Maximizing the value of
non-profit- or church-owned property is an excellent way for an
organization to achieve its goals, whether creating income, expanding
facilities, increasing parking, or providing its community with valuable
services or housing. Limited real estate knowledge, or limited capital,
can result in a church or non-profit missing out on a golden opportunity
to help its congregation and/or community flourish. This is where
BTGcan help. With over 40
years experience, we specialize in real estate development consulting
for religious and non-profit organizations.
Services provided by
BTG include the following:
Feasibility Study: BTGwill determine the
viability of a clientís proposed project by 1) conducting extensive
zoning research to determine site requirements and constraints, 2)
working with contracted professionals including a surveyor, architect
and contractor for site, design, and cost data gathering, 3) conducting
market analysis, 4) determining available funding sources including
grants, incentives or other programs that can positively impact the
project financing, and 5) creating a financial model, informed by the
collected data, to determine project viability.
Developer Partnerships: BTGwill represent a client
in the selection of a qualified developer-partner through a Request for
Qualifications (RFQ) and Request for Proposals (RFP) process.
Land-rich, but cash-poor churches and non-profits can team with
qualified developers to provide funding for projects that meet both the
churchís or non-profitís and developerís goals. For example, an
affordable housing developer pays a church a ground lease payment for 55
years to develop an affordable housing project on church-owned land.
The church maintains ownership of the land, helps provide needed
affordable housing in its community, receives cash from ground lease
payments (upfront or spread over time), and the land and the project
revert to church control at the end of the lease term. Itís a
win-win-win proposition with the church, the developer, and the
community all benefiting.
To see these services
applied to real world clients, click on the Project Gallery link above.
For a complete list of BTGservices, see the ďAbout