Testimonials
RESGroup has provided invaluable real estate services to Howard University over the last 3 years- from planning and strategic advice regarding our overall real estate inventory, to a project specific mixed use development of a major University asset. We hired RESGroup in 2007, when my office was created to advise the University on its real estate portfolio, the initial project being the selection of a developer for our first major development project.
Their participation on our team in the developer selection process for the Howard Town Center has allowed us to complete the execution of the lease - from preparing the RFP, selecting the developer, analyzing the economic return to the University, assisting in a land exchange, and negotiating agreements with the developer. This firm brings its knowledge of the real estate development market to the University. It possesses an understanding of the University sector which gives the firm the unique ability to bring the stakeholders together in making major real estate decisions. I have valued their professional opinions, their thorough analytical skills and problem solving capabilities- all of which contributed to the project’s success for the University. I recommend them to any firm, public or private seeking professional and objective real estate counselors.
Diane Branch,
Director of Real Estate Development and Asset Management
Howard University
Patty and her entire team at Real Estate Solutions have become trusted advisors that we turn to for clear, thoughtful and realistic advice in some of our most complicated and significant real estate matters including the development of The Philadelphia Navy Yard. Every assignment is a collaboration and because they are responsive, client-focused and market savvy, we value and enjoy each engagement.
John Grady, Senior Vice President
Philadelphia Industrial Development Corp.
The Sports Museum of America (SMA), a $101 million public/private join venture, is pleased to serve as a reference for Real Estate Solutions Group (RESG).
RESG played a seminal role throughout the successful financing of The SMA (the nation's first comprehensive tourist attraction/museum celebrating all sports) , a $101 million public/private venture. From Spring 2003 through Summer 2006 RESG performed multiple functions for the SMA, the most important of which was creating reliable financial projections for the project. It was, in large part, these projections and the immense thought and research behind them, that gave governmental entities, bond purchasers and equity investors confidence in the sound nature and future of the project. The SMA project simply could not have come to fruition without the assistance of RESG.
The knowledge and experience of the team at RESG, particularly that of the firm's founder Patty Adell, was instrumental to our success as a project.
We welcome the opportunity to further discuss Real Estate Solutions' work personally if you like, or to elaborate on our extensive experience as a client.
Sincerely,
Philip Schwalb, CEO
Sports Museum of America
"The National Law Enforcement Officers Memorial Fund hired Real Estate Solutions Group to evaluate its business plan for a proposed national museum in 2006. RESG provided an independent review of the Fund's estimates of visitors, earned revenues and operational expenses. RESG did an outstanding job of balancing the need for complete independence with a careful and sympathetic review of the Fund's vision and unique place in the Washington, DC cultural market place. RESG used its in-depth knowledge of the proposed Museum to select comparable museums for case studies, which were a key element of its analysis The Fund has relied on RESG's report both in working with potential lenders and in understanding its own business in greater depth."
Tom Gallagher
National Law Enforcement Museum Project Manager
The E&G Group