TCFC CBRE Reports
Documents
CBRE analysis provides comprehensive real estate evaluations that include market research, property valuation, and investment analysis. It assesses project feasibility, financial performance, and potential risks, often for developments like residential or commercial properties. The report typically covers aspects such as market trends, demographic data, zoning regulations, and financial forecasts. CBRE's expertise aids clients in making informed decisions by offering insights into property values, rental income projections, and community benefits. These analyses support developers, investors, and stakeholders in optimizing real estate strategies and ensuring successful project outcomes, leveraging CBRE's extensive industry knowledge and data-driven approach.
Financial Analysis - The Works III / Tillery
August 27, 2024
The CBRE report evaluates the proposed development of Tillery Street Apartments in Austin, Texas, featuring two components: a for-profit site with 531 units and a non-profit site with 120 units. Owned by the Travis County Facilities Corporation under a 75-year ground lease with a 100% property tax exemption, the for-profit site will rent 50% of its units to tenants earning less than 60% of the area median income (AMI), requiring tax exemptions for feasibility. The non-profit site, operated by LifeWorks, will provide supportive housing for tenants earning less than 40% AMI, needing additional public funding for feasibility. Financial analysis indicates the for-profit site is feasible only with rental restrictions and tax abatements, while the non-profit site requires further public assistance.
Financial Analysis - The Works III / Tillery
The CBRE report evaluates the proposed development of Tillery Street Apartments in Austin, Texas, featuring two components: a for-profit site with 531 units and a non-profit site with 120 units. Owned by the Travis County Facilities Corporation under a 75-year ground lease with a 100% property tax exemption, the for-profit site will rent 50% of its units to tenants earning less than 60% of the area median income (AMI), requiring tax exemptions for feasibility. The non-profit site, operated by LifeWorks, will provide supportive housing for tenants earning less than 40% AMI, needing additional public funding for feasibility. Financial analysis indicates the for-profit site is feasible only with rental restrictions and tax abatements, while the non-profit site requires further public assistance.
Financial Analysis - Preakness
March 21, 2024
The CBRE report evaluates the Preakness Apartments project in Austin, Texas. The development will feature 376 units across five buildings on a 15.24-acre site. Owned by the Travis County Facilities Corporation, the project will have a 100% property tax exemption for 75 years. Thirty percent of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The analysis covers development costs, income scenarios, and feasibility under different tax and rent conditions, showing the project is feasible only with tax abatements and rent restrictions.
Financial Analysis - Preakness
The CBRE report evaluates the Preakness Apartments project in Austin, Texas. The development will feature 376 units across five buildings on a 15.24-acre site. Owned by the Travis County Facilities Corporation, the project will have a 100% property tax exemption for 75 years. Thirty percent of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The analysis covers development costs, income scenarios, and feasibility under different tax and rent conditions, showing the project is feasible only with tax abatements and rent restrictions.
Financial Analysis - 6400 FM 969 / Urban Empowerment Zone
August 21, 2024
The CBRE report for FM 969 Apartments in Austin, Texas, commissioned by the Travis County Facilities Corporation, evaluates a proposed multi-family development with 360 units split into for-profit and non-profit components. The project relies on TCFC for tax exemptions. The for-profit site with 280 units is feasible only with rent restrictions and tax abatements, while the non-profit site with 80 units requires additional public assistance for feasibility.
Financial Analysis - 6400 FM 969 / Urban Empowerment Zone
The CBRE report for FM 969 Apartments in Austin, Texas, commissioned by the Travis County Facilities Corporation, evaluates a proposed multi-family development with 360 units split into for-profit and non-profit components. The project relies on TCFC for tax exemptions. The for-profit site with 280 units is feasible only with rent restrictions and tax abatements, while the non-profit site with 80 units requires additional public assistance for feasibility.
Financial Analysis - Oak Hill Highline
March 7, 2024
The CBRE report evaluates the proposed Oak Hill Highline project, a 360-unit multi-family development in Austin, Texas. The project will be owned by Travis County Facilities Corporation (TCFC) and will benefit from a 100% property tax exemption, setting aside a portion of units for affordable housing. The analysis includes projected costs, operating expenses, and income scenarios. The report demonstrates that the development is feasible only with rental restrictions and tax abatements.
Financial Analysis - Oak Hill Highline
The CBRE report evaluates the proposed Oak Hill Highline project, a 360-unit multi-family development in Austin, Texas. The project will be owned by Travis County Facilities Corporation (TCFC) and will benefit from a 100% property tax exemption, setting aside a portion of units for affordable housing. The analysis includes projected costs, operating expenses, and income scenarios. The report demonstrates that the development is feasible only with rental restrictions and tax abatements.
Financial Analysis - Tech Ridge Highline
September 7, 2023
The CBRE report evaluates the proposed 198-unit Tech Ridge Highline multi-family project in Manor, Texas. The project, owned by the Travis County Facilities Corporation (TCFC), is planned as a 4-story building with a mix of market-rate and affordable units. The development relies on a 100% property tax exemption facilitated by the TCFC. The financial feasibility analysis shows that the project is viable only with rent restrictions and tax abatements.
