MARKET POSITIONING AND PRICING ANALYSIS
Fullerton, California
Retained by a private real estate investment firm to conduct a site-specific analysis on the proposed acquisition of a 128-unit apartment complex. The analysis evaluated the locational attributes and the market positioning of the subject property, the supply and demand conditions of the competitive market area, land-use planning issues, and the impacts of nearby retail and industrial land-uses on the future marketability of the subject property. The property was eventually syndicated and closed escrow.
MARKET OVERVIEW ANALYSIS
Riverside, California
Prepared an extensive market and economic analysis on the proposed acquisition of a 304-unit apartment complex that eventually closed escrow. The study assessed the existing apartment market and projected future rental rates. Specific elements of the study included: a survey and description of competitive projects, a market assessment of the property's location, a Market Positioning and Pricing analysis and estimate of the property's "value-added" market potential, a demographic analysis of the local and regional areas, including population, age/income distribution and ethnic composition; and a summary of apartment market trends in the Inland Empire.
MARKET OVERVIEW ANALYSIS
Ontario, California
Prepared a market and economic analysis for a real estate syndicator on the proposed acquisition of a 150-unit apartment complex. The study included a survey of competitive projects, a market assessment of the property's location, a Market Positioning and Pricing Analysis and estimate of the subject property's "value-added" market potential, a demographic and economic analysis of the area, an analysis of the impacts of local redevelopment efforts, and a summary of the apartment market in the Inland Empire. The property was eventually syndicated and closed escrow.
PRE-ACQUISITION DUE DILIGENCE ANALYSIS
Fontana, California
Retained by a private real estate investment firm to conduct an analysis on the market feasibility of acquiring a 187-unit apartment complex. The study analyzed factors influencing the future economic and market viability of multi-family product in the general Fontana area. Specific elements of the study included a site assessment of the subject property, an evaluation of Fontana's crime rates, an evaluation of Fontana's school district, an assessment of the local retail market, an overview of apartment rental rates, an evaluation of local demographic and development trends, and a summary of land-use patterns and their impact on the subject property's general area. The analysis concluded that the proposed acquisition provided an unfavorable investment opportunity.
MARKET POSITIONING AND PRICING ANALYSIS
Santa Ana, California
Performed an analysis for a real estate investment firm on the proposed acquisition of a 160-unit apartment complex. The study assessed the existing apartment market, current rental rates and recommended future rental rates. Specifically, the study included a site and neighborhood analysis, a description of competitive projects in the local market, a Market Positioning and Pricing Analysis, the "value-added" market potential of the subject property, and a demographic assessment of the local area. The property was eventually syndicated and closed escrow in December 1997.
PRE-ACQUISITION DUE DILIGENCE ANALYSIS
Loma Linda, California
Retained by a private real estate investment firm to conduct an analysis on the market and investment viability of acquiring a 69-unit apartment complex. The study analyzed the site-characteristics, project amenities and unit features of the subject property with competitive project's, and projected future rental rates based on market-driven conclusions. Specific elements of the study included a site assessment of the property and an evaluation of the competitive market area. The analysis concluded that the proposed acquisition provided an unfavorable investment opportunity.
LETTER OF OPINION
Chino, California
Prepared a general evaluation of local market conditions for a private real estate investment firm on the proposed acquisition of a 105-unit apartment complex and adjacent vacant parcel. The analysis evaluated the locational attributes of the subject property, overall market viability of the acquisition, and the impacts of the vacant parcel, along with an assessment of potential land-uses for the site. The analysis concluded that the acquisition provided a favorable investment opportunity.
LETTER OF OPINION
San Bernardino, California
Prepared a general evaluation of local market conditions for a private real estate investment firm on the proposed acquisition of a 212-unit apartment complex. The analysis evaluated the locational attributes of the subject property, the impacts of California State University at San Bernardino, located adjacent to the property, a general review of local market conditions and the tenant mix of competitive projects.
DISPOSITION AND PORTFOLIO STRATEGY
Southern California
Retained by a real estate investment and development firm to assist in the disposition and sale of a $40 million multi-family portfolio consisting of properties located throughout Southern California. The engagement included a Market Overview Analysis that reviewed the market position, economic conditions, management strategy and site-characteristics for each individual asset. The analysis assisted in the marketing efforts of the portfolio and in developing a unified marketing strategy for disposition. The portfolio is anticipated to close escrow in early 1998.
PORTFOLIO MARKET ASSESSMENT
Southern California
Retained by a real estate investment and development firm to conduct a Portfolio Market Assessment for a multi-family portfolio consisting of properties located throughout Southern California. The assignment included a market analysis of individual assets, a general assessment of economic conditions, and an evaluation of current management strategies, including rental rates, concession levels, marketing efforts, leasing programs, unit features, project amenities and proposed upgrades. The analysis assisted with current and long-term asset management efforts of the organization in assessing competitive projects and providing recommendations for the repositioning of individual assets.
