Studies that help you enhance marketability, secure financing, and obtain municipal approvals.
Whether you’re looking at rentals targeted to millennials, families, workers, or empty-nesters – or for-sale single-family homes and condominiums – we help you take a strategic approach to residential development.
Our feasibility analyses and market studies involve an in-depth look at the competition, location, demographic trends, and market niches. They’re realistic assessments, letting you know quickly if any issues need resolving and if the location is viable.
As a result, we help you understand key factors, such as whether the market will support the number of units you’ve planned and whether your rents or prices are achievable. As one client said, we are unique in our ability to “identify the true market demand at market rates that will encourage development.”
We’re a WBE-certified business that’s worked in 269 municipalities and community areas in Chicago and Illinois, as well as across Wisconsin, Indiana, Iowa, Missouri, Minnesota, Kansas, and Nebraska. With more than 30 years of experience, we’ve established a track record helping clients get projects financed and approved – and are known for working with municipalities to show the type of residential development that’s economically feasible.
Watermark at the Grove – Elgin, IL Learn how we helped the developer obtain HUD financing for Watermark at the Grove. Learn More
Downtown Development Corporation of Peoria – Peoria, IL Read how our market studies helped the Greater Downtown Development Corporation revolutionize downtown housing options. Learn More
Ninety7Fifty On The Park – Orland Park, IL Learn how we helped Flaherty and Collins obtain approval and financing for 295 luxury apartments in Orland Park. Learn More
Based on several recommendations, we selected Kretchmer Associates to conduct a downtown residential market study in 2016. Unlike our previous studies which did not lead to further development, Kretchmer Associates identified the true market demand at market rates that would encourage development. Based on this report, within 18 months we had 5 completed projects, and best of all: Kretchmer Associates’ analysis was spot on. We have since used Kretchmer Associates to update our downtown residential market study, as our development community has confidence in their analysis.