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Luxury Housing Project Proposal

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Submitted By Rittaritts
Words 2191
Pages 9
Luxury Homes Housing Project
University Of Phoenix
CPMGT/300
04/30/2016

Project Description
The Luxury Homes Real Estate Company shall be an Oregon-based company that will offer benchmarked rental units for the Eugene, Orange community. The Luxury Homes units will not only balance safety but also have cutting edge features as well a positive atmosphere for all tenants. These rentals will be provided to the Luxury Homes clients with an unmatched level of excellent customer service and attention (Kerzner, 2013). The sales for the Luxury Homes projected in year one will have a moderate growth by year 3.
Stakeholders for the Project
The Luxury Homes Real Estate Company will be created as a Limited Liability Corporation owned by its principal investors, Bradley Williams, Diana Smith and Nathan Scott. Bradley Williams will be the acting CEO and hold a 30% stake in the company. Diana Smith will be the interim CFO holding 30% shares of the enterprise as well (Kerzner, 2013). Nathan Scott will hold 10% while silent companies silent investors will hold the remaining 30%.

Project Charter
Project Definition
The Luxury Homes Real Estate Company is an enterprise that is involved in a vast array of aspects in the real estate industry. The primary expertise and experience of the company are not only in the development of lower cost living for students but also high quality up to date advance living technology environment. The property purchased by the company is a 50 unit at 14th Avenue on the corner of Hilyard, which is relatively close to the University of Oregon students (Garton, & McCulloch, 2012). Therefore, they will be quickly rented out to capacity within a period of nine months out of the year. The price of the rent will be reduced for the remaining three months and will be aimed at 65% capacity.
Project Scope
The Luxury Homes will target three distinct customer

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