating Oval after the Olympics were complete. We provided assistance in the review of RFP documents.
West Vancouver conducted an RFP for a seniors housing site. After receipt of proposals, Coriolis was retained to assist in the evaluation of the proposals, selection of a preferred proponent, and negotiation of agreements.