Independent valuation, evaluation, feasibility analyses, appraisal review, and "opinion-of-value" services for all commercial property types and land uses, fractured and partial interests, and specialized assets.  Greg’s former MAI designation and state certifications provide institutional-grade credibility for any valuation engagement.

•       Independent appraisal, valuation, evaluation, and feasibility reports (all commercial property types and land uses).

•       Appraisal, valuation, and feasibility review (third-party report review, critique, and written opinion).

•       BOV, BPO, and third-party valuation reviews.

•       Going-concern valuation.

•       Fractured or partial interest valuations and advisory.

•       Partnership interest valuations.

•       Leased fee, leasehold, and sandwich valuations.

•       Easement valuations.

•       Insurable value estimates.

•       Purchase price allocations.

•       Valuation for financial reporting (VFR) and mark-to-market services.

•       Replacement and reproduction cost estimates.

•       Highest and best use studies.

Independent underwriting, financial modeling, Discounted Cash Flow ("DCF") analysis, sensitivity analysis, and analytical services for individual assets, portfolios, and capital stack structures.  All models are custom-built in Microsoft Excel© and/or Argus to institutional and Client-prescribed standards.

•       Third-party underwriting (custom Microsoft Excel© models and Argus).

•       Cash flow modeling and discounted cash flow ("DCF") analysis.

•       Development pro forma analysis.

•       Feasibility analysis.

•       Forensic underwriting and valuation.

•       Annual financial reporting models.

•       Cost-benefit analysis.

•       Pro forma analysis and studies.

•       Agreed-Upon Procedures ("AUP").

•       Mixed-use and special-purpose property analytics.

•       Desktop asset, portfolio, and transaction reviews (individual and portfolio-level, as well as entire capital stack).

This is not only one of our strongest skill sets, but it is the “binding agent” and cornerstone for all of the services that HAUTE provides.  Every single Microsoft Excel© model and analysis we create is customized, bespoke, and engineered to the exact specifications of each Client. We are experts at "quantifying all of the qualifying."

•       Customized, bespoke CRE financial model development (acquisition, disposition, recapitalization, hold/sell, development).

•       Existing model audits, error detection, and optimization.

•       Model audits of other third-party models.

•       Legacy spreadsheet rebuilding and modernization.

•       Excel 365 advanced architecture (LAMBDA, LET, dynamic arrays, pivot tables, XLOOKUP, etc.; no macros or VBA in any of our models - they can break, and that's bad).

•       Multi-asset and portfolio-level model construction.

•       Sensitivity, scenario, and stress-test model design.

•       Argus-to-Excel migration and parallel modeling.

•       Investor reporting, debt, and equity waterfall distribution models.

•       Loan-level and debt service modeling.

•       Template and reusable tool development for internal teams.

•       Financial model training and knowledge transfer.

Strategic advisory on debt, equity, Mezzanine (soft and hard), capital stack structure, financing strategies, and capital stack optimization.  HAUTE advises on the structure and terms of your capital - we do not originate, procure, or broker it.  Your lender and your capital markets broker remain your execution partners.  We ensure you are making the right structural decisions before you engage them.

•       Debt structuring advisory and consulting.

•       Capital stack analysis and optimization.

•       Debt maturity analysis and refinancing timing strategy.

•       Mezzanine and preferred equity structure advisory.

•       CMBS and conduit finance consulting.

•       Joint venture and partnership structuring advisory.

•       Refinancing and recapitalization strategy.

•       Institutional, pension fund, and REIT financing advisory.

•       Investment analysis and strategy development.

•       Buy-sell analysis.

•       Buy-versus-lease analysis.

Comprehensive due diligence services for acquisitions, dispositions, asset and portfolio reviews, buy-sell-hold-refi analysis, and debt and equity capital requirements. From desktop analysis and review to field inspections, HAUTE provides the independent verification that protects all CRE capital and property commitments.

•       Acquisition and disposition due diligence consulting.

•       Environmental report review (Phase I/II review and risk assessment).

•       Construction budget review, draw monitoring, and development cost oversight.

•       Land use, zoning, entitlement, and development analysis.

•       Field inspections and asset-level underwriting.

•       Document reviews and opinions (loan, lease, property tax, insurance, PSA contract, operating agreements, PPMs, etc.).

•       Property condition and assessment report review.

•       Asset summary reviews (ASRs).

•       1031 tax-deferred exchange analysis and advisory.

•       Consulting foreign nationals on domestic CRE acquisitions.

•       Insurance coverage evaluation.

Ongoing or periodic asset- and portfolio-level services for owners, lenders, capital providers, servicers, and CRE-related third parties requiring independent monitoring, reporting, and analysis across multiple disciplines. These services are often engaged by banks and private credit providers for underperforming or non-performing loan portfolios.

•       Portfolio analysis, valuation, evaluation, and advisory.

•       Asset management consulting.

•       Asset surveillance and monitoring.

•       Operating expense benchmarking and analysis

•       Capital expenditure planning and reserve analysis.

•       Fund performance tracking and reporting.

•       Asset protection consulting.

•       Tenant rollover analysis and lease expiration management.

•       CAM reconciliation reviews.

•       Lease abstracts, audits, and reviews.

•       Rent, tenancy, and occupancy analysis.

•       Corporate real estate planning and strategy development.

Advisory services for distressed assets, non-performing loans, and capital structures that require modification, restructuring, or workout.  Greg’s direct experience in CRE capital stack workouts - from both the borrower and capital provider (debt and equity) perspective - provides the practical knowledge required to navigate these situations effectively.

•       Capital workouts, loan modifications, and restructurings.

•       "Hope notes," A/B structures, rate buydowns/credit enhancements

•       Rescue equity, Discounted Pay-Offs ("DPOs"), Payment-In-Kind ("PIK") structures, etc.

•       Equity restructuring and recapitalization advisory.

•       Receivership advisory and support

•       Deed-in-lieu and short sale analysis

•       Bankruptcy consulting and advisory.

•       Note purchasing consulting and valuation.

•       Loan and note valuations.

•       Distressed asset analysis and disposition strategy.

Independent market analysis, demand/supply/absorption studies, and feasibility research for investors, developers, capital providers, and institutions evaluating market conditions, site potential, or asset-, portfolio-, and project-oriented viability.

•       Market research and demand/supply analysis.

•       Highest and best use studies.

•       Feasibility and marketability studies.

•       Surplus and excess land studies.

•       Site selection analysis and advisory.

•       Adaptive reuse and repositioning strategy.

•       Absorption and demand forecasting.

•       Highest and best use studies.

•       Rent analysis and rental rate studies.

•       Special and custom market research studies.

•       Assemblage advisory and consulting.

Targeted advisory services for specific situations, disputes, or regulatory requirements that fall outside the scope of standard asset or portfolio oversight or transaction review.

•       Property tax assessment appeals and consulting.

•       Rental rate disputes and arbitrage.

•       Opportunity Zone advisory and compliance analysis

•       Cost segregation study review and coordination

•       Tax credit analysis (LIHTC, historic tax credits, New Markets Tax Credits)

•       Estate and trust CRE advisory (valuation and strategy for CRE assets held in trusts, estates, or family entities)

•       Arbitration and mediation consulting.

•       Evaluating buy/sell opportunities (non-brokerage advisory).

•       Assemblage consulting and analysis.