REAL ESTATE DEVELOPMENT
We have extensive experience in conducting
due diligence to support or reject proposed real estate development.
We have helped determine the viability of resort, hotel, meeting and
convention, and apartment developments.
of ten resorts to determine the attractiveness of the markets
for a company that owns and leases single-family and multi-family
in resort communities.
- Study to determine if an owner of hotels
in a number of markets
should sell or retain the properties. Interviews were conducted
managers of competing properties to determine their occupancy
rate, the average room rate and if they rely on business or leisure
We also determined the economic climate of the area and the
forecast for the next few years, if major employers are entering
the area and if any new hotels were planned in the area.
to test the viability of a hotel near the University of Chicago.
Interviews were conducted with administrators
past visitors to the University and University of Chicago
- Research to explore the viability of a
resort near Lake Kissimmee, Florida. The feasibility of the development
based on input from meeting planners, nature organizations
and tour wholesalers.
surveys were also conducted.