Advastar

BACKGROUND

Please describe your company and position.

I am the President of Lucid Web Group

Describe what your company does in a single sentence.

We are a full service digital marketing agency

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Advastar to accomplish?

• Hire a web development manager
• Hire an HR specialist

SOLUTION

How did you find Advastar?

Online Search

Why did you select Advastar over others?

• High ratings
• Pricing fit our budget
• Good value for cost

Describe the scope of work in detail. Please include a summary of key deliverables.

I engaged with Advastar to hire a web development manager. They sourced a number of candidates for me and I ended up hiring one of them. While this project was ongoing, my HR specialist quit so I decided to ask Advastar to find a replacement. They did so relatively quickly and she was hired within 6 weeks of the project start date.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

1. We were able to hire a web development manager within 12 weeks after not finding any suitable candidates on our own after a 6 month search (we actually hired two people on our own, neither of whom worked out).
2. We hired our HR specialist within 6 weeks
3. Both employees are still on our team.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

All deliverables (initial candidates, screened candidates, contract assistance, onboarding) were assigend on time.
They were extremely responsive. In fact, I don't think we ever even waited more than 12 hours for a response to any emails we sent them.

What was your primary form of communication with Advastar?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

They were extremely responsive. In fact, I don't think we ever even waited more than 12 hours for a response to any emails we sent them.

Are there any areas for improvement or something Advastar could have done differently?

None. This was an extremely positive relationship. When I need more hiring assistance in the future, I will definitely return to Advastar.

BACKGROUND

Please describe your company and position.

I am the Managing Director of Navrang Realty

Describe what your company does in a single sentence.

At Navrang Realty, we believe real estate is not just about properties — it’s about people. With years of expertise in guiding homebuyers and investors, we’ve built our reputation on transparency, trust, and genuine care for our clients. 

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Advastar to accomplish?

• We retained Advastar to provide owner's representation on a two-building ground-up distribution center development totaling 550,000 square feet, overseeing the general contractor and protecting our investment from pre-construction through tenant turnover.

SOLUTION

How did you find Advastar?

Referral

Why did you select Advastar over others?

• Pricing fit our budget
• Great culture fit
• Company values aligned

Describe the scope of work in detail. Please include a summary of key deliverables.

Advastar embedded a full-time owner's representative on our largest speculative distribution development to date. Our fund manages capital allocation and tenant relationships internally but does not employ construction professionals, so we needed someone who could represent us in the field with the authority and judgment of an in-house team member. The engagement started during the GMP negotiation phase, where Advastar reviewed contractor pricing against comparable projects in their database and flagged two line items that were materially above market, which we used to negotiate a lower guaranteed price before breaking ground. During construction their representative ran the weekly OAC meeting on our behalf, maintained a rolling cost forecast tied to our fund-level reporting model, managed the submittal and RFI process, reviewed every pay application and change order before it reached our desk, conducted biweekly quality inspections with photo documentation and produced a monthly investor report formatted to our LP template. At project close they managed the punch list, assembled the closeout documentation package and coordinated the handoff to our property management partner. Key deliverables included a pre-construction cost benchmark, monthly investor-ready project reports, a change order log with disposition notes, a quality inspection archive, a warranty tracker and a post-project lessons learned document.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Both buildings reached substantial completion 22 days ahead of the contracted date, which let our leasing team deliver early access to a tenant who had been asking to begin racking installation before the holidays. Final hard costs came in 2.8 percent under the GMP after Advastar's representative challenged four change orders that lacked supporting field documentation, three of which the GC ultimately withdrew. The project passed all municipal inspections on the first submission cycle with no required corrections, a result our construction counsel said he had not seen on a spec industrial project of this scale in the Indianapolis market. We executed leases on both buildings within 90 days of certificate of occupancy and the asset is performing ahead of our Year 1 underwriting assumptions. Our LP advisory committee cited the quality of the monthly reporting as a factor in their decision to increase their commitment to our next fund.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Advastar's representative treated our reporting obligations as seriously as the fieldwork itself. Every OAC meeting produced a same-day written summary broken into two sections: one for our development team with construction detail and one for our investor relations group with cost and schedule impact framed against the fund model. That dual-audience format meant we never had to repackage field updates for LP consumption, which saved our IR team several hours each month. When the GC requested a concrete pour sequence change that would have shifted the Building B timeline by three weeks, Advastar's representative modeled the downstream impact on our lease commencement assumptions and presented us with two options before we had to respond to the contractor. His instinct was always to frame decisions in terms of what they meant for the investment, not just for the job site, and that orientation aligned perfectly with how our fund operates.

What was your primary form of communication with Advastar?

In-Person Meeting

What did you find most impressive or unique about this company?

The quality that distinguished this engagement from other owner's rep relationships we have had was Advastar's representative's ability to operate at the intersection of construction management and fund-level reporting without needing coaching on either side. He understood carry implications, preferred return hurdles and LP communication norms well enough to frame every field decision in language our investment committee could act on immediately. Most owner's reps we have worked with deliver excellent construction oversight but treat the financial reporting as an afterthought or a template to fill in. Advastar's representative approached the monthly investor report as a first-class deliverable and our fund controller told me it was the cleanest project-level reporting she had seen from an external partner. That financial fluency is what made us comfortable giving him decision-making authority on site that we would not normally delegate outside our own team.

Are there any areas for improvement or something Advastar could have done differently?

N/A