"Opening up a conversation can be opening up a world of new possibilities."

This is where bold thinking meets thoughtful execution. Let’s create something meaningful together.

What is Development Advisory?

We work with the talented and honest.

Paper City can be an extension of your development office or a knowledgeable technical partner. We focus on market-rate + affordable urban infill projects in NJ.

Development advisers keep the project team on track.

A project-specific strategy is key to success and control.

  • Analyzing feasibility for the highest and best use

  • Discuss your capital needs and objectives

  • Perform in-depth financial underwriting

  • Conceptual budget and cash flow pro forma

  • Procuring incentive and grant programs

  • Developing a marketing and leasing strategy

  • Property Due Diligence

  • Source and vet General Contractors

  • Deal Structuring

  • Secure Site Plan Approval and Entitlements

  • Planning the Scope and Phasing

  • Managing the hiring process for the project team

Our Services


Primary Capital Raising

We manage the full lifecycle of a capital raise:

  • Sponsor positioning and strategy refinement

  • Investor targeting and segmentation

  • Outreach and meeting coordination

  • Due diligence process management

  • Closing strategy


GP Advisory

We help managers institutionalize their platform:

  • Fund structuring guidance

  • Narrative and messaging development

  • Market positioning strategy

  • LP feedback integration


Emerging Manager Focus

We specialize in growing platforms that have delivered $50M-$75M projects:

  • Anchor investor strategy

  • Track record positioning

  • Credibility development

  • Early LP acquisition

“Our focus is always to provide homes in urban areas, not simply to increase density but to promote stability and growth.”

— GARDNER RIVERA, MSRED, FOUNDER

Questions before getting started? Get in touch.