Real Estate Economics - Representative Engagements

The firm is a resource to developers, the government, and other property owners who seek to establish business strategies and address market, economic, governmental, and financial issues for their projects. While data may be increasingly available, we bring interpretation rooted in an understanding of the demographic trends that drive market demand and knowledge of the changing values and preferences which affect location and style choices.

The firm's services include:

• Real Estate Market Analysis
• Financial Analysis
• Development Feasibility Analysis
• Expert Witness Analysis and Testimony

Economic and demographic forecasts are used to develop segmented models of demand for real estate projects. We routinely deal with virtually all land uses including office, retail, industrial, residential, elderly/retirement housing, marina, and mixed-use facilities. Competitive position, locational advantages, and the physical needs of current development concepts are analyzed to determine market feasibility.

Our experience with real estate financial analysis provides greater insight on economic feasibility issues for both the private and public sectors. Detailed and complete analysis of development costs, cash flow, and investment returns help make market judgements more realistic and provide a basis for investment and financing decisions by both private and governmental funding sources.

Assignments have included apartment complexes, elderly housing, low-income housing, subdivisions, hotels, arenas, office, industrial, research park, and multi-use development projects; work-out/financial restructuring analysis; mix, absorption and sell-out projections; estimates of development costs; lease analysis; and financing terms and structures. We have prepared financial analyses and reviewed development packages for a wide variety of development projects including hotels, arenas, and other specialized facilities.