Our Process
Waypoint manages the complete development lifecycle — from identifying the right piece of land to handing over keys on a stabilized community. Every project is owner-led, with Jarrett Woods personally involved at every critical decision point.
We identify infill and greenfield sites in markets with strong demand fundamentals — population growth, employment drivers, and undersupplied rental stock. Due diligence includes title review, environmental assessment, utility confirmation, and preliminary entitlement analysis before a contract is signed.
Navigating local planning and zoning processes requires relationships, persistence, and deep knowledge of municipal requirements. We manage rezoning applications, conditional use permits, site plan approvals, and community engagement — moving projects through the entitlement pipeline efficiently.
Waypoint specializes in HUD 221(d)(4) construction-to-permanent financing — a non-recourse, fully amortizing loan product that is uniquely well-suited for multifamily development. We have closed loans through Berkadia, Greystone, Dwight Capital, and other approved HUD lenders, and understand the process from initial application through final endorsement.
We assemble and manage the design team — architects, civil engineers, landscape architects, and MEP consultants — with a focus on budget discipline and constructability. Value engineering happens during design, not during construction. We select general contractors through a competitive bid process with a proven network of regional builders.
As owner's representative, Waypoint is actively involved throughout construction — tracking schedule, reviewing pay applications, managing draws, and resolving field issues before they become change orders. Our projects are built on time and on budget because we stay engaged.
We oversee marketing strategy, management company selection, and leasing performance from pre-leasing through stabilization. The goal is a fully leased, professionally managed community that performs to underwriting — and holds its value long-term.
The HUD 221(d)(4) program is the most powerful financing tool available for multifamily construction. It offers non-recourse, fixed-rate, fully amortizing 40-year loans at competitive rates — with no balloon, no refinancing risk, and no personal guaranty.
Waypoint has closed more than a dozen HUD-financed projects across multiple states and lenders. We understand the program's nuances — from FHEO requirements and Davis-Bacon wage compliance to the MAP underwriting process and HUD's construction inspection protocols.
We also provide HUD consulting services to third-party developers navigating the process for the first time.
Whether you're looking for a development partner or HUD consulting support, we'd like to hear from you.
Get in Touch