• Skip to main content

 Upcoming Webinar Series: Critical Issues Facing Higher Education - RSVP Today

Econsult Solutions, Inc.

News + Insights
Contact Us
  • About
    • Staff
    • Senior Advisors
    • Careers
  • What We Do
    • Practice Areas
    • Analytical Capabilities
    • Strategic Initiatives
      • Tourism Strategic Planning
      • US-China Policy Research: ANBOUND
    • Resources
      • Recovery Services: Building a Resilient Post COVID-19 Future
      • Constraints on New Hampshire’s Workforce Recovery
      • Community Data Analytics
      • Philadelphia Housing Index
  • Our Impact
    • Reports
    • Multi-client Studies
    • Case Studies
    • Clients
    • News + Insights
      • ESI Blog: Present Value
      • Company News
      • Media Mentions
      • Newsletters
  • Center for the Future of Cities
    • Research Agenda
  • News + Insights
  • Contact Us

Real Estate

Real Estate

  • Property Value and Impact Studies
  • Market Studies and Development Feasibility
  • Affordable and Public Housing
  • Public Financing
  • Litigation Support
  • Clients
  • Contact Us

Practical Knowledge for Complex Analyses

Econsult Solutions' real estate practice marries academic-level rigor with real world experience to provide government and private sector clients with a wide range of analyses, advice, planning, and presentation.

https://econsultsolutions.com/wp-content/uploads/2020/10/EconsultSolutions_RealEstate-Promo1.mp4

The Latest Insights

SEPTA Regional Impacts

The Impacts of SEPTA Regional Rail Service on Suburban House Prices

Econsult Solutions, Inc. (ESI) used data on single-family house transactions over the 2005 to 2012 period in Bucks, Chester, Delaware and Montgomery counties to estimate the property value premium that results from being located close to a Regional Rail station. Using a hedonic regression model, we found that proximity, service frequency and commuter parking all contribute […]

Read More
avi-werde-7KDqzUW3Ml4-unsplash

COVID-19 Implications for Real Estate Through 2020

Well, now we know. Speculation on when the long bull market, economic expansion and real estate boom would come to an end has been answered. While the official statistics lag behind reality, it is hard to imagine that we have not entered R20 – Recession 2020. The COVID accentuated slowdown will impact the real estate market and […]

Read More

Property Value and Impact Studies

Crucial to determining the underlying value of assets is a deep understanding of dynamic real estate markets coupled with the analytical capabilities to model data and identify economic trends. Going beyond the traditional appraisal process, we leverage property transaction data and statistical techniques to identify property value, to evaluate the implications of an investment decision or policy change on future property values.

roberto-catarinicchia-DqdOOfKpqHo-unsplash

The Economic and Societal Impact of Project HOME

Project HOME, a venerable community organization that has grown and expanded over the past thirty years, engaged to ESI to complete an in-depth analysis of its impact on the Philadelphia and the Pennsylvania economies to bolster its quest for continued support.

MCDOT-BRT

Property Value Impact of Proposed MD355 BRT

To establish the market value premium on real estate resulting from a new Bus Rapid Transit route in Montgomery County, MD, ESI analyzed a variety of locale-specific real estate data to determine population growth rate and development potential.

mikita-yo-FkoyQJxAGrQ-unsplash

The Economic and Fiscal Impacts of the Redevelopment of the Boxwood Site

When the owners of Boxwood, a former automotive plant turned brownfield site near Wilmington, DE, proposed redevelopment, they turned to ESI to quantify the positive economic impact that the fully repurposed site would have on surrounding property values.

Data Center_ESI

The Economic and Revenue Impact of Data Centers in Pennsylvania

If the Commonwealth of Pennsylvania were to provide location incentives to attract the data center industry, would they stimulate economic growth? ESI analyzed the potential for increased workforce opportunities and fiscal impacts for municipalities and the state.

Market Studies and Development Feasibility

Real estate development requires a unique combination of economic, demographic, land use, and financial considerations. Econsult Solutions' expert analytical services provide property owners, developers, and investors with the market knowledge they need to make business decisions. These real estate advisory services include market studies, financial feasibility evaluation, financing analyses (including Tax Incremental Financing (TIF), value capture, and Qualified Opportunity Zone (QOZ), and tax policy impacts.

