Understand the property before you underwrite the return
Income, cost, condition, liquidity, and market scenarios, compared without confusing brokerage analysis for tax, legal, or investment advice.
Three kinds of question we are useful on
Ground-Up Development
Site and acquisition analysis, market positioning, and coordination with the client’s development, finance, design, and legal advisors.
Value-Add Renovation
Assessing the property, market, scope, and resale or leasing position before a client commits to a renovation plan.
Adaptive Reuse
Early market and transaction analysis for a potential change of use, coordinated with the architects, engineers, counsel, and agencies responsible for feasibility.
Begin with the assumptions that could change the answer
We help clients examine acquisition basis, current and permitted use, renovation or development scope, carrying costs, market timing, and the likely exit before a property is treated as an opportunity.
Legal feasibility, engineering, tax, financing, construction, and investment advice remain with the client's qualified professionals. LRI contributes the New York real-estate analysis and coordinates the working conversation around it.
Define the decision and the evidence it needs
We agree on the question, scope, deliverables, sources, and professional boundaries in writing. No project, return, financing, entitlement, or exit is presented as assured.
