Consulting services
What sets us apart is our unique approach to apartment ownership and development consulting. We pride ourselves on challenging conventional norms and thinking outside the box to bring fresh and innovative solutions to the table.
Our Consulting Services
Business Strategy
An effective business strategy is not a static document; it's a dynamic process that guides your organization towards achieving its goals. By defining your vision, analyzing your environment, setting clear objectives, and fostering a culture of adaptability, your business can thrive in an ever-changing world. Remember that crafting and executing a successful business strategy is an ongoing journey that requires dedication and continuous improvement
Mergers and Acquisitions
Mergers and Acquisitions (M&A) are significant corporate strategies involving the consolidation of two or more companies. These strategic moves can take various forms, each with its own implications and objectives
Sales and Marketing
Sales and marketing are two essential functions within a business that work closely together to drive revenue and promote a company's products or services. While they have distinct roles, their collaboration is crucial for achieving business objectives
Advisory Services
Advisory services refer to specialized consulting services offered by professionals or firms to provide expert advice, guidance, and recommendations to individuals, businesses, or organizations in various areas. These services aim to help clients make informed decisions, solve problems, and achieve specific goals.
Process Improvement
Process improvement is a systematic approach to identifying, analyzing, and enhancing existing business processes to increase efficiency, reduce costs, improve quality, and enhance overall performance. It involves a series of steps and methodologies aimed at optimizing workflows and achieving better outcomes.
Customer Experience
Customer experience (CX) refers to the overall perception and interaction a customer has with a company or brand throughout their entire journey, from initial awareness to post-purchase support. CX encompasses all touchpoints and interactions, including marketing, sales, customer service, and product usage. It plays a crucial role in building customer loyalty, satisfaction, and advocacy.
Properties
Hotel
Our hospitality professionals use market intelligence and national connections to help clients navigate the unique challenges of investing in and divesting from hotel properties. Strategic direction, operational advice, and our global network of services help you stay significantly ahead of evolving markets.
Dedicated leadership and teams in a national enterprise allows us to respond seamlessly to a diverse group of service lines—including Investment Sales, Debt & Structured Finance, Advisory, Valuation and Research—ensure institutions, individuals, investors, and lenders can make the most of their investments.
Office
Office Services for Occupiers:
Unlock value by improving productivity and optimizing office locations, portfolios, ownership and capital structures with our holistic solutions for workplace performance, talent attraction and retention, and cost reduction. Our global technology platform connects office professionals from all over the world who use market insight and experience to deliver strong outcomes for local, national and global occupiers.
Office Services for Investors:
With an approach that spans property sales, debt and structured finance, investment banking, valuation and advisory, property management, landlord leasing and project management solutions, we serve office properties—suburban offices, iconic high-rises and everything in between—in all major markets.
Multifamily
Unlock the potential of your residential real estate with expert investment, financing, valuation, due diligence and design strategies. With experience working on everything from large, complex portfolios to small private capital assignments, we understand how to provide clear advice that creates value and delivers results.
Property Types
Affordable Housing:
The need for affordable housing is acute—with millions of units required to meet demand.
Manufactured Housing and RV:
Find promising opportunities in manufactured housing and recreational vehicle (RV) communities with our investment sales, debt and structured finance and valuation services.
Senior Housing:
We offer a fully integrated platform of dedicated senior housing investment sales, debt and structured finance, investment banking, and valuation services
Student Housing:
We specialize in the acquisition, disposition, and valuation of institutional and private capital student housing assets.
Latest Multifamily Insights
Dallas/Fort Worth Multifamily Figures Q2 2023
Despite current economic uncertainty, employment indicators have shown continued signs of strength through mid-2023 as the metro area added a robust 205,000 jobs over the 12 months ending June 2023, according to preliminary monthly data from the Bureau of Labor Statistics.
Net absorption reversed course from last quarter with 5,726 units absorbed during Q2 2023, yet occupancy continued to decline, albeit marginally, due to the high volume of quarterly deliveries.
- Rents were virtually unchanged over the quarter and continued to drag annual rent growth down from 5.1% to 2.4%.
- Nearly 7,500 units were delivered in Q2 2023, an increase from last quarter and the highest quarterly delivery total DFW has recorded in two years.
- Despite starts slowing from last quarter, the total active pipeline reflects 73,178 units under construction with 21,116 of those units slated for delivery for the remainder of 2023.
- Dallas/Fort Worth led the country in multifamily investment volume over the previous rolling four quarters with $12.1 billion in sales, which accounted for 6.6% of the national total.
United States Construction Market Trends
The Current Situation
• According to the US Bureau of Labor and Statistics, the construction industry labor force increased by 2% in Q1 2023 while construction unemployment remains very low at 3.5%.
- As provided by the St. Louis FRED, the construction employment cost index is now up 5.8% from this time last year and had an increase of 1.8% compared to last quarter. Historically, this index has increased approximately 3.5% year-over-year since 2017.
- Finding skilled labor continues to remain a major challenge for all aspects of the industry inclusive of shipping and trucking, manufacturing and on-site construction.
Supply Chain & Material Availability
• Gasoline and petroleum costs are now much lower than their all-time highs last summer but are still significantly higher than pre-pandemic values.
- The general freight trucking index from the Bureau of Labor Statistics has declined or remained flat for the past year and is down almost 5% during that time.
- Availability has improved for many construction materials, while mechanical and electrical equipment continue to maintain extended lead times.
- Despite increased steel orders of 20% over the past quarter, wide flange beams, metal decking and bar joists have actually become easier to obtain. This is the largest increase in orders since Q1 2021.
Contractor Confidence & Construction Volume
• Contractor confidence remains somewhat mixed in the industry but seems to be on the upswing as confirmed by most of the publications monitored and surveyed by the Market Trends Team.
- According to the St. Louis FRED, commercial construction spending declined 3% in Q1 2023 after an increase of 10% the previous quarter. All construction spending, inclusive of commercial, was flat for two consecutive quarters before increasing by 3% in Q1 2023.
- Contractor backlog continues to remain very strong at +8.9 months nationally as reported by Associated Builders and Contractors (ABC) in June.
Cost Escalation
• The Consumer Price Index (CPI) rate fell to 4.1% in May, continuing down from its 40-year high of 9.1% in June 2022. By comparison, the 40-year historical US average is 3.8%.
- The Federal Open Market Committee (FOMC) continues raising interest rates as necessary in an effort to return inflation to the targeted 2% range.
Contact
Melanie Holton
Chief Compliance Officer
Alvin Johnson II
Building Development Officer
Larry D. West III
Chief Financial Officer
What clients say about us
Best practices with strong business and pragmatic local knowledge
Let us help you!
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