Services: Market Research and Absorption
Location: Sheridan Lake, Kiowa County, Colorado
THK assisted Kiowa County Economic Development Foundation (KCEDF) in determining the development feasibility and market potential of building affordable housing opportunities throughout Sheridan Lake, Kiowa County, Colorado. THK created an economic base analysis and displayed a thorough understanding of the surrounding supply and demand marketplace for affordable housing along with demand factors from a proposed $2B wind energy project . Data included interviewing key people and qualifying existing and proposed competitive developments, quantifying pent-up affordable housing demand today, and projected affordable housing demand over the next decade. (New Para) THK’s data on housing characteristics by affordability, unit-type, square footage, rental rate, and occupancy was used in conjunction with regional and local planning efforts to determine a suitable and receptive development. THK’s research projected affordable housing demand by unit type, rental rate, and size in order to recommend an appropriate development that blended seamlessly into the surrounding community. This was a CHFA certified market analysis.
Services: Golf Course Operations Analysis and Appraisal
Location: San Francisco, California
The iconic Presidio property, once a military operation, offered a multitude of uses including a championship golf course. The golf course was managed by a private operator with a long-term lease. As the lease was nearing expiration, THK Associates, Inc. prepared an extensive golf course market analysis and valuation of the facility to assist the Presidio in negotiating a more favorable lease.
Services: “As-Is” and “As-Redeveloped” Values
Location: Denver, Colorado
The Mullen Home property is owned by the Denver Archdiocese and was operated by The Little Sisters of the Poor for senior housing. After suspending operations for senior housing, THK provided an “As-Is” value and an “As-Redeveloped” value for the asset for planning purposes. The property is currently being used for affordable housing by The City and County of Denver and is slated for redevelopment for Senior Housing.
Services: Estate Planning Appraisals
Location: Various States within the United States
THK assisted our client in appraising 34 properties across all asset classes in 10 states throughout the United States for estate planning purposes.
Services: Multi Use “As-Is”, “As-Complete” and “As-Stabilized” Values
Location: Colorado Springs, Colorado
For financing purposes, THK provided value estimates at various stages of completion for existing and proposed lodging facilities, existing and proposed golf course facilities, residential lots, and clubhouse/recreational facilities for the Flying Horse and Flying Horse North communities.
