Boston, MA

Real Estate Appraisal & Valuation

Kirk & Company combines integrity, knowledge and experience to provide credible and timely appraisal results. We evaluate all types of real property including multi-family apartment and condominium projects, office and retail buildings, industrial properties, institutional facilities and vacant land. We have specialized experience in the valuation and analysis of complex affordable housing properties, housing with supportive services, fractional and partial interests, air rights and ground leases.

Real estate appraisal assignments are completed in conformance with the Universal Standards of Professional Appraisal Practice (USPAP), promulgated by the Appraisal Foundation, and the additional Standards of Professional Practice of the Appraisal Institute.

Appraisal services are primarily provided for properties in the New England states and New York and our appraisers are licensed in Massachusetts, Rhode Island, Connecticut, New Hampshire, and other jurisdictions on an as-needed basis.

Our Specialized Appraisal Expertise Includes:

  • Fee Appraisal Services for:
    • Affordable Multifamily Housing
      Seniors Housing, SRO, Assisted Living, Independent Living, Housing with Supportive Services
      FHA MAP
      Fannie Mae DUS
      LIHTC Agency Appraisals
    • Mixed Income Housing
    • Market Rate Housing
    • Mixed Use Properties
    • Commercial Office, Retail, and Industrial
  • Bio, Pharma, R&D
  • Hospitals and Healthcare Facilities
  • Manufacturing and Industrial Facilities
  • Commercial Appraisal Review
  • Rent Determination Studies
  • HUD Rent Comparability Studies
  • Estate Tax Filings
  • Portfolio Analysis and Valuation
  • Partial and Fractional Interest Valuation
  • Air Rights and Ground Lease Analysis

Property & Market Analysis

Kirk & Company combines integrity, knowledge and experience to provide credible and timely property and market analysis and conclusions. We evaluate all types of real property and markets including multi-family apartment and condominium projects, office and retail buildings, industrial properties, institutional facilities and vacant land. We have specialized experience in the analysis of complex affordable housing properties, housing with supportive services, market rate housing, and mixed-use developments.

Market study assignments are completed in conformance with the Model Content Standards for Market Studies, and are prepared subject to the Code of Ethics and Standards of Professional Practice prepared by the National Council of Housing Market Analysts.

Property and market analysis services are primarily provided for properties in the New England states and New York and we are licensed in Massachusetts, Rhode Island, Connecticut, New Hampshire, and other jurisdictions on an as-needed basis.

Our Specialized Expertise Includes:

  • Multifamily Residential Market Studies
    • Affordable, Mixed Income, Market Rate, Mixed-Use, Seniors, SRO, Assisted and Independent LIving, Housing with Supportive Services
  • Subdivision Analysis and Market Studies
  • Planned Unit Development, Master Plan, and Mixed Use
  • Commercial and Retail Market Studies
  • Supply and Demand Analysis
  • Third Party Review (Market Study)
  • NCHMA and Agency Compliant LIHTC Market Studies
  • Repositioning, Adaptive Reuse, and Redevelopment
  • New Markets Tax Credits (NMTC)

Real Estate Counseling Services

Successful transactions in today's competitive, global and dynamic real estate market demands sensitive, sophisticated and creative solutions. Kirk & Company provides counseling services to financial institutions, non-profit groups, developers and public agencies to assist with their real estate opportunities and problems. Our work includes counseling on marketability and feasibility, highest and best use, due diligence assistance, portfolio strategy, alternative financing methods and adaptive reuse of historic properties.

Our counseling assignments provide advice and direction to our clients throughout the various stages of the development process, and establish lasting relationships that allow clients to rely on us through the many phases of real estate transactions.

On the basis of our analytical results, we take counseling one step further by recommending practical development and investment strategies that provide value added services to our clients. We identify local programs or regulations that may benefit or burden the project; we advise recommendations on amenity packages, floor plans, marketing methods, and alternative financing to maximize the market positioning of the project.

Our Specialized Expertise Includes:

  • Feasibility Analysis
  • Highest and Best Use Analysis
  • Real Estate Development Finance
  • Due Diligence Assistance
  • Pro-forma Development, Modeling and Analysis
  • Third Party Review, Municipal Development Review
  • Fiscal Impact Analysis
  • Affordable Housing Development Counseling
  • Litigation Support
  • Chapter 40B Financial Review
  • Qualified Expert Testimony
    • Local Boards and Commissions
    • ATB
    • State and Federal Court
  • Negotiation Support and Administration
  • Arbitration and Dispute Resolution
  • Historic Preservation Strategy & Adaptive Reuse
  • Acquisition and Disposition Strategies
  • Leasing, Financing and Operational Strategies
  • Portfolio Strategy & Investment Analysis

Research & Strategic Planning

We have been involved with real estate transactions and assignments throughout every stage of the project life cycle; from genesis to completion, disposition, and redevelopment and have specialized expertise developing solutions and advising on strategic decision-making functions; including analysis, planning, redevelopment, and disposition strategies. Because of our depth of knowledge and hands-on approach to problem solving, we help clients develop strategic business plans and investigate costs, benefits, challenges and feasibility of the business models and strategies as they relate to real estate or independent of real estate. We develop, review and comment on alternative financing arrangements and business models that support project sustainability.

On the basis of our analytical results, we take counseling one step further by recommending practical strategies that provide value added services to our clients. We identify programs or regulations that may benefit or burden the project; we advise recommendations on marketing methods and alternative financing to maximize the market positioning.

  • Pro-forma & Operating Model Development & Analysis
  • Development and Financial Counseling
  • Innovative Cost-Sharing Solutions
  • Low and No-Cost Capital Solutions
  • Customized Market Research
  • Public Private Partnerships (3P, PPP)
  • Community Engagement
  • Process Development & Review
  • Resilience, Sustainability and Comprehensive Solutions
  • Community Development Strategies
  • Sustainability Strategies
  • Project Facilitation
  • Forensic Analysis
  • Land Economics