Consulting

Kahr Real Estate Services, LLC (“KRES”) is a boutique real estate advisory firm that services clients worldwide. Since our founding in 2002, we have worked on real estate investment and development projects in an advisory capacity across various product types, including industrial, retail, office, hotel, healthcare, self-storage, residential (multifamily and condo), land subdivision, hospitality, and mixed-use. For almost 20 years and through changing markets, we have provided advisory experience to help clients position their properties in each environment. Our client base is equally diverse and includes commercial and investment banks, private real estate investment firms, high net-worth individuals, REITs, developers, and government organizations.

Some of our past engagements include: 

• Financial Analysis
  • Very Large Mortgage Underwriting Model
  • Financial Feasibility Analysis of Atlantic Yards, Brooklyn, NY
  • Partnership Model for a Real Estate Fund
  • “Seed” Fund and Multiple Development JVs
  • Full life-cycle development financial model for a major foreign investor in the United States
  • “One-Off” Underwriting Projects
• Market Studies
  • Creation of a Development Plan for the Cleveland Waterfront
  • Market Analysis for a 2.3 mm SF Mixed-Use Development in Queens, NY
• “Other”
  • Training Materials for the Launch of a Commercial Real Estate Cash Flow Analysis Tool (Assess+RE)
  • Analysis of the Tax Assessment System of the City of New York
  • Project Simulation “Boot Camp” for New York City Economic Development Corporation

KRES’s consulting service lines include:

• Financial, economic, and market feasibility studies
• Financial modeling and portfolio analysis
• Deal/fund level analysis and due diligence
• Capital markets advisory
• Offering memoranda
• Training classes for real estate finance and investment

KRES comprises a small team of competent individuals with unique backgrounds in real estate, finance, and economic development. In selecting projects to bid on and work on, KRES carefully considers the skill sets and experience required to provide outstanding service for the client.

In addition to our consulting services, KRES has established a reputation as the pre-eminent training company for real estate financial analysis, with thousands of professionals taught annually at all skill levels across the United States and abroad. We are best known for being the most prominent independent training firm for the Argus software package and for Excel modeling classes that we have provided on our own and through other entities, such as the Urban Land Institute.