A full range of services

Riverfront Apartments, Lansing, Michigan
Call us for full-service assistance with projects ranging from building new facilities to remodeling and rehabilitating existing structures.

Sitemap

 

Services


Parmenter Group Practice Areas

  • Consulting – The Parmenter Group offers a variety of consulting and advisory services specifically focused on affordable housing finance and community development including compliance issue resolution, loan work out assistance, tax credit application services, and application appeal services. 
  • Real Estate Appraisal – The Parmenter Group offers a wide array of real estate appraisal services including Section 8 Rent Comparability Studies, before and after acquisition rehab appraisals, vacant land appraisals, and commercial appraisal services. 
  • Advocacy and Lobbying - The Parmenter Group offers its clients issue specific services or services in support of an entire organizations government relations. 
  • Real Estate Brokerage – The Paramenter Group is available for seller or buyer representation in the sale or acquisition of affordable housing developments. 

Low Income Housing Tax Credit Program – Local and State representation of developers and investors in affordable residential rental development in Michigan

  • Transaction Structuring – financial feasibility analysis and development structuring including preparation of sources and uses statements, cash flow projections, operating statements, and other financial and development documents
  • Application Preparation & Review – client-driven services from complete LIHTC application preparation and submission to a review of client prepared applications
  • Application Appeals – client representation of application appeals before MSHDA, the LIHTC allocating agency
  • Acquisitions and Dispositions – buyer and seller representation of LIHTC properties
  • Investor Identification – solicitation and retention of syndicators and investors for proposed LIHTC developments
  • Due Diligence Reviews – complete and thorough investor reviews of LIHTC real estate transactions including financial, asset management, regulatory, and legal reviews of all pertinent aspects of the proposed transaction

Business Advocacy and Consultation - Representations of non-profit and for-profit organizations with the need for strong and successful government relations capabilities.

  • Strategic planning, communication and business plan development for both for-profit and non-profit organizations
  • Issue Advocacy
  • Project-Specific Advocacy
  • State and Local Government Lobbying Services

Real Estate Consultation - Advisory services meeting the needs of all developers.

  • Acquisition and Development – buyer/seller agent representation; environmental, survey, specialty services
  • Land Use and Zoning Representation – application preparation and appeal representation before Planning and Zoning bodies
  • State and Local Taxation
    • Michigan Business Tax – advice and consultation on Michigan's new business tax
    • Local Tax Abatement/Incentives – advice and representation to obtain PILOTS and other available tax abatements and development incentives

Asset Management Consultation - Expertise in turaround of challenges and troubled multi-family residential properties.

  • Pre-Lease Market Analysis – updated review of market and leasing conditions prior to lease-up to maximize efficient and quick rent-up
  • Marketing and Leasing Reviews – existing property reviews designed to evaluate marketing and leasing issues and provide solutions to reposition and improve marketability of property
    • Secret Shopper Services
    • Remediation Services
  • Workout Representation – distressed property representation designed to provide mutually agreed upon and best doable solutions to turn around troubled property

Government Assisted Programs

  • MSHDA Financed – loan application preparation and representation
    • Modified Pass-Through Program – application preparation and representation
  • FHA Insured Financing – assistance in identifying and working with MAP lenders – 221(d)(4) financing opportunities
  • Rural Housing Development – assistance in financing, refinancing and workouts with Rural Housing Services (RHS)

Real Estate Valuation – Michigan Certified General Appraiser with significant LIHTC and MSHDA experience to assist clients in all their real estate appraisal needs including:

  • Section 8 Rent Comparability Studies
  • Income Property Appraisals
  • LIHTC Before and After Appraisals
  • Land Valuation
  • Commercial and Specialty Properties

The Parmenter Group
Suite 930
201 N. Washington Square
Lansing, MI 48933
Phone 517-347-0927
Fax 517-853-2504
www.parmentergroup.com