The major elements of the business philosophy that guide the operations of Halferty Development Company are as follows:
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Long-Term Investment Builder
Time and patience are required to accomplish the maximum realization of profit from investment properties. Therefore, to achieve maximum return on Company investments, every operating decision is based on long-term goals. This philosophy allows the Company to manage the development process through the short-term business cycles of project acquisition, entitlement, construction and lease-up, and into the stabilization and asset management of the final product. -
Integrity
Ethics and honesty form the cornerstone of the Company. Every aspect of its business relationships–both inside and outside the organization–is based on an inflexible standard of reliability and integrity. -
Reliable Service
Real estate development and management is a service business. Satisfied customers create economically viable investment properties; and optimum service, in well maintained, premium-quality work places, is the way in which the Company serves its customers. -
Sensitivity to the Environment
The Company, like society itself, is comprised of individuals who were born into a world that was here before us and will be here after us. Therefore, Company decisions are based on a recognition of its obligation to make the world a better place in which to live. The Company bases all of its business dealings–from the earliest stages of planning and design to its long-term relationships with investors and tenants–on its obligation to preserve and enhance the environment, and to be responsive to the needs of every community in which it conducts business. -
Product and Operational Standards
Quality simply outperforms the marketplace. It is what long-term investment partners seek, tenants expect, government agencies support, and the general public demands. The operations of all Company properties are conducted at a level of quality consistent with the highest standards in the industry–at the same time surpassing the competition in revenue generation and profitability whenever possible. -
Respect Between Company and its Employees
A harmonious work place increases the productivity of each member of the organization. The Company’s internal policies treat employees with respect and encourage everyone to adopt the company standards and goals for themselves. The Company promotes from within whenever possible; encourages active participation in professional organizations relating to each employee’s particular area of expertise; and provides opportunities for higher education and continuing training programs; all of which, supports a work environment distinguished by an atmosphere of trust, creates a sense of genuine teamwork and encourages each employee to reach his or her individual potential.