Real Estate Research and Market Analysis

The Advansé Group covers a variety of research assignments involving residential, commercial and industrial for individual firms and financial or professional service companies.

We handle projects of in-depth analysis and research of all types of residential, commercial and industrial properties including land for commercial or residential development along with "Highest and Best Use" studies.

Real Estate Solutions include:

The proper planning, presentation and implementation of any construction or development project could mean the difference between success and failure and provide the critical edge in an ever competitive market.

Advansé Group is positioned to provide its clients invaluable advice and guidance. We provide research services on an hourly or fee-base for research or analysis of real estate.

Market Analysis

A complete market analysis of any residential or commercial development requires the following considerations: a field survey of modern apartments; an analysis of area housing; an analysis of the area economy; a demographic analysis; and recommendations for development.

A summary of the market analysis will include:

• identification of market areas
• definition and character of the market area population including demographic, lifestyle clusters and socio-economics
• breakdown of the population into appropriate segments to determine potential users
• estimates of the number of customers appropriate for the proposed project
• identification and impact of other competitive factors
• recommended strategic direction for development

Economic Impact Analysis

What is an Economic Impact Analysis?
Economic impact analysis is the study of the way in which the direct benefits and costs of a project affect the local or regional economy. The impact region is determined by the client and can be the entire state, individual counties or a combination of multiple counties, neighborhoods or communities.

Economic Impact Analysis attempts to measure the consequences that a commercial or residential project or action will have on considerations such as neighborhoods, downtowns, local or regional employment patterns, wage levels, business activity, tourism, housing, and even migration patterns.

Methods and Tools
There are many different levels of sophistication in Economic Impact Analysis. The best method and level of effort for any given project depends on the scale, and complexity of the project.

Basic methods include market analysis and comparable case studies. Market studies consider demand and supply for business activity and then attempt to quantify the effects on the market of a change in taxes, wages, housing etc. caused by a project. Comparable case studies are most effective in evaluating the localized economic impacts of a project on neighborhoods, downtowns, or small towns.

More Advance methods encompass econometric analysis and economic modeling. Advansé Group approach is one that incorporate Bureau of Economic Analysis RIMS II methodoligy.

Feasibility Studies

A feasibility study is an analysis of the viability of an idea. The feasibility study is perhaps the most important step in any proposed development, as mistakes at this early stage can permanently handicap the project's performance. A good feasibility study is more than just a set of financial projections. Done properly, it becomes the market-driven strategic plan that is the road map for all subsequent decisions. As much as answering the question "Is a project feasible?", a good study also addresses the question of what is most feasible and what should all its attributes be to assure maximum success

Reason to do a study
Conducting a feasibility study is a good business practice. If you examine successful businesses, you will find that they did not go into a new venture without first thoroughly examining all of the issues and assessing the probability of business success. Below are other reasons to conduct a feasibility study.

• Identifies reasons not to proceed.
• Enhances the probability of success by addressing and mitigating factors early on what could affect the project.
• Provides quality information for decision making.
• Provides documentation that the venture was thoroughly investigated.
• Helps in securing funding from lending institutions and other monetary sources.

A good feasibility study follows specific steps:

• Market Area definition
• Demographics
• Socio-economics/lifestyles
• Competitive landscape

Financial Analysis

Research conclude your project to be feasible. The next phrase is to determine the project's financial feasibility. Whether it is a new business or development project or an existing one, getting the financial numbers right is critical especially for securing funding from lending institutions and other monetary sources.

Advansé Group can assist in defining the assumptions that drive the pro forma. Preliminary cost estimate will be developed that includes all cash outlays. Based upon market analysis, cost estimates, absorption rates, pricing and project concept plan, a three or five year pro forma will be made detailing probable revenue, expenses, profits, cash flow and ROI. Pro forma horizon and projection will depend on the type of development project, cost estimates and proposed financing structure.

Model Maintenance

An essential part of predictive modeling is to regularly update the information used within the model. The models must be refreshed and new data can be added to make the model more accurate. Since the model is built using past data, each month the results from prior months actual performance can be consolidated and added back into the model. Advanse Group has extensive experience in adding and refreshing the data for these predictive models.

The benefit of statistical modeling and business intelligence is tied to companies implementing efficient, repeatable processes that deliver accurate data. Advanse Group and it's partners has a team dedicated to maintenance, which includes:

• Regular processing to support ongoing statistical modeling efforts.
• Expansion of Info Mart systems to include new data attributes and transformations to support evolving business needs.
• Performance monitoring and tuning to allow consistent and accurate results in a timely manner.