Services: Retroactive Market Analyses/ Appraisal/ Expert Testimony
Location: Las Vegas, Nevada
Lake Las Vegas is a large master planned community in Henderson, Nevada. The community was planned for three golf courses, casinos, hotels and a variety of home types. The developer created a master plan that was not supported in the marketplace, but the developer obtained a $500,000,000 loan and dispersed the funds, leaving the project insolvent. The law firm of McKool Smith of Dallas, retained THK Associates, Inc. to prepare retroactive market analyses and appraisals for all the land uses, private and public golf courses, significant resort/residential uses, hotel, and retail commercial uses, to demonstrate the lack of market support and overvaluation of the community by their appraisers. Depositions were given and the case settled before trial. THK’s market feasibility and appraisal resulted in a very substantial settlement for the client.
Services: Appraisal/Expert Testimony
Location: Weld County, Colorado
THK Associates, Inc. represented seven landowners as an expert for HROP Law. The seven properties were being condemned by the Burlington North Santa Fe Railroad for a multi-modal container terminal rail facility. THK provided appraisals and assessments of damages, when applicable, for the seven properties. Five of the cases required depositions and three properties were tried by Commission or Jury. In each case, the award or settlement was significantly higher than what the BNSF Railroad initially offered.
Services: Market Feasibility, Cash Flow Projections and Valuation
Locations: Alabama, Colorado, Georgia, Kansas, Michigan, Missouri, Texas and Wyoming
THK Associates was retained by Grow Your Storage/ Uplift Development Group to determine the market and financial feasibility of over 40 different self-storage facilities within eight states. THK engaged in a wide breadth of activities to service the client’s needs. The self-storage feasibility study identified the current market supply and demand for self-storage along with projected household growth over the next decade. This demand for self-storage eventually created the foundation for establishing absorption potential and financial feasibility. Valuation at stabilization was then completed for each site under study.
Services: Self-Storage Market Feasibility, Cash Flow Projections and Valuation
Location: Various States
THK Associates was hired by Furniture Row to determine the market and financial feasibility of their surplus land holdings throughout the United States. THK was able to assess the current demand for self-storage along with projected household growth over the next decade for a number of locations. This demand for self-storage eventually created the foundation for absorption potential and financial feasibility for Furniture Row surplus land holdings, allowing THK to best assist in setting forth a future development plan. Additionally, valuations at stabilization were then completed upon each analysis.
Services: Self-Storage Market Feasibility, Cash Flow Projections and Valuation
Locations: Storage Star Fort Collins, Colorado, Dallas, Texas, Northern Salt Lake City, Utah, and San Fransisco Bay Area, California
THK Associates was hired by Follett USA to determine the market and financial feasibility of six different self-storage facilities within four states. Each self-storage feasibility study identified the current market supply and demand for self-storage along with projected household growth over the next decade. This demand for self-storage eventually created the foundation for absorption potential and financial feasibility. Valuation at stabilization was then completed upon the analyses.