Sharswood Phase 3

Market Analysis for the Sharswood Affordable Housing Redevelopment Project

Econsult Solutions has completed a series of market studies/housing needs assessments for the multi-phase affordable housing redevelopment project, Sharswood, to ensure it meets PHA's Choice Neighborhood mission.

1300-Fairmount-2

1300 Fairmount

ESI completed an initial and updated market analysis of a mixed-use, transit-oriented, in-fill development project informing the unit type, target tenant mix and rental range.

shopping-carts-cropped

Commercial Real Estate Investment and Tenant Mix Evaluation

Market analyses help determine optimal end use and tenant mix for a commercial real estate project. For Select Properties' proposed development in Montgomeryville, PA, Econsult Solutions provided an evaluation of local market demand.

Boyd

Financial Hardship Analysis

ESI completed a redevelopment feasibility study of the historic Boyd Theater in accordance with the financial hardship requirements of the Philadelphia Historic Commission. Expert testimony before the commission was also delivered in support of relief.

Opportunity Zone Advisory Services

We provide a comprehensive suite of advisory services for Opportunity Zone (OZ) investments. We offer development strategies, investment strategies, communication services, and impact evaluation. With our advanced quantitative skills and first-hand local government experience, we offer unique insights.

Wilmington skyline by night, viewed from New Jersey, across the Delaware River. Wilmington is the largest city in the state of Delaware.

Opportunity Zone Investment and Development Strategy for Wilmington, DE

ESI worked with the City of Wilmington's Office of Economic Development to build a communication and marketing strategy that would attract Opportunity Zone investors and developers.

Retail

We understand the full complexity of the retail industry and the importance of appropriate retail development to support the growth and revitalization of corridors and communities. Our ongoing work in retail, marketing, planning and economic development enables us to stay at the forefront of trends impacting retail shopping and sales, investment, and even store design.

chicago-graphic

Transforming Regional Economics of Neighborhood Development (TREND)

For the City of Chicago, ESI designed a comprehensive web-based survey that collected data about shopping patterns. Committed to understanding all neighborhoods in Chicago, our team employed innovative, neighborhood-based approaches to capture underrepresented  geographies and populations in the city.

North-Broad

2021 State of North Broad

ESI, in partnership with The North Broad Renaissance, released the 2021 State of North Broad report, which highlights demographics and development within the North Broad census tracts, and the impacts the COVID-19 pandemic has had on the corridor.

Historic Preservation

ESI understands the true value of preserving and revitalizing the rich history that fills the country. We provide comprehensive analyses and evaluations to help support and encourage the further investment and development of historic conservation. This includes not only quantitative analyses but also qualitative impacts that can supplement project planning and evaluations.

Alley

The Economic Benefits of Historic Preservation Activities in PA

ESI was retained by the PA Historical Museum Commission and Preservation PA to show the economic benefits of investment in historic preservation.

Independence Hall

Historic Preservation in Philadelphia

ESI performed an economic impact study of historic preservation in the city. The analysis included estimates on private real estate projects, rehabilitations by governments and non-profit entities, and residential conversions.

Affordable and Public Housing

As experts in urban planning, economics, and public policy, Econsult Solutions has supported cities and states with their efforts to increased housing options through data analytics and policy advice. We also work with developers to provide compliant market studies for their tax credit applications and to help them maximize the value of their credit allocation. Our affordable housing practice includes expertise in preparing housing market forecasts, housing needs assessments, economic and demographic trend analyses, housing policy assessments, and Tab 4 Market Studies for LIHTC submissions.

family-4989137_1920

Housing Needs Assessment

For Presby's Inspired Life, Econsult Solutions completed a market study determining housing needs for the organization's Low-Income Housing Tax Credit (LIHTC) application.

apartments

NJHMFA: Compliance for Multifamily Affordable Housing

Econsult Solutions employs pro forma modeling and economic analysis in reviewing proposed project for compliance with the New Jersey state laws.

house-3362676

Mt. Laurel Affordable Housing Obligations in Mercer County, NJ

Econsult Solutions calculated the affordable housing obligations in accordance with the 1975 Mount Laurel Doctrine for a consortium of 565 municipalities across New Jersey.

