Field Survey Methodology

Following is a synopsis of the components typically included within a Danter Company Tax Credit multifamily study.

Site Inspection

Each proposed site is personally inspected by a Danter Company field analyst. The site is inspected for the suitability for development as it relates to the market. A full area description is included identifying surrounding land uses, as well as proximity to area resident services.

Effective Market Area (EMA)

The EMA, the smallest area from which the project will draw 60% to 70% of its support, is identified for the proposed site. Mobility patterns affecting development at the subject site, natural and manmade boundaries that affect mobility, and area perceptions affecting the site are all identified.

100% Field Survey

All modern apartment development within the EMA is surveyed by our field analysts. The following information is identified for each community.

1. Number of units
2. Type of unit (garden/townhouse)
3. Unit mix
4. Rent
5. Vacancies
6. Unit amenities
7. Project amenities
8. Project type (market-rate or government subsidized)
9. Utilities
10. Year built/opened
11. Determination of Comparability Index, an impartial apartment project comparison rating based on a community's unit, project, and aesthetic amenities
    

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