Developing property is much more complex than acquiring property and requires expertise in arcane zoning rules and processes, environmental and habitat issues, archeological and historical elements, design conflicts (form versus function), construction methods and efficiency, marketing idiosyncrasies, and, of course, politics and community outreach. A failure to properly address any one of these areas can delay a project for months, if not years. The upshot: effective management is everything in ground-up development and profits and losses are almost entirely dependent upon how well the developers navigate through the above perils.

Henna’s principals are experienced with all aspects of the development process, and they limit the number of development projects they pursue at any one time to a manageable level.