Financial Analysis - Tech Ridge Highline
The CBRE report evaluates the proposed 198-unit Tech Ridge Highline multi-family project in Manor, Texas. The project, owned by the Travis County Facilities Corporation (TCFC), is planned as a 4-story building with a mix of market-rate and affordable units. The development relies on a 100% property tax exemption facilitated by the TCFC. The financial feasibility analysis shows that the project is viable only with rent restrictions and tax abatements.
Financial Analysis - Flatz 130 Apartments
May 9, 2024
The CBRE report evaluates the Flatz 130 Apartments project in Austin, Texas. The development will feature 396 units across ten 3-story buildings on a 55.83-acre site. Managed by the Travis County Facilities Corporation, the project will have a 100% property tax exemption for 75 years. Thirty percent of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The analysis covers development costs, income scenarios, and feasibility under different tax and rent conditions, showing the project is feasible only with tax abatements and rent restrictions.
Financial Analysis - Flatz 130 Apartments
The CBRE report evaluates the Flatz 130 Apartments project in Austin, Texas. The development will feature 396 units across ten 3-story buildings on a 55.83-acre site. Managed by the Travis County Facilities Corporation, the project will have a 100% property tax exemption for 75 years. Thirty percent of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The analysis covers development costs, income scenarios, and feasibility under different tax and rent conditions, showing the project is feasible only with tax abatements and rent restrictions.
Financial Analysis - StoneHawk Gregg Lane
May 9, 2024
The CBRE report analyzes the StoneHawk Gregg Lane multifamily project in Manor, Texas. The development will feature 350 units across 8 three-story buildings on a 15.03-acre site. The Travis County Facilities Corporation (TCFC) will own the project under a 75-year ground lease with a 100% property tax exemption. In return, 30% of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The report evaluates development costs, projected income scenarios, and feasibility under different tax and rent restriction conditions. The analysis shows the project is feasible only with tax abatements and rent restrictions.
Financial Analysis - StoneHawk Gregg Lane
The CBRE report analyzes the StoneHawk Gregg Lane multifamily project in Manor, Texas. The development will feature 350 units across 8 three-story buildings on a 15.03-acre site. The Travis County Facilities Corporation (TCFC) will own the project under a 75-year ground lease with a 100% property tax exemption. In return, 30% of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The report evaluates development costs, projected income scenarios, and feasibility under different tax and rent restriction conditions. The analysis shows the project is feasible only with tax abatements and rent restrictions.
Financial Analysis - Real Street Apartments
August 21, 2024
The CBRE analysis report for Real Street Apartments in Austin, Texas, commissioned by the Travis County Facilities Corporation (TCFC), evaluates a proposed multi-family project with 286 units across for-profit and non-profit components. The project relies on TCFC's involvement for tax exemptions and financial feasibility. The for-profit site with 226 units is viable only with rent restrictions and tax abatements, while the non-profit site with 60 units requires TCFC's participation and further public assistance. The report also assesses community benefits, including tax savings and reduced rents, highlighting the project's dependency on public incentives.
Financial Analysis - Real Street Apartments
The CBRE analysis report for Real Street Apartments in Austin, Texas, commissioned by the Travis County Facilities Corporation (TCFC), evaluates a proposed multi-family project with 286 units across for-profit and non-profit components. The project relies on TCFC's involvement for tax exemptions and financial feasibility. The for-profit site with 226 units is viable only with rent restrictions and tax abatements, while the non-profit site with 60 units requires TCFC's participation and further public assistance. The report also assesses community benefits, including tax savings and reduced rents, highlighting the project's dependency on public incentives.
Financial Analysis - Barkley Meadows Multifamily
May 9, 2024
The CBRE report analyzes the Barkley Meadows Multifamily project, a 408-unit development in Del Valle, Texas. This is Phase 1 of a two-phase project. The property will be owned by Travis County Facilities Corporation (TCFC) under a 75-year ground lease, with a 100% property tax exemption. In return, 30% of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The analysis shows the development is feasible only with tax abatements and rent restrictions.
Financial Analysis - Barkley Meadows Multifamily
The CBRE report analyzes the Barkley Meadows Multifamily project, a 408-unit development in Del Valle, Texas. This is Phase 1 of a two-phase project. The property will be owned by Travis County Facilities Corporation (TCFC) under a 75-year ground lease, with a 100% property tax exemption. In return, 30% of units will be for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. The analysis shows the development is feasible only with tax abatements and rent restrictions.
Financial Analysis - Barkley Meadows Build-for-Rent
May 9, 2024
The CBRE report evaluates the proposed Barkley Meadows Build-for-Rent project in Del Valle, Texas. This second phase of a two-phased development consists of 168 single-family and duplex-style units. The project will be owned by the Travis County Facilities Corporation (TCFC) through a 75-year ground lease, benefiting from a 100% property tax exemption. In return, 30% of units will be reserved for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. Analysis shows the development is feasible only with tax abatements and rent restrictions.
Financial Analysis - Barkley Meadows Build-for-Rent
The CBRE report evaluates the proposed Barkley Meadows Build-for-Rent project in Del Valle, Texas. This second phase of a two-phased development consists of 168 single-family and duplex-style units. The project will be owned by the Travis County Facilities Corporation (TCFC) through a 75-year ground lease, benefiting from a 100% property tax exemption. In return, 30% of units will be reserved for tenants at 80% of the area median income (AMI) and 20% at 60% AMI. Analysis shows the development is feasible only with tax abatements and rent restrictions.
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