The vendor is required to provide real estate development advisory services in connection with developing, modeling and evaluating project development and financing plans; the acquisition, sale or lease of public land (including sale- leaseback, lease-leaseback or other real estate leasing and purchasing options).
1. Development advisory
• Assist county staff in the identification and evaluation of county and privately-owned properties that present development and redevelopment opportunities, wherein such opportunities may be leveraged to assist in financing the construction of county-owned facilities, housing or mixed-use development.
• Some or all of these transactions may require varying degrees of advice and involvement at the county’s sole discretion.
2. Real estate advisory
• Provide real estate advisory services in connection with developing, modeling and evaluating project financing plans; the acquisition, sale or lease of public lands (including sale-leaseback, lease-leaseback or other real estate leasing and purchasing options); implementation and evaluation of neighborhood residential and commercial revitalization strategies; the privatization and adaptive reuse of underused public facilities; multi-family, stacked townhome, and townhome market rate and affordable new construction, rehabilitation, and redevelopment projects; infrastructure financing strategies; and long term strategic planning;
3. Market analysis and valuation
• Conduct market analysis in conjunction with generally accepted methods for market valuation, feasibility, modeling, trending and forecasting, and research assistance for development potential of private land, county owned or partnership properties and in furthering the county’s stated goals for economic success.
• Such analysis may include the appraised value of all aspects of a property’s development potential.
4. Public outreach
• Prepare public presentations and execute outreach services, as requested.
5. Financial analysis
• Develop and review pro forma and perform financial analyses, as required, for development scenarios or selected transactions including advising on the appropriate form of public financing or investment to achieve county goals use of revenue bonding, or deployment of federal funding sources for housing and community development.
6. Fiscal impact analysis
• Develop and review pro forma and perform analyses, as required, for selected transactions including assessment of direct and secondary economic benefits of proposed developments, during construction phase and recurring annual operations.
• These may include, cost-benefit analysis comparing projected public revenues to public service costs accrued and templates that model economic impacts of developments with variable inputs.
7. Real estate appraisal
• Provide appraisal services for real estate and real property valuation consistent with generally accepted methods for market valuation.
• offerors must possess appropriate appraiser licenses and certificates and have geographic experience and competence in county and surrounding area with all property types.
8. Real estate brokerage services
• Provide brokerage services as necessary for potential real estate or real property acquisition or disposition.
• Offerors must possess appropriate broker licenses and have geographic experience and competence in county and surrounding area with all property types.
- Contract Period/Term: 5 years
- Virtual Pre-Proposal Conference Date: August 21, 2025
- Questions/Inquires Deadline: September 8, 2025
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