Market Rent Analysis

Market rent analyses evaluate the subject property, competing properties, and market conditions to document an equitable level of rent in an arm’s length transaction. Estimates of market rent are developed regularly for market studies, appraisals, lease disputes, and to provide an owner or prospective investor with objective opinions.

Steps in market rent analysis include:

Review of subject property;
Visit subject property and interview on-site staff;
Select rental comparables;
Gather data on rental comparables;
Visit rent comparables and interview on-site staff;
Review market data regarding rental and occupancy rate trends;
Summarize rental rate features and amenities of subject property and amenities;
Make adjustments for differences between sale price and comparables (based upon data and insights obtained during visits to rent comparables);
Summarize and report conclusions (report can be oral to detailed narrative report).

When contemplating a market rent analysis it is prudent to consider including suggestions for financially feasible upgrades as part of the scope of work. The data gathering and analysis will take a modest about of additional time. Suggestions for upgrades can enable the owner to substantially enhance the value of the property.

The Market Research and Consulting division of O’Connor & Associates provides information necessary to make decision to commercial real estate professionals. Occupancy and Rental Data, ownership and management information are routinely gathered for four major land uses – multifamily, office, retail and industrial. This information allows investors to compare competitive properties, facilitate business decisions and track market and submarket performance. In addition the data is useful to brokers who for example continually monitor Houston retail space leasing, Houston office space leasing, Houston industrial space leasing, Houston apartments, Dallas apartments, Ft. Worth apartments, Austin apartments, and San Antonio apartments.

Lenders, appraisers, developers, investors, tenants and real estate brokers are just some of the real estate professionals who regularly need real estate market data. They seek timely raw data and summary statistics regarding the market and submarkets. O’Connor & Associates has been providing this information since 1988.

Timely and accurate real estate market data increases transparency for real estate markets. It also helps to dampen the amplitude fluctuations. Oconnordata rental databases are updated monthly or more often if information becomes available.

Quality real estate market data provides decision makers the information to make informed decisions. O’Connor & Associates has been providing market data since 1988. Timely, accurate real estate data also provides the information our real estate appraisers, consultants, and property tax consultants need.

Investment property decision makers rely upon O’Connor & Associates’ Market Research and Consulting division for both market data and construction services. Data regarding individual properties, submarkets, construction, absorption, and rental rate and occupancy trends provides the information needed to make prudent decisions.

This capacity to research, analyze and interpret market trends and the impact of specific transactions is a major reason for why developers and acquisition experts rely on O’Connor & Associates for market studies, feasibility studies, rent studies, tax credit studies, project design guidance,market research, property performance evaluation and lease audits. O’Connor & Associates is an acknowledged source of trends in real estate investing and market activity.