MARKET POSITIONING AND PRICING ANALYSIS
Pacific Beach, California
Conducted a market analysis for a real estate investment firm and equity partner on the proposed acquisition of a 159-unit apartment complex. The study included a survey and description of competitive projects, a market assessment of the property's location, an evaluation of historical occupancy and rental rate trends, and the projected "value-added" market potential of the subject property.
MARKET POSITIONING AND PRICING ANALYSIS
West Covina, California
Performed an analysis for a real estate investment firm on the proposed acquisition of a 100-unit apartment complex. The study assessed the existing apartment market, current rental rates and projected future rental increases. Specific components of the study included a subject site locational analysis, a description of competitive projects in the primary and secondary market areas, a Market Positioning and Pricing Analysis, the "value-added" market potential of the subject property, and an overview of the local area's school district.
MARKET OVERVIEW ASSESSMENT
Vista, California
Performed an economic and market macro-level analysis for a real estate investment firm on the proposed acquisition of a 240-unit apartment complex. The study evaluated the San Diego County and North San Diego County apartment market on the overall risks/benefits and future market potential of the proposed acquisition. Specific components of the study included an economic overview, a supply/demand analysis, a subject site locational analysis, an overview of the local area's school district, and a historical evaluation of rental rates, inventory, occupancy levels and new construction trends.
MARKET POSITIONING AND PRICING ANALYSIS
Van Nuys, California
Retained by a private real estate investment firm to conduct a market analysis on the proposed acquisition of a 390-unit apartment complex. Specific elements of the analysis included: an evaluation on the locational attributes of the subject property, a detailed survey and description of competitive projects in the local market, an evaluation of historical occupancy and rental rate trends from a regional and local perspective, a summary of new construction trends, an economic overview, and the "value-added" market potential and estimate of future rents at the subject property.
MARKET POSITIONING AND PRICING ANALYSIS
La Jolla, California
Performed a market analysis for a real estate investment firm and equity partner on the proposed acquisition of a 385-unit apartment complex. The study analyzed the existing apartment market, current rental rates and projected future rental increases. Specific components of the study included a subject site locational analysis, a survey and description of competitive projects, an evaluation of historical occupancy and rental rate trends, a summary of new construction trends, and the "value-added" market potential of the subject property.
MARKET POSITIONING AND PRICING ANALYSIS
University City - City of San Diego, California
Performed a market analysis for a real estate investment firm and equity partner on the proposed acquisition of a 157-unit apartment complex. The study assessed the existing apartment market, current rental rates and projected future rental increases. Specific components of the study included a subject site locational analysis, a survey and property description of competitive projects in the local market, an economic overview of the regional area, an evaluation of historical occupancy and rental rate trends from a regional and local perspective, and the projected "value-added" market potential of the subject property, including specific recommendations on future rents.
MARKET POSITIONING AND PRICING ANALYSIS
City of San Bernardino, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 197-unit apartment complex. The study assessed the existing apartment market, current rental rates and recommended future rental rates. Specifically, the study included a site analysis, a detailed survey and description of competitive projects in the local market, an evaluation of historical occupancy and rental rate trends from a local and regional perspective, and the projected "value-added" market potential of the subject property.
MARKET POSITIONING AND ABSORPTION ANALYSIS
City of San Marcos, California
Prepared a market positioning and absorption analysis for a real estate development firm on the proposed development of a 499-unit apartment complex. The study assessed the existing apartment market and recommended the marketing positioning and absorption rates for the proposed development. Specifically, the study included a site analysis, a summary of planned and proposed projects, a detailed survey and description of competitive projects, and a micro/macro evaluation of the rental housing market.
MARKET POSITIONING AND PRICING ANALYSIS
Temecula, California
Retained by a private real estate investment firm to conduct a market analysis on the proposed acquisition of two properties, including a 220-unit and 124-unit apartment complex. Specific elements of the analysis included: an evaluation on the locational attributes of the subject property, a detailed survey and description of competitive projects in the local market, an evaluation of historical occupancy and rental rate trends from a regional and local perspective, a summary of new construction trends, an economic overview, and the "value-added" market potential and estimate of future rents at the subject property.
MARKET POSITIONING AND ABSORPTION ANALYSIS
Cities of Cupertino and San Jose, California
Prepared a market analysis for an institutional equity real estate firm on the proposed acquisition of a 116-unit apartment complex in Cupertino and the proposed development of a 223-unit project in San Jose.
STRATEGIC PLANNING MARKET ASSESSMENT
Anaheim, California
Retained by a real estate investment trust (REIT) to conduct a market overview analysis for the strategic planning of a 768-unit apartment complex. The objective of the analysis was to determine the overall investment viability and long-term market sustainability of the rental project. The study projected annual rental increases for a 1-3 year cycle and provided strategic "sell/hold" investment recommendations.
STRATEGIC PLANNING MARKET ASSESSMENT
Long Beach, California
Retained by a real estate investment trust (REIT) to conduct a market overview analysis for the strategic planning of a 158-unit apartment complex. The objective of the analysis was to determine the overall investment viability and long-term market sustainability of the rental project in an urban environment. The study projected annual rental increases for a 1-3 year cycle and provided strategic "sell/hold" investment recommendations.
