Market Study Fundamentals

Market studies are performed to evaluate real estate market conditions with regard to an existing or proposed property. The focus of a market study details competition within the submarket, the strength or weakness of the submarket. Also, market study indications that the submarket will continue to improve or weaken and how the existing or proposed subject property is likely to perform within the submarket.

Most market studies are obtained by developers contemplating building a new apartment project, condominium project, commercial property or subdivision. In some market studies, the developer wants independent thought and insights regarding market conditions and the probability of success. In other market study cases, either partners or a lender require independent analysis regarding the proposed project.

While market studies are obtained for proposed projects, many real estate owners and investors benefit from market studies and/or market research for existing projects. The studies address upgrading interior amenities, common area amenities, or repositioning the property so it is better received by the market. Market research for an existing property can determine the prospective and concerns of existing tenants, prospective tenants, and independent leasing agents regarding the subject property. This market research can discern latent problems negatively affecting the property.

Elements of a market study typically include market rent or condo sale prices, market occupancy, absorption, projects under construction, proposed construction, capture rate for the subject property and the timing likely required to achieve stabilized occupancy for the proposed property. In many cases, market analysts are asked for insight regarding unit amenities, common area amenities, building size, unit sizes, and the overall level of finish for a property. In some cases, the developers simply ask the market analyst to conceptually design a project which best fits the subject market and location.

Market rent condo, sale prices and occupancy are determined by researching properties which are comparable to the existing or proposed subject property. Market absorption is ideally obtained from aggregate data provided by a primary data collector (someone who comprehensively surveys all properties in the market). Information on properties under construction and proposed for construction are obtained from a variety of sources including interviews with developers, brokers, data services, city permits and driving the subject submarket.

The market analyst develops opinions regarding market rental rates or asking prices for condos and occupancy for the subject property after compiling and analyzing the above referenced data. One of the critical opinions is the time required for a property to reach stabilized occupancy. This factor substantially affects the financial feasibility of the project.

Consider the project experience, depth of staff and experience of the consultant prior to engaging a consultant engaging a market study. A skilled market analyst can not only provided meaningful insights to market conditions and trends, but can also assist in refining development decisions regarding the project.

O’Connor & Associates has prepared over 1,000 market studies for apartments, office, office warehouse, retail, industrial, subdivisions, single-family and special use properties. We provide market study and appraisal services on a nationwide basis. Our 30+ market analysts have over 300 years of collective experience.

For more information on our market studies, contact Kathryn Koepke at 713-686-9955 or fill out our online form.

The Market Research and Consulting division of O’Connor & Associates benefits those who are involved in commercial property investing. Statistical data, ownership and management information is routinely gathered for four major land uses – multifamily, office, retail and industrial. This information allows investors to compare competitive properties, facilitate business decisions and track market and submarket performance. In addition the data is useful to brokers who for example continually monitor Houston retail center leasing, Houston office center leasing, Houston industrial center leasing, Houston apartment rental, Dallas apartment rental, Ft. Worth apartment rental, Austin apartment rental, San Antonio apartment rental.

This capacity to research, analyze and interpret market trends and the impact of specific transactions is a major reason for why developers and acquisition experts rely on O’Connor & Associates for market studies, feasibility studies, rent studies, tax credit studies, project design guidance, property performance evaluation and lease audits. O’Connor & Associates is an acknowledged source of trends in real estate investing and market activity.

Located in downtown Columbus in Ohio in United States that is known as Discovery District, the school is the largest provider of distance learning opportunities in the state of Ohio , and one of the largest in United States . More than 10,000 students enroll for online studies in any given semester.Brief Background and CampusColumbus State Community College was established in 1963 and it serves Columbus , Ohio , and adjacent areas. Campus is situated in close proximity to a host of entertainment and employment opportunities. Main campus is at downtown Columbus while ten other suburban branches are in Delaware , Grandview , Dublin, Groveport, Grove City , Marysville, Gahanna , Plain City , Westerville , and Southwest Columbus . Clubs, language groups, cultural activities, honor societies and sports are popular activities for students. A unique feature is the student government activity on the campus.Programs OfferedOver 50 associate degrees as well as professional and technical certificates are offered by the college. Programs offered include business, geographic information systems, health care, facility maintenance architecture, human service, fire science, public service, nuclear medicine technology, massage therapy, respiratory care, veterinary technology, engineering technologies and law enforcement. In addition a host of programs to help students complete the first two years of undergraduate degrees are also offered so that on completion they can migrate to four year institution.AdmissionOpen admission policy is followed by the college. Transfer students are not ignored. However both SAT and ACT scores are important. State Community College has adopted open enrollment policy with the objective of allowing maximum number of students to attend college. Students aspiring for admission may contact an on-site admissions counselor for explaining the requirements. Documentations required include school transcripts, GED or its equivalent, and proof of citizenship of foreign student status. Placement tests after enrollment is mandatory.AccreditationColumbus State Community College is accredited by the North Central Association of the Higher Learning Commission as well as the Academic Quality Improvement Plan.Student SupportColumbus State Community College provides extensive supports along with remedial instructions, study skill assistance and tutoring and counseling in various aspects. Counseling includes adult student services, alcohol and drugs abuse, career and academic counseling and employment service. For details one can visit the college directory at the state university website.Financial AidsColumbus State Community College offers federal, state, local, and institutional grants, scholarships, and student loans. Aids are applied using the FAFSA form. Financial assistance is readily available for students in the college including merit based scholarships, the details of which can be viewed at the state university website.

