Parking Advisors supports the disposition process for parking assets connected to office, retail, multifamily and mixed-use projects. We have extensive experience developing credible and persuasive projections that increase the value of parking assets.
Disposition Analysis
Parking Advisors works with owners and brokers to maximize the sale price of parking assets by clearly communicating an asset's short and long term upside opportunities and supporting our story with data, benchmarks and our experience.
Parking Disposition Consulting Services
Complex Disposition Projects
Parking Advisors specializes in complex real estate and parking projects and helps to answer the questions potential buyers often ask:
Can the parking facility accommodate the tenants' parking requirements?
Our parking stacking plan and proprietary cash flow model give potential buyers the comfort they need that the parking supply is sufficient to accommodate parking demand over time.
How will lease up impact parking occupany and revenue?
Parking Advisors' proprietary cash flow model is commonly used for new development projects and projects with significant lease up to provide detailed suite-by-suite lease up assumptions, monthly and hourly cash flows and occupancy calculations.
What is the impact of complementary and conflicting parking demand drivers?
Parking Advisors works on some of the real estate industry's most complicated mixed-use projects and has experience showing how different uses interact with one another.
What is the appropriate pricing and allocation strategy across multiple facilities?
Parking Advisors has experience working on real estate projects with multiple parking options that require different pricing and allocation strategies.
What are the opportunities to increase value?
Parking Advisors' disposition analysis outlines pricing, demand and other repositioning upside opportunities. We communicate short term opportunities to implement marketing strategies to capture demand, improve revenue controls and reduce operating expenses. We also convey long term opportunities related to how we project rates, parking supply and demand to change in the long run.
Our Approach
Our data driven, comprehensive disposition process includes:
11-Year Cash Flow Disposition Model
Building an 11-year cash flow model with detailed revenue, expense, rate, lease up and occupancy assumptions.
Parking Disposition Report
Generating a disposition report that includes an executive summary of the value-add opportunities as well as sections that provide accurate parking space counts, detailed agreement abstracts, parking operator & technology information and a market analysis.
Diligence Support & Correspondence
Assisting the broker and seller by providing thoughtful, well-articulated answers to buyer questions.
Parking Database
Developing a database of all of the parking billing, transaction and other data to ensure we can quickly respond to requests during diligence.
Our Disposition Work
Parking Advisors has provided disposition support for assets throughout the United States.