MARKET REVIEW ANALYSIS
Riverside, California
Performed a market review analysis for an equity partner on the proposed development of a 300-unit student-housing rental project. The study reviewed the financial proforma and a market feasibility report on behalf of the equity partner and provided recommendations on potential problems associated with the proposed development plan.
MARKET POSITIONING AND PRICING ANALYSIS
City of Rancho Cucamonga, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 290-unit apartment complex. The study analyzed the local apartment market and recommended a repositioning strategy with projected "post-rehabilitation" rental rates.
MARKET POSITIONING AND PRICING ANALYSIS
City of Corona, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 628-unit apartment complex. The study assessed the existing apartment market and projected "value-added" market potential of the subject property.
MARKET POSITIONING AND ABSORPTION ANALYSIS
Henderson, Nevada
Retained by a real estate development firm to conduct a market positioning, pricing and absorption analysis on the proposed development of a 343-unit "market-rate" apartment complex. The study assessed the multi-family market and recommended the appropriate pricing and development program, including absorption rate, unit mix and features/amenities. The study included a site analysis, a future supply/demand market summary, survey of competitive projects, economic overview on the regional economy and a micro/macro evaluation of the rental housing market.
MARKET POSITIONING AND PRICING ANALYSIS
Community of Chatsworth, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of an existing 348-unit "market-rate" apartment complex. The study analyzed the local Chatsworth and San Fernando Valley apartment market and recommended a repositioning and "exit" strategic investment analysis with projected "post-rehabilitation" rental rates.
MARKET POSITIONING AND PRICING ANALYSIS
City of Temecula, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of an existing 318-unit "market-rate" apartment complex. The study analyzed the local Temecula/Murrieta apartment market; the single-family detached market and recommended a repositioning and "exit" strategic investment analysis with projected "post-rehabilitation" rental rates.
MARKET POSITIONING AND PRICING ANALYSIS
Buena Park, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 184-unit "market-rate" apartment complex. The study analyzed the Buena Park and rental market and recommended a repositioning and investment strategy with projected "post-rehab" rental rates.
MARKET POSITIONING AND PRICING ANALYSIS
West Covina, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 258-unit apartment complex. The study assessed the existing apartment market and projected "value-added" market potential of the subject property.
MARKET POSITIONING AND PRICING ANALYSIS
City of Orange, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 130-unit apartment complex. The study assessed the existing apartment market and projected "value-added" market potential of the subject property.
MARKET POSITIONING AND PRICING ANALYSIS
City of Long Beach, California
Prepared a market analysis for a real estate investment firm on the proposed acquisition of a 125-unit and 206-unit apartment complex. The study analyzed the local apartment market and recommended a repositioning strategy with projected "post-rehabilitation" rental rates.
MARKET POSITIONING AND PRICING ANALYSIS
Pacific Beach, California
Conducted a market analysis for a real estate investment firm and equity partner on the proposed acquisition of a 159-unit apartment complex. The study included a survey and description of competitive projects, a market assessment of the property's location, an evaluation of historical occupancy and rental rate trends, and the projected "value-added" market potential of the subject property.
MARKET POSITIONING AND ABSORPTION ANALYSIS
Community of Rancho Bernardo, California
Conducted a market analysis for a real estate investment firm and equity partner on the proposed acquisition of two apartment complexes within close proximity of each other. The study included a survey and description of competitive projects, a market assessment of the property's location, an evaluation of historical occupancy and rental rate trends, and the projected "value-added" market potential of the subject property.
MARKET POSITIONING AND ABSORPTION ANALYSIS
City of Henderson, Nevada
Prepared a feasibility analysis for a debt lender on the proposed development of a 343-unit apartment complex. The study assessed the existing apartment market and recommended the marketing positioning and absorption rates for the proposed development. Specifically, the study included a site analysis, a summary of planned and proposed projects, a detailed survey and description of competitive projects, a micro/macro evaluation of the rental housing market and a statistical demand model
MARKET POSITIONING AND ABSORPTION ANALYSIS
Murrieta, California
Conducted a market analysis for a real estate investment firm and equity partner on the proposed acquisition of a 420-unit apartment complex. The study included a survey and description of competitive projects, a market assessment of the property's location, an evaluation of historical occupancy and rental rate trends, and the projected "value-added" market potential of the subject property.
MARKET FEASIBILITY ANALYSIS
City of Milpitas, California
Conducted a full market feasibility analysis for a debt lender on the proposed new construction of a 96-unit "market-rate" apartment complex. The study included a survey and description of competitive projects, a assessment of the property's location, an evaluation of historical occupancy and rental rate trends, and final recommendations on the subject's rental rates, absorption rates, target market and overall feasibility with the marketplace.
MARKET FEASIBILITY ANALYSIS
City of San Marcos, California
Prepared a feasibility analysis for a debt lender on the proposed development of a 499-unit apartment complex. The study assessed the existing apartment market and recommended the marketing positioning and absorption rates for the proposed development. Specifically, the study included a site analysis, a summary of planned and proposed projects, a detailed survey and description of competitive projects, a micro/macro evaluation of the rental housing market and a statistical demand model.