LDS Consulting Group—Projects: Research & Planning

Projects: Research & Planning

Veterans Housing Needs Analysis

LDS was hired by Caritas Communities to provide information to help the nonprofit organization make strategic decisions with regard to the adaptive re-use of an existing building into housing for veterans. As part of its services, LDS spoke to state and local agencies involved with providing housing and services to veterans in Massachusetts in 40 communities within the Route 128 area. LDS’ goal was to quantify the supply of housing for homeless veterans, low income veterans, families of veterans and individual veterans and determine what type of housing was needed.

2008 HUD NOFA and DHCD Market Studies

Market study for the refinance and moderate renovations to 103 units of mixed income scattered site rental units in Mattapan and Dorchester in connection with financing applications to DHCD and other sources.

Market study for the re-development of a nursing home to 42 units of affordable rental housing in North Andover in connection with financing applications to DHCD and other sources.

Market study for a mill renovation of 65 units of mixed income rental development in Lowell in connection with financing applications to DHCD and other sources.

Market study for the redevelopment of church buildings to 44 units of elderly housing in Lawrence in connection with financing applications to DHCD and other sources.

Market study for the development of 37 units of age restricted affordable housing in Roxbury in connection with a HUD 202 financing application and other sources.

Market study for the development of 47 units of age restricted affordable housing in Roxbury in connection with a HUD 202 financing application and other sources.

Market study for the development of 74 units of age restricted affordable housing in Chinatown in connection with a HUD 202 Application and other sources.

Market Rate Multi-Family Housing Studies

LDS was hired to assist a client who was interested in acquiring two large multi-family housing portfolios. LDS provided a supply and demand and sales comparison analysis to assist the client and its investment committee in understanding the current portfolio as well as an improved portfolio.

LDS has worked on feasibility analyses for three large multi-family housing developments, including 473 units in Marlborough, MA, 588 units in North Andover, MA and 412 units in Nashua, NH. LDS researched supply and demand to assist the client in making business decisions regarding the renovation of the existing product and achievable rents post renovation.

LDS provided a feasibility analysis for a proposed 253 unit multi-family development in Chelsea, MA. LDS researched supply and demand in order to assist the client in making business decisions about the development of the units including identifying the target customer, unit mix and amenities.

LDS provided a market study for the proposed development of 150 units of mixed income rental housing in Hyannis, MA in connection with a financing application to MassHousing. This development, if built, will be the first large multi-family housing development on Cape Cod.

Senior Housing

LDS continues to provide a variety of services to the senior housing industry. LDS is called upon to assist developers in re-positioning their properties to address the current market conditions. Many of its clients are parties who have permits for active adult facilities and are looking to examine demand for other senior or multi-family housing products. LDS provides market research, permitting and financing strategies and helps locate potential purchasers or partners.

Fiscal Impact Studies

In preparation for a Town Meeting involving a proposed overlay district and transfer of development rights, LDS worked with Connery Associates to perform a Fiscal Impact Analysis for the Village at Kingston, a proposed 600-unit multi-use transit-oriented project.

LDS provided technical assistance to the City of Melrose Office of Planning and Community Development in connection with an overlay district proposal for 15 acres of land on lower Washington Street. LDS reviewed and commented on the developers Fiscal Impact Report.