Value Add Cowboy
Development

Innovative alternative real estate investment strategies provided by experienced real estate entrepreneurs

Our Opportunity Vetting Process

Operating Partner

  • Track Record of Performance

  • Conservative Assumptions

  • Background Checks

  • Reference Checks

Consultants

  • Environmental Review

  • Legal

  • Accounting

  • On-site Management

Investment Properties

  • Quality Tenants

  • Sales Comps

  • Rent Comps

  • In-Place or Path to Cash Flow

Market

  • Diverse Employment

  • Stable Population

  • Potential for Appreciation

  • Sustainable Tenant Demand

Our Services

  • We manage the full development lifecycle — from land acquisition and entitlement through engineering, design, and construction — delivering institutional-quality assets positioned for long-term value creation.

  • Our proprietary deal-sourcing process identifies off-market and value-add opportunities with asymmetric return profiles. We target acquisitions with clear paths to enhanced yield through repositioning, operational improvements, or strategic capital deployment.

  • Our advisory team provides comprehensive development and deal consulting on a fee basis, covering every stage from financing and entitlement through construction management, leasing, and disposition — so our clients can focus on strategy while we handle execution.

  • We provide full-service commercial leasing across the Las Vegas market, representing both landlords and tenants to maximize occupancy, optimize tenant mix, and drive sustained revenue performance for every asset class.

  • We deliver hands-on asset management designed to protect and grow investor capital. From leasing strategy and property operations to financing optimization and disposition planning, our team drives performance across all commercial property types.

Book cover titled 'The Smart Investor's Guide to How to Vet a Commercial Real Estate Operator', 2025 edition, by Andrew Dunn, Principal of VAC Development, with a cityscape illustration.

Before You Invest

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The VAC Development Report is our newsletter where we send updates on what we are seeing in the market, our current deal flow, and case studies of different markets and opportunities.