CODE OF EXCELLENCE
Product Diversity – At MacKenzie House, we operate four distinct housing divisions: Senior Living, Townhomes/Condos, Apartments and Neighborhood Development. Through a balance of rental and for-sale housing, we are able to achieve greater financial stability and consistency of cash flows with protection against market downturns.
Company Independence – The company is neither owned by nor beholden to anyone outside capital source, allowing for maximum economic interests and returns.
Proven Track Record – We have an established history of buying excellent sites early, and utilizing our entitlement and product design expertise to add substantial value to projects.
Supply-Constrained/High-Barrier Markets – Most of our projects currently under construction, are in submarkets with little or no known existing or forward competition. As premier housing development sites become more difficult to find, we benefit from our expertise and experience in difficult urban-infill sites.
Ownership Culture – Every MacKenzie House employee is an owner of the Company’s projects, allowing for lower salaries and promoting a corporate culture of ownership.
Separation of Land Acquisition from Vertical Construction – A separate land acquisition program puts an emphasis on obtaining control over the best sites, and patiently determining their highest use.
Company Character and Culture – The strong quality and character of our Senior Management and the entire MacKenzie House team promotes accountability, high energy and enthusiasm. Our ownership culture supports an atmosphere encouraging a low-ego meritocracy and an open flow of ideas resulting in healthy competition and corporate flexibility.
Repeat Teams and Transactions – MacKenzie House has achieved significant repeat transactions with design, construction, capital and management partnerships to create strong gains in efficiency, quality and financial results.
Integrated Design & Construction Management – A highly experienced design and construction management team enables us to effectively and efficiently use high-quality third-party architects and general contractors specifically suited for each project. This allows the company to execute exceptional design concepts and build timely, cost-effective and successful projects.
Institutional Quality Accounting & Reporting – The Company has policies and procedures which are designed to execute industry best practices and the leadership and staffing to facilitate smooth relationships with capital partners and lenders. |