The Atlantic Report

MIDOS Development, a newer entrant in the Los Angeles real estate space, truly stands out with their extensive construction background, as a team of contractors turned real estate developers. After years of construction and development on behalf of their clients, they are now able to utilize their in-house construction company. With unique access to tradesmen, they are more easily able to make their creative ideas for Los Angeles apartment buildings into a reality. Being Los Angeles natives, they have unique insight as to the local need of beautiful apartment rentals, as many Angelinos simply cannot afford housing in Los Angeles. They are working to assist with the housing crisis and to help LA neighborhoods into the housing of the future

While other land developers need to subcontract much of the actual development process, MIDOS’s team has the resources, personnel, and experience to complete projects in a more cost-effective way. Rising labor and material costs do not affect MIDOS as much, because they can better control costs and schedules, allowing them to develop closer to true cost. This makes it possible for MIDOS to pass the increased margins along to their investors and partners. 

One of the founders, David Hirsch, has a tech and marketing background, and has a unique understanding of scaling processes while maintaining quality and results. He shifted that experience to construction and has successfully completed hundreds of construction projects. Another MIDOS partner, Jake Heller, has a long-time real estate background, with his father being a successful LA real estate developer. This early exposure helped form his passion for development in Los Angeles. The MIDOS owners are Los Angeles natives, so they understand the need to support solid infrastructure, to help make for stronger communities. Jake Heller says, “MIDOS has a way of identifying the unique elements of local communities and executing on projects that support its growth. People need an affordable place to live, where they can feel safe and secure, and where they can interact with the surrounding community.” He adds, “At MIDOS, we are strategically bringing ideas to reality and building sustainable apartment communities for residents to experience.”

In addition to MIDOS’s own experience, they also have maintained close relationships with a growing team of experienced advisors and partners, including some of the biggest names in LA development.

With a company ethos driven by wholesome, hardworking, and humble nature, MIDOS has recently been exploding in activity, with over 100 units currently in development, and with plans to bring 10 more multi-family development projects to market in 2022.

MIDOS Development

MIDOS Development is the unique way of creating value in the Los Angeles real estate market. As a developer, our company’s uniqueness largely stems from our extensive construction background, where our internal team has successfully completed hundreds of construction projects throughout the Los Angeles region.

Most land developers are required to subcontract much of the actual development process, driving up costs for each project, and which requires ceding control to less invested parties.

Our unique ability to channel our construction resources, processes, personnel, and experience to the world of land development allows us to build more effectively, and more cost effectively than many other developers, all while performing development projects with dignity and character.

For more information, please visit Midosdevelopment.com

https://www.linkedin.com/company/midos-development-group/

Media Contact
Company Name: MIDOS
Contact Person: Jake Heller
Email: Send Email
Address:6350 Laurel Canyon Blvd, unit 404
City: North Hollywood 91607
Country: United States
Website: Midosdevelopment.com