If you are going to STL community college to build a better future, make more money, or take on a challenge to make yourself grow, we want to offer you a different path that is not traditional and not something your parents and friends may believe in.  Social conditioning has taught us how to think in a certain way and most likely friends and family have reinforced that way of thinking. The belief that financial freedom is only attained through a traditional 9-5 job with is so ingrained in our culture from the past. Maybe this was the best way for our parents and their parents but times have certainly changed.

What I want to show you is an industry that has the MOST six-figure a year income earners ($100,000+) in the entire United States. And instead of selling their life and time for money, they have built a self-owned business that sustains itself, freeing them up to live life and explore their external and internal worlds. If your intent behind going to STL community college is to build financial freedom for yourself and your family in the future, I will show you how to skip STL community college and spend that time instead building financial wealth by thinking like an entrepreneur. I want you first to realize TRULY how multi-faceted the work market is in this modern day and age. There’s people ACTUALLy making millions through the internet. Things have evolved and we want to show you how.

It is possible now to make RESIDUAL income, something most people would PAY to learn how to make. This type of income basically means you have built your business so that an income shows up in your mail on a weekly basis without  being dependent on how many hours you worked that week. In the network marketing industry, if you create a plan and work on your business with discipline, it will take on average 2-3 years to achieve a full-time residual income. If you are someone who has a true, subconscious vision of who you believe you’re supposed to be and what you deserve out of life, this industry will bear many fruits for you.

The reason why the network marketing or multi-level marketing industry is filled with people who have NOT achieved the potential level of success that few have is because MOST HAVE QUIT. In the world, why is there only a tiny percent of people who are ‘successful’ in whatever field they’re in? Because they worked hard and kept going when most quit… and the same goes for network marketing. It’s taken some people 10 years to achieve success in network marketing while its taken others only 1-2 years. It’s just a matter of strategy and work ethic. And after you get to your goals of residual income, you will be FREE to do what you want like take classes at college for self growth! But instead of being in debt at the end of your college career, you will still be making an income in your mailbox.

Like any business, if you do not recieve professional training and a plan of what your daily activity will be for an extended period of time (3  months to 6 months to 9 months), you will not build momentum or learn the necessary skills needed for true success. So if you are considering spending your next two-three years at a STL community college to further your financial future, look into spending that time instead building a business in the network marketing industry and joining a team that will provide you with the correct training and guidance.

Study abroad and learn Russian in Russia while experiencing a great range of outdoor activities and extreme sports.

If you enjoy discovering the culture and history of the country as you learn Russian in Russia, you will definitely have great time going around its plenty museums, art galleries and theatres, where you will encounter with on of the most representatives features of Russia: its international ballet. Moscow and St. Petersburg are the most representative cities if you want to study about the history of the country as you learn Russian in Russia.

But an incredible aspect of the country you can’t miss as you learn Russian in Russia is its sport and adventure offer. You can enjoy jeep tours during winter and summer in every region of the country. As you learn Russian in Russia you can take extreme jeep tours along the surroundings of the city or if you prefer a more relaxing trip, there are also tranquil journeys along the monuments and historical sights of the city. A recommended jeep tour as you learn Russian in Russia is to the Republic of Sakha in Yakutia, where you will have the chance to catch a sight of a brown bear.

If you are more intrepid and wish to challenge yourself come to learn Russian in Russia and give a chance to ice diving. Ice diving is not widely practiced but is an extreme sport worth a try. As you learn Russian in Russia have the chance to submerge under ice-frozen waters and enjoy the most incredible views of the white Russia underneath the earth. Here you can also practice ice-skating in one of the many lakes the country offers, which are the oldest ones in the world and offer a great deal of fun while you learn Russian in Russia.

Still want more? This amazing country will keep on surprising you as you learn Russian in Russia. You will soon be part of the most intrepid activity ever. Aerobatic tours will take you in small planes to the highest point in the sky and once you reach the maximum high you will come down doing the most incredible aerobatics movements. Learn Russian in Russian and you will find yourself doing circles and spirals high up in the sky.

Snowboarding in winter is also advisable for those who already practice the sport and also for those who are complete beginners. As you learn Russian in Russia join the different groups of snowboarders that go around the different peaks of the country and take advantage of the regular snowfalls occurring all over Russia. Likewise, skiing is another sport you can practice as you learn Russian in Russia. The country offers snow almost all year long and steep slopes for every like.

On the other hand, those who enjoy water sports will also have greatest fun in the country. Learn Russian in Russia and become an adrenaline junkie as you practice water rafting and kayaking. The country counts with around 40 thousands of rivers useful for this purpose. Some offer more rapids than the others, so while you learn Russian in Russia find out which is the best for what you want to practice.