We support our clients’ efforts to obtain incentives and development entitlements from governmental entities. Our services include: identification of potential funding sources, preparation of applications to governmental entities; negotiation of assistance; tax, fiscal and economic impact estimates and cost-benefit studies; and market and financial feasibility studies. We have extensive experience with such tools as Tax Increment Financing (TIF) and New Markets Tax Credits. In the past ten years, we have been involved as analyst/advisor in $900 million of public incentives in $3.5 billion of development transactions.
Development Advisory Services
SB Friedman advises municipalities, universities, health care institutions and other land owners with regard to the best means to maximize the value and stewardship of real estate. Our services are based on the concept that successful projects result from the synthesis of economic potential, physical capacity and client/community goals. We work closely with property owners to achieve these potentials through a number of services, including: market analysis to identify potential uses, directing teams of physical planners to evaluate site capacity, working with stakeholders to establish community or client goals, economic feasibility analysis, developer solicitation, and deal structuring. Because we are among the leading experts in public development finance and public-private partnerships, we are able to maximize use of both public and private financing. Over the years, we have consulted on major town centers, transit-oriented developments and university-anchored projects.