Allen & Associates Consulting provides market studies for a variety of property types including conventional multifamily properties, tax credit developments, HUD-subsidized and/or financed properties, Rural Development projects, and manufactured housing developments. Typical clients include developers, lenders, syndicators, and investors. We have also been retained to provide expert testimony in land use proceedings.
Our market studies include a comprehensive evaluation of supply and demand within a specific market area. In a typical market study we come to the following conclusions with respect to the subject property: (1) Market rents by unit type, (2) Achievable Rents by unit type, (3) Stabilized occupancy rates, (4) Demand by unit type, (5) Capture rates by unit type, and (6) Absorption rates by unit type.
We have experienced analysts on staff to assist you with your project. Our analysts work under the supervision of a certified MAI appraiser. We are also members of the National Council of Affordable Housing Market Analysts. Our firm is also MAP approved.