ABOUT US
ABOUT US
Founded in 2013, The P3 Group, Inc. has grown into one of the nation’s leading international real estate development and consulting firms. The P3 Group specializes in business, community, and urban development through the creation of Public-Private Partnerships, also known as P3’s. The P3 Group is the nation’s largest, minority owned, real estate developer that focuses exclusively on Public-Private Partnerships. We use tax-exempt lease purchase agreements funded with revenue bonds, certificates of participation, or private placement memorandums to deliver capital necessary to design-build and finance facilities for public entities and non-profits. We never require our public partner to advance any upfront capital as we provide a 100% turnkey design-build finance solution. Design-Build-Finance? You can BANK on us!®
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.
ROBUST AND EFFICIENT COMMUNITY FOCUS DELIVERY METHOD
Our robust collaborative brings national resources to underserved communities and use local contractors, vendors and suppliers to deliver public capital projects quickly and efficiently with a goal of leaving 85%-100% of every construction dollar in the local community. The P3 Group also execute structured acquisitions through sales and leasebacks; and lease leasebacks which allow government agencies and nonprofit organizations to convert short term commercial real estate loans into long term, low-interest, tax-exempt financing. Public Private Partnerships between a government agency and The P3 Group can be used to design, build, finance projects, such as public transportation networks, student housing, healthcare facilities, fire stations, police stations, other public safety facilities, infrastructure, parks and convention centers. Financing a project through a public-private partnership can allow a project to be completed quickly and efficiently with no upfront capital from our public partners.
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.
WHAT WE DO
