CASE STUDY: How the PROFITFINDER process saved $9.8M and rescued a 259-unit student housing project.
Real Results.
Real Incremental Yield.
The Challenge
A Central Texas developer encountered a
critical bottleneck on a 259-unit student housing project. Rising costs and seemingly bloated supplier pricing pushed the construction budget beyond acceptable limits, threatening lender feasibility and investor returns. With a Q4 start deadline approaching, the developer needed a solution that would restore feasibility without value-engineering the project into a lower quality product.
The Solution
Strella’s PROFITFINDER! Our team launched a comprehensive plan review - at a line-item level and delivered a PROFITFINDER Savings Plan built on factory-direct materials and consultative savings via alternative service providers.
The Results
Without altering the design or reducing
spec levels, the project identified
$9,862,900 in total construction savings, restoring feasibility and protecting both lender confidence and investor returns.
The PROFITFINDER Impact
10.9%
Total Construction Cost Reduction
$38K
Average Savings Per Unit
$9.8M
Total Project Savings
The project’s financial viability was restored thanks to Strella’s PROFITFINDER.
Want to increase your yield?
Put the risk-free PROFITFINDER program to work on your next project - or cycle of projects.
Rising costs don’t have to define your project’s returns. Our expert
team is ready to review your current budgets to uncover hidden
savings – because remember, “Where there’s mystery, there’s
money!”
Contact Strella today and put PROFITFINDER to work.
