Non-Profit Organizations
Recent Examples of Our Work with Non-Profit Organizations
Willis-Knighton Health System owns several hospitals in Shreveport, Louisiana. The decision was made to enter the senior housing business as a natural extension of Willis-Knighton’s mission and desire to serve the community. We were engaged to explore complementary land use options for a 307-acre tract that was acquired in southeast Shreveport.
Fox Theater, Inc. was interested in understanding the market for excess development rights for transfer of development rights (TDRs) from its approximately 1.8-acre property to developers needing additional density rights elsewhere in Midtown Atlanta. Our role was to study the subject property and the Midtown Atlanta TDR market a develop a long-term investment strategy.
Early Learning Property Management engaged Haddow & Company to document the physical condition of 10 head start centers in DeKalb and Rockdale Counties. Based on the analysis, the decision was made to vacate these facilities and pursue funding for more appropriate facilities.
Northside Hospital was considering building a Phase II medical office building at its Alpharetta campus. Our charge was to determine whether the market could support a second building, and to assist in planning the facility. Special emphasis was placed on understanding the marketing experience and development economics of the Phase I building. We conducted a detailed survey of medical office buildings, a survey of 1,162 physicians on staff at the hospital, and other research steps to gauge the proposed building’s competitive market position.
The Center for Puppetry Arts was considering two possible relocation options, as well as remaining in its current location on Spring Street in Midtown Atlanta. Our role was to weigh the economic merits of the various scenarios, including the redevelopment potential of the current location.
Operation Mobilization (OM), a Christian outreach organization, is headquartered on 70 acres in Tyrone, Georgia. The shift to remote work resulted in an underutilization of the office space on the campus. OM was exploring either leasing the excess space to another non-profit organization, structuring a sale-leaseback to an investor, or selling the property for redevelopment. We were hired to evaluate the merits of various options and to recommend the best strategy for optimizing the property’s value.
