Within the detailed section of our website, we present recent work efforts undertaken by our market analysis/multi-family services division. Highlights include:
- In conjunction with DHCR’s February tax credit submission deadline, GAR completed over 30 market studies and additional real estate appraisal work that was used for the applications. Our review of the application lists indicates that we completed over 50% of the work submitted to DHCR for the current funding round.
- We continue to be active in regards to HUD-related transactions. The most active programs that we have seen are 221-(d)(4), and 223-f/202 refiancings. We have completed numerous market studies and appraisals for both HUD funding programs throughout upstate New York, the Burroughs (namely Brooklyn), and recently completed a market study that will be submitted to the Hartford, Connecticut HUD office.
Our experience in other states continues to grow and expand. Recent highlights include:
- Multiple market studies completed in Arizona for the tax credit funding round (March) and syndicators.
Recent and ongoing work in the following states:
- Massachusetts
- Vermont
- New Hampshire
- Connecticut
- Michigan
- New Jersey