Whetstone engages across the full arc of a ground-up project. The work below is delivered as a principal who carries the developer's interests as his own — Whetstone is never a broker, and is compensated on a development advisory basis, not commission.
Whether the deal pencils before money moves — highest-and-best-use, the pro forma, the yield-on-cost against exit, and the risk flags most first-time developers never see until it is too late.
Sourcing, letters of intent, and deal structuring. Whetstone evaluates and assigns opportunities as a principal, aligning the acquisition to a buildable, financeable outcome rather than a listing.
The path from parcel to permit — zoning, density, and the state and local programs (SB-driven small-lot and multifamily pathways among them) that decide whether a site is worth pursuing at all.
Structuring the capital stack — equity, debt, and the terms that protect the sponsor — so the project is financeable on terms that survive a hard market, not just a good one.
Carrying the project through design and delivery with the judgment of a developer who has absorbed thousands of homes into real markets, on real timelines.
The earliest decisions are the most expensive ones to get wrong.
Request a consultation →