Housing Market Studies for Tax Credit Syndicators and Investors

Development Strategies is included on what are often very short lists of market analysts for major national lenders, tax credit syndicators, and equity investors that require third-party market studies for various real estate products. Our primary expertise is in market rate and affordable housing, but we have completed market studies for office, retail, hotel, industrial, and mixed-use developments. These clients value Development Strategies’ expertise and to-the-point writing style, as well as the objectivity, creativity, and thoughtfulness that goes into each project

While we are members of the National Association of Housing Market Analysts, we are respected for going beyond standard requirements and boilerplate descriptions. Our studies leverage our continued investment in geographic information systems (GIS), top quality demographics from ESRI, and data sources including national subscriptions to CoSTAR. Unique among the vast majority of market analysts—who most often focus on the rental income component of a project—Development Strategies understands the expense side as well—tapping a national database of projects and real estate connections to utilize actual expenses for relevant properties in our analyses.

Development Strategies recognizes that by the time these proposed affordable housing developments reach us, they have been through years of planning and have already been approved by the state’s housing agency. Our objective is to not stand in the way of well-conceived projects, but to advise our clients which projects will very likely have long-term marketability, design, competitive, or other issues of concern for any investor, let alone one that will hold a position in the property for at least 15 years and will face recapture of the LIHTC if the project fails.