Industries

A partner that minimizes your largest expense item, and maximizes returns for ownership

Our Approach

Multi-Family
Valuation

Valuing Apartments: Unique Challenges

Property Type Variability

Apartments can encompass various property types, such as multi-family buildings, condominiums, or student housing. Each type has its own unique characteristics, including unit mix, amenities, location, and target tenant demographic. Accurately assessing the value of an apartment property requires a thorough understanding of these factors.

Income Analysis

Evaluating the income generated by an apartment property is a vital component of its valuation. What income isn’t generated by the actual real estate that is secondary? Assessing rental rates, lease terms, occupancy rates, and other income-related factors requires expertise in financial analysis and a comprehensive understanding of the local rental market.

Market Factors

The rental market plays a crucial role in valuing apartment properties. Factors such as market vacancy rates, rental rates, and tenant demand directly impact property values. Staying updated with market trends and conducting thorough market research are essential for accurate valuations.

Achieving Lower Valuations: Our Approach

Comprehensive Property Analysis

Our team conducts a thorough analysis of each apartment property, considering property type, location, amenities, unit mix, rental rates, occupancy rates, and other relevant factors. This comprehensive analysis ensures an accurate valuation that reflects the property’s true worth.

Market Research & Comparative Analysis

We leverage extensive market research and perform comparative analyses of similar apartment properties in the area. By benchmarking against comparable properties and assessing their assessed values and rental rates, we advocate for fair valuations based on accurate market data.

Capabilities

A full life-cycle partner from acquisition to disposition

01.

Pre-Acquisition Reports

Our team prepares tax projections for you as you are in the due diligence and underwriting period. Quick numbers, or a full report for an equity partner.

02.

Real Estate Tax Appeals & Litigation

Our team is aggressive through the board level to achieve favorable results. We pursue and partner with you through litigation when needed.

03.

Budget Estimates and Future Tax Projections

Our experts guide you in future tax projections, utilizing local knowledge of historical trends to help you budget going forward.

04.

Tax Bill Audit & Check Writing Services

Full outsourcing of the check writing process is available through KEA. We paid more than $2 Billion in property taxes alone last year on behalf of clients.

Multi-family by the numbers.

0

apartment units under management

0

assets greater than $5MM in value

0

professionals working at KEA

Let Us Drive Value For Your Organization

Ready to
work with us?

Technology

Best in class software architecture for real estate appeal management

Our large, in-house software development team has built a first-class web-based application that is proprietary to KEA. This allows for portfolio tracking, immediate document downloads (notices, bills), accruals, and status tracking.

Services

Find your next development with our site-selection software and services

New Building sketch (1)

Case Study: Multi-Family Litigation

View Service

Case Study: DFW Multi-Family

View Service