Largest minority P3 developer in the USA. (800)896-5502
Founded in 2013, The P3 Group, Inc. has grown into one of the leading international real estate development and consulting firms that specializes in business and community development through the creation of Public Private Partnerships, also known as P3's. The P3 Group is the nation’s largest, minority owned, Public Private Partnership Developer. The P3 Group also specializes in structured acquisitions through sales and leasebacks; and lease leasebacks which allow government agencies and nonprofit organizations to convert short term real estate loans into long term, low-interest, tax-exempt financing. Public Private Partnerships between a government agency and private-sector company can be used to design, build, finance, operate, and maintain projects, such as public transportation networks, student housing, healthcare facilities, public.safety facilities, infrastructure, college dining halls, parks, and convention centers. Financing a project through a public-private partnership can allow a project to be completed sooner or make it a possibility in the first place.
OUR APPROACH TO P3’s
The P3 Group, Inc. offers a turn-key P3 solution for government agencies and nonprofit organizations throughout the United States and the Commonwealth of the Bahamas. Our strategic partnership with one of the nations largest construction management firms gives us access to more than $1.5 billion in bonding capacity. Through our investment banking/bond underwriter agreement with one of the nations leading firms, we have unlimited access to the capital markets. Our team of architects, engineers, attorneys, investment bankers, and bond underwriters that specialize in all aspects of P3’s, tax credits, and procurement. When the P3 Group is selected to develop a project through our P3 model, we make a substantial investment into predevelopment costs including, but not limited to, architectural, engineering, legal, and underwriting services. We are reimbursed these costs at the financial closing of the transactions. Our public partners do not have to focus on raising large sums of money to execute projects, rather they can simply budget affordable monthly payments that begin 6 to 12 months after the project is completed. We are also able to subject payments to annual appropriations for essential government services.
PUBLIC PRIVATE PARTNERSHIP
Public Private Partnerships can have contract periods of up to 30 years or longer. Financing comes partly from the private sector but requires payments from the public sector and/or users over the project's lifetime. The private partner participates in designing, completing, implementing and funding the project, while the public partner focuses on defining and monitoring compliance with the objectives. Risks are distributed between the public and private partners according to the ability of each to assess, control and cope with them.
Although public works and services may be paid for through a fee from the public authority's revenue budget, such as with hospital projects. In cases such as tolls for highways and wastewater treatment, payments are based on actual usage of the service.
Private-sector technology and innovation help provide better public services through improved operational efficiency. The public sector provides incentives for the private sector to deliver projects on time and within budget. In addition, creating economic diversification makes the country more competitive in facilitating its infrastructure base and boosting associated construction, equipment, support services and other businesses.