Affordable Multifamily
Affordable Multifamily
BBG has deep experience in the affordable apartment analysis segment.
Our specialized expertise includes workforce or broadly affordable housing, HAP subsidy contracts, inclusionary zoning programs, low income housing tax credit allocations, bond-financed communities, and USDA subsidy contracts.
Affordable Housing Financing/Encumbrance Types
- LIHTC Encumbered
- HAP Contract Subsidized
- Bond Financed Housing
- USDA Contract Subsidized
- Workforce Housing
- Inclusionary Zoning
- Broadly Affordable
Clients
- Developers
- GSE (Freddie/Fannie) lenders
- HUD lenders
- Banks
- Syndicators
- Private Lenders
- Tax Credit Allocation Committee
Services
- Market and Feasibility Studies
- Appraisals
- Rent Comparability Studies
- HAP Mark Up to Market
- Portfolio Valuation
- Partnership Valuation
- Litigation Support
Critical Valuation Issues
- Layering of subsidies and income restrictions
- Utility Allowance reimbursement/treatment
- Regulatory requirements for various programs
- Feasibility of new development or renovation programs
- Partnership valuations for LP and GP positions in ownership
- Tax exemption valuation impacts
- Rental assistance demonstration program
- Ground lease analysis
- Qualified contract valuations
Mary Ann Barnett, MAI
Senior Managing Director - Affordable Multifamily Practice Leader
Mary Ann is the Senior Managing Director of the Dallas office and an expert in affordable and commercial product lines. She is a Partner at BBG and has extensive experience in commercial real estate valuation. She has significant expertise with multi-family valuation, feasibility, and market studies of conventional and affordable properties. She also has extensive experience in the valuation of condominiums, single-family subdivisions, and hotels. Mary Ann manages BBG’s multi-family, HUD oriented, and affordable housing work. She has particular expertise in LIHTC and HUD MAP financed multi-family housing.
Multifamily Statistics
Specialists
Clients Served
Annual Projects
Bundled Due Diligence Services
One-stop shop for valuation + assessment services.
Our Services
Valuation and Assessment Services
- Market study
- Feasibility
- Zoning reports
- Environmental studies
- Title
- Surveys
- Property condition reports
- Appraisals
- Strategic advisory
Advisory Services
- Portfolio valuation
- Organization design and governance
- Financial reporting
- Lease audits
- Tax appeal
- Monitoring
- Cost segregation
- Refinancing
