Utilizing The Myers Approach, TMG specializes in the purchase of a distinctly unique type of real estate referred to as "Investment-grade Pre-development Land" (a term Mr. Myers coined in 1986).  Unlike raw land, farmland, or simply pre-developed land, Investment-Grade Pre-development Land must be located in clearly predictable, well-defined, strong growth areas with access to currently existing and important roads. These characteristics essential in order to insure the land's best future development. All utilities necessary for its development must be available to the site. 

In addition, there must be enough short-term margin between TMG's acquisition and resale price to insure the investor, without undo risk, a predetermined, acceptable return on investment.

Significant capital growth on land investment occurs when land use is enhanced. Land use justifies the price a developer can afford to pay in order to economically justify development. Land is only as valuable as the use to which it can be put. Use determines value, and residential land use is easy to spot in advance of its development.

From 1962 to 2006 Mr. Myers along with his affiliated companies, has occupied a unique niche in the U.S. Real Estate industry. The Myers Group provides a valuable service to developers by placing the land they have purchased into a construction-ready state.

This enables the end use builder to initiate construction immediately after purchase, thereby significantly reducing the developer's lead time for approvals prior to the commencement of construction.

In this way, land value and marketability are enhanced.


 
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