October 9, 2020 Market Study Fundamentals Webinar Series Agenda Please note: All session times are listed in Eastern Time (ET) Show Full Agenda Friday, October 9 Time Description 1:00pm Part 1: The Elements of Real Estate Market Analysis, Site Analysis, Primary Market Area & Economic Context Welcome & Introductions The Elements of Real Estate Market Analysis What a Market Study Is and Is NOT What are the different types of market studies Components of a Market Studies Understanding Scope of Work Site Analysis & Primary Market Area Site Analysis: understanding the site characteristics & plan Neighborhood Analysis Crime’s impact on marketability Defining Primary & Secondary Market Areas Primary Market Area vs. Housing Market Area Primary Market Area Considerations & Factors for Delineation of Primary Market Areas Market Area Red Flags Economic Context Labor Force & Unemployment At Place Employment 3:00pm Conclusion of Part 1 Friday, October 16 Time Description 1:00pm Part 2: Demographic Trends, Rental Market Trends and Conditions Demographic Trends Sources of Data (public and private) Factors Impacting Population and Household Trends & Projections Demographic Context & Analysis Drawing Conclusions from Economic Data Sources Rental Market Trends and Conditions Construction and Absorption Levels Characteristics of Housing Stock Rent & Vacancy Trends Pipeline Construction and US Census Data: Building Permit Data & Household Data Profiles 3:00pm Conclusion of Part 2 Friday, October 23 Time Description 1:00pm Part 3: Calculating Market Rent, Capture Rates, Demand Analysis, Rent Analysis & Drawing Conclusions Calculating Market Rent Capture Rates, Demand Analysis & Rent Analysis Factors Impacting the Relevance of the Comparable Properties Considerations for Age-Restricted Properties Comparable Properties for Rehabs Defining & Calculating Achievable Rent Rent Adjustment Grids Achievable Rent Red Flags Demand Analysis & Considerations Calculating and Interpreting Capture Rates & Penetration Rates Project Feasibility Rent Reconciliation Project Evaluation Absorption 3:00pm Conclusion of Part 3 Last modified: September 2, 2020 at 5:52pm EDT