Public Financing and Incentives

With insightful data-driven analytical capabilities and trusted experience, the support Econsult Solutions provides clients seeking funding and grant opportunities plays a significant role in their successful applications. Our clients have been awarded PA RACP program funding, and we have provided advisory services to municipalities on their Qualified Opportunity Zone programs.

Harrisburg

Redevelopment Assistance Capital Program

We work with developers, business owners, nonprofits, and public agencies to help them review the requirement of RACP, if they meet those requirements, and position their project to show to what extent it will have positive regional economic impacts and achieve the desired outcomes of the RACP program.

OZ

Opportunity Zone Advisory Services

We provide a comprehensive suite of advisory services for Opportunity Zone (OZ) investments. We offer development strategies, investment strategies, communications services, and impact evaluation.

architecture-building-city-concrete-439416

Tax Incremental Financing Analysis

Tax Incremental Financing (TIF) can stimulate development or redevelopment. To aid in understanding the fiscal impacts, we can calculate the tax increment for either an individual project for a TIF district. We can then calculate how much borrowing the annual TIF payment can support.

Litigation Support

We provide expert support for a variety of litigation matters. Our professionals have credentials in economics, urban planning, real estate, transportation, and community and economic development. Furthermore, they have the analytical capabilities to conduct the range of analyses required to develop defensible reports and testimony.

bernd-klutsch-nE2HV5AUXFo-unsplash

White Papers and Reports

We prepare objective, thorough, defensible reports based on high-level economic and statistical analysis, including:

  • Economic and fiscal impact studies.
  • Financial feasibility analyses.
  • Due diligence reports.
  • Market studies.
Club

Expert Testimony

Our professionals have the experience and credentials to submit expert reports, depositions, and trial testimony, in a wide variety of disputes, including:

  • Commercial damages.
  • Real estate damage calculations.
  • Valuation.
  • Interest rate determination.
  • Bankruptcy proceedings.
  • Business interruption claims.

Select Real Estate Clients

  • Arcadia Properties
  • Brandywine Realty Trust
  • Carlyle Group
  • Chestlen
  • Concordia Group
  • Covington & Burling
  • Delaware REALTORS Association
  • DePetro Real Estate Organization
  • Dranoff
  • Gattuso Development Partners
  • Goldenberg Group
  • Harvey Hanna and Associates
  • HFL Corporation
  • Hill International
  • Hunt Company
  • Liberty Property Trust
  • Mason-Dixon Resorts
  • Meadowlands Management
  • National Real Estate Development
  • Oliver Tyrone Pulver Corporation
  • Oren Brothers
  • Parkway Corporation
  • Pennrose
  • PREIT
  • Project HOME
  • Radnor Property Group
  • Romspen Investment Corporation
  • Santander
  • Scannapieco Development Corporation
  • Shift Capital
  • Southern Company
  • Tower Investments
  • Wexford Science + Technology
View Client Map

Stay Current with Econsult Solutions

Sign up to get the latest news and updates delivered to your inbox.

Subscribe

Ready to Learn More?

Let us help you find a solution to your most pressing challenges. Our staff and advisory board consists of experienced professionals that provide the highest levels of technical expertise in economics, analytics, and thought leadership.

Angelides, Peter-web4
Stanek, David-web

Peter Angelides
President & Principal
angelides@econsultsolutions.com

David Stanek
Director
Stanek@econsultsolutions.com

  • This field is for validation purposes and should be left unchanged.

Get In Touch!

215.717.2777

1435 Walnut Street, 4th Floor
Philadelphia, PA 19102

About Us

We use our creative, economic lens to help businesses and policymakers better understand and serve their communities, markets, and customers nationwide.

Join Our Mailing List

Subscribe

© 2021 Econsult Solutions, Inc. All Rights Reserved.

Design by Spacious