MCCAFFERY INTERESTS, INC. targets investment in and the development or redevelopment of under performing, urban real estate. Since 1991, McCaffery Interests has successfully acquired, developed and/or redeveloped nearly $1BB of outstanding real estate assets.
A focus on minimizing risk and a determination to develop ‘the right thing’ has led McCaffery Interests to consider property development and redevelopment opportunities from a unique perspective. The idea of minimizing risk while maximizing value has led the company to identify the best use for a property that produces an acceptable return. Seeking to identify a lowest and best use alternative ensures that ‘risk’ receives equal or greater consideration than ‘return’ in the McCaffery Interest business plan. The mitigation of risk, identifying the best use and the creation of relative surety in the returns are prime motivators within the company’s philosophy.