Helping clients to change the face of aging housing stock
Based in New Haven, Connecticut, Gonzalez Advisory assists clients across the country in the development and preservation of multifamily assets. Our firm specializes in the recapitalization of federally assisted affordable housing using HUD’s repositioning programs. We are with you every step of the way, from financial analysis and structuring to transaction implementation. Our work includes transactions with all levels of rehabilitation and new construction.
Gonzalez Advisory is an independent consulting firm with a network of associates offering over 15 years of direct experience. Our background comprises design, acquisition, development, preservation, operation, and public-private partnerships. We have provided services to multiple housing agencies of different sizes and geographical locations for a total-to-date of 13,500 housing units.
Get in touch with us for a free initial evaluation for your portfolio or use the contact form at the bottom of this page to inquire whether our services are right for you.
Contact
➤ LOCATION
Connecticut Financial Center
157 Church Street, 19th Floor
New Haven, CT 06510
☎ CONTACT
info@gonzalezadvisory.com
(203) 836-6295
Services
property repositioning Evaluation
For owners of HUD-assisted portfolios, taking advantage of preservation opportunities can be a challenge. Capital improvements in federally-assisted properties is a delicate balance of funding, limited revenue, efficient operations and HUD regulations. Repositioning requires a holistic approach to assess each asset’s financial position, physical needs, and applicability of HUD programs. That’s where we come in.
LIHTC dEVELOPMENT
While low-income housing tax credit equity is only one of several ways to finance RAD developments, it is the most common. More than half of RAD conversions have included tax credits in their funding. When considering competitive credits, we assess local demand and supply considerations, and pre-score your project before stepping into a tax credit application.
Rental Assistance Demonstration (RAD)
The RAD program is the most effective HUD-tool for the rehabilitation and long-term preservation of the nation’s aging public housing inventory by allowing access to private financing. Since its creation in 2012, the program has been continuously evolving, allowing more projects to participate. Gonzalez Advisory knows all the ins and outs of RAD and uses all available instruments to deliver viable transactions.
Funding and structuring
For over 15 years we have obtained financing and secured funding to develop over 1,000 housing units. Our services on this area include helping you to identify sources and integrating the multiple funding sources to develop a successful project. We guide the process through funding applications, negotiation of loan and equity terms, and management of due diligence and underwriting.
sECTION 18 dEMOLITION/dISPOSITION
The repositioning of a particular property could result in a redevelopment opportunity. In other cases, land can be disposed of to public/private partnerships, swapped for a more desirable location, or sold to generate investment proceeds to use at a different site. Gonzalez Advisory is highly skilled in navigating the public housing demolition and disposition process where federal approval is granted in a case-by-case basis.
Real Estate Development
We assist clients with the multiple development tasks, from the formulation of conceptual development scenarios, through the selection and coordination of the development team, including architect, general contractor, attorneys, and other necessary professionals, to financial analysis to determine baseline project feasibility and address funding gap. We support clients at every stage of the process coordinating with local jurisdictions, securing entitlements and funding, and managing the project through closeout and breakeven operation.
“Real estate is about more than making money. It’s also more than building things and financing or designing them. Real estate is about ethical, responsible community building”
Contact us.
Use the form below to contact us regarding your real estate enquiry. Please be as detailed as possible. You may also email or call us to make an appointment.
For job opportunities, please email us your resume. We’re always looking for new and exceptional talent to lead the firm into uncharted fields of practice.