Market Research & Analysis
Representative Projects

Client:
RiverPark Development, LLC
The California Economic Forecast

Project Description:
Market research and analysis to provide product recommendations, and specific rental value projections for up to 1,062 units of high density, market rate multi-family rental units, as proposed for the RiverPark Specific Plan.

Client:
SIA Partners

Project Description:
Market research and feasibility analysis for Vintage at the Rose, a proposed 404 unit luxury apartment development.  The purpose of this study was to examine the state of the local and regional multi-family housing market and economy, and to draw conclusions regarding the appropriateness of the proposed project for the specific site, the potential benefits of the project to the adjacent community, and overall feasibility of the project in the marketplace, including projections of achievable rents and anticipated absorption rate.

Clients:
County of Ventura  Resource Mgmt. Agency - Planning Division
Private Developer

Project Description:
In response to a request from the California Coastal Commission staff, to help them assess an application for a Local Coastal Plan Amendment to change the land use designation from Commercial to Residential on a 2.85 acre portion of a site located on Pacific Coast Highway, this detailed Feasibility Study was prepared to:

1. Assess the feasibility of  developing new Visitor-Serving Commercial uses on the subject property by conducting independent market research, considering site specific conditions, completing economic analysis of potentially viable uses, and providing professional conclusions as to the viability of the subject property for visitor serving commercial use;
2. Offer professional opinions regarding the potential effect which Coastal Commission approval of the proposed land use designation changes may have on the long term viability of the existing adjacent properties; and
3. Assess and draw conclusions as to the property’s highest and best use, its economically feasible use, and its maximally productive use.

Dyer Sheehan Group has prepared Market Studies in conformance with the State of California’s Tax Credit Allocation Committee (CTAC) & California Debt Limit Allocation Committee guidelines to secure funding for the development of numerous affordable housing communities.

• Area Housing Authority of the County of Ventura
  • Los Feliz Housing Affordable Apartments, Thousand Oaks, CA
    • Proposal to develop Los Feliz Housing Affordable Apartments, a 60-unit Tax Credit Multi-Family Housing complex.
    • Los Feliz Housing Affordable Apartments includes one, two, and three bedroom apartments, all of which are reserved for low-income households

• Many Mansions (a non-profit affordable housing provider)
  • Hacienda de Feliz Apartments, Thousand Oaks, CA
    • Proposal to develop Hacienda de Feliz Apartments, a 25-unit affordable apartment complex. 
      
    • Hacienda de Feliz Apartments includes two and three bedroom apartments, all of which are reserved for low-income households.
      
• Esseff Village Apartments, Thousand Oaks, CA (pictured above)
  • Proposal to develop Esseff Village Apartments, a 50 unit Tax Credit Multi-Family Housing Project, with additional complementary uses on-site, via the conversion and rehabilitation of the 60 unit Village Inn Motel. 
    
  • Esseff Village Apartments serves the very-low income population, and includes a Public Benefit Center which offers on-site educational and social services to assist project residents.

Clients:
Poli & Oak, L.L.C.
Granite Financial Services

Project Description:
Market research and analysis to provide specific Rental Value Projections and Product Recommendations for Poli & Oak Pavilion, a mixed use development consisting of 31 luxury residential units and 13,930 square feet of office/commercial lease space, located in Downtown Ventura.

Dyer Sheehan Group prepares Rent Reasonableness Studies

• Area Housing Authority of the County of Ventura
  • Completed a comprehensive Ventura County Rent Reasonableness Study for all geographic areas served by the Area Housing Authority.
    
    
• Housing Authority of the City of San Buenaventura
  • Completed a comprehensive citywide Rent Reasonableness Study for the Housing Authority of the City of San Buenaventura.
    
    
• Oxnard Housing Authority
  • Completed a Rent Reasonableness Study for the Casa San Juan Apartments (pictured above), a 64 unit Low Income multi-family apartment complex, which is rented under the HUD Section 8 voucher program as administered by the Oxnard Housing Authority.

Client:
AMI Capital, Inc.

Project Description:
Market research and analysis for Park Row Apartments, a proposed mixed-use development consisting of 32 residential units, 2,044 square feet of storefront commercial space, and an enclosed parking garage.  This study was prepared in accordance with HUD MAP Guide requirements for the General Occupancy Rental Housing - Section 221(d)(4) Program, and was used by AMI and HUD as a resource in performing loan underwriting of the development.

Client:
Centex Homes

Project Description:
Preliminary market research, analysis, product recommendations, and sales price projections for Centex Homes’ proposed Oxnard Dunes Development, consisting of approximately 220 homes (attached & detached) in the Oxnard Beach/Channel Island Harbor community.