Real Estate Consulting Services

The vendor required to provide real estate brokerage firms or other professional firms with the expertise of advising on sophisticated real estate matters.
- Requirement:
•    Examining market conditions for real estate development in city, focusing on the residential, retail, office, and industrial uses that exist in the town and trends such as changes in rents, sale prices, vacancy, and the rate of absorption; 
•    Identifying and assessing potential deal structures and valuations for redevelopment properties, including an evaluation of any applicable statutory provisions that would impact the ability of the town to participate in them; 
•    Assist the town in soliciting development proposals and evaluating the value and financial implications of responses from potential development partners, ground lessees, or other stakeholders; 
•    Analyzing the implications of exercising different public policy levers on development, including the impact of affordable housing, changes to tax abatement programs, and alternative financing structures; 
•    Developing narratives to support engagement and negotiations with key stakeholders, and attending and participating in meetings with key stakeholders; 
•    Supporting the town in the negotiation of key business terms in its real estate transactions. 
•    Evaluating assessed valuations, tax abatements, and tax rates for residential and commercial properties; 
•    Preparing revenue forecast reports in connection with financing activities, and making presentations of such reports; 
•    Preparing, or causing to be prepared, feasibility reports, appraisals, and market analyses, or any other real estate related reports; 
•    Attend all meetings (internal and external) and telephone conferences as necessary.

- Contract Period/Term: 5 years
- Questions/Inquires Deadline: January 13, 2026