Economic Development Advisory Services
Providing data-driven advisory and consulting services with the goal of enhancing the market value of commercial properties in need of repositioning, and to enhance the capacity of local government to make sound, effective economic development decisions.
Commercial Real Estate Services
EDFRI offers extensive experience in the conceptualization, capitalization, investment analysis, and execution of commercial real estate development projects. EDFRI provides a flexible and cost-effective option for cities/towns, investors, and property owners to secure advisory expertise in advancing projects from concept to market.
- Gap Analysis: EDFRI can undertake proforma analysis of development projects to
identify gaps in project capitalization. This Gap Analysis can be used by municipalities to
identify and validate private market requests for incentives, as well as be used by
private developers to identify and secure non-conventional capital. - Investment Analysis: EDFRI can assist private, nonprofit, and public entities to analyze
the projected investment performance of commercial real estate development projects
including optimum capital structure and incentives. - Project Execution Planning: EDFRI offers its extensive development expertise to assist
developers and/or property owners to assess public entitlement requirements and
processes with the objective of designing realistic execution steps and timelines. - Project Representation: EDFRI can represent development projects in building
awareness, input, and support with regulatory entities and stakeholders.
Development Impact Analysis
Working with cities/towns or private developers, EDFRI can perform economic and/or fiscal impact analyses resulting from development projects or economic development strategies. These impact analyses can have value in securing public sector support and securing/awarding incentives.
Tax-Increment Financing
Tax-Increment Financing is a powerful and flexible tool that can be used by cities and towns to underwrite a wide array of economic and community development projects including infrastructure, real estate development, and workforce training to name but a few. EDFRI can assist cities and towns in analyzing and designing tax-increment financing districts and programs consistent with state statutes.
Strategy & Program Design
EDFRI can assist cities and towns in designing economic development strategies and programs. Examples of programs/services include omnibus tax-stabilization programs, redevelopment district planning, small-business revolving loan programs, economic development element to municipal comprehensive plans, advisory services to redevelopment agencies and economic development organizations/commissions, and meeting facilitation.
Program & Project Management
