Scott McLean

Development Advisors was featured in a recent issue of the Colorado Real Estate Journal. You may read a copy of the article by clicking here. As a result of successfully performing church facility projects over the past six (6) years, Advisors has become recognized as the pre-eminent full service church facility services organization in Colorado. […]

Does your church routinely save a portion of the income it receives from tithes and offerings? I’m not talking about monies budgeted for Missions. That’s an expense. I am talking about saving some of your precious income for future unforeseen circumstances or perhaps expanding your church facility. It is absolutely critical in our personal lives,

Churches have congregants with valuable skills including real estate and development experience. But rarely does a church have volunteers who have developed a fully functioning commercial church facility. Every church needs the guidance of professionals. Development Advisors now have years of learning (and making mistakes) how to execute these church specific projects.

Should a church lease or own its church facility?  Advisors believe that most churches should own their property to build-up equity for future expansion, to lower facility costs, and to avoid paying property taxes.In Colorado, in order to qualify for real property tax exemption, a church must both own the property and also use the

Have you ever heard someone describe a particular land parcel could be purchased inexpensively? There is usually a good reason for that. You get what you pay for. Cheap land usually requires exorbitant cost to prepare it for vertical construction. Trying to compare land costs is like trying to compare watermelons and kiwi. They are

Just like your personal home payment, Advisors recommend that a church’s total facility expenses should not exceed thirty-three percent (33%) of a church’s annual income. These facility costs include both debt service (principal and interest payments) and the costs to operate the property (utilities, exterior maintenance, mechanical system maintenance, interior cleaning, insurance, trash, snow removal,

An expanding church’s goal is to create a fully functioning church facility at the lowest possible cost that will succeed in retaining existing members and capturing new attendees. By “fully functioning” we mean all project costs including formulating a strategic planning document, acquiring real property, retaining professionals for engineering, designing, fund raising, financing, construction, installation

Development Advisors, LLC is pleased to announce that Crossroads Community Church purchased the former Burt Chrysler Jeep Dodge Automobile property, located at Lincoln Avenue and Twenty Mile Road in the Town of Parker, Colorado, on February 29, 2012, for $4.5 million. This 45,449 square foot building sits on a 8.7 acre site, was constructed in

Development Advisors is pleased to announce the availability of another Denver area Class “A” Church property. This 51,200 SF Church property, located along I-70 in Genesee (just west of Golden) at 24887 Genesee Trail Road, was previously home to Lookout Mountain Community Church. Constructed in 2002 for approximately $11.8 million, today it is being offered

Here are my thoughts and those of Ben Richards (Share Financial-Dallas, TX). Passing the plate is not the most effective way to collect tithes and offerings, even though most churches still deploy this long standing collection tradition. Today, more and more churches are not passing the plate, instead are opting to have a dedicated place

This question is frequently contemplated by church leaders across the country. The logical answer is… a church should relocate when it has outgrown its current facility. This means that the church can no longer grow in its current space. Maybe your church needs more seats or maybe you need more children’s space. The bottom line,

Advisors is proud to report that our client, Crossroads Community Church, has successfully raised 100% of its new facility debt resources through a bond underwriting conducted by Share Financial. This allows Crossroads to acquire the 45,000 square foot, former Burt Chrysler, Jeep automobile dealership located at 9900 Twenty Mile Road in Parker, Colorado. Like most