Developers Research Announcement

Press Release

Developers Research Expands into Northern California Market in Strategic Alliance with Established Public Finance Firm

 

 

IRVINE, Calif. - Jan. 11, 2008 - Developers Research, a prominent real estate evaluation company, is expanding its reach into Northern California by opening an office in the San Francisco Bay area that also will serve markets from Sacramento to the Central Valley.

 

This strategic move is designed to take advantage of significant development opportunities in the region and to strengthen an existing alliance with David Taussig & Associates, a leading California public finance firm that consults on facilities planning and urban economics.

 

"This alliance is a natural for both our firms because our skills are extremely complimentary as well as in great demand, particularly in these challenging economic times for real estate development," said Barry Gross, president of Developers Research. 

 

The two companies, both of which are based in Orange County , have worked together on a number of major real estate projects in Southern California . They will share offices at 2950 Buskirk Ave., Suite 185 , Walnut Creek , Calif. 94597 . Developers Research's Northern California representative is Tyler Girimonte.

 

 "There is definitely a role for us to play in Northern California ," Gross said. "There are no other companies there now that can provide the kind of comprehensive financial assessment of real estate projects that we've been doing for the past 10 years in Southern California . We're bringing new services to the market."

 

Developers Research has earned a solid reputation for accurately evaluating the potential value - as well as the cost to develop - all types of property from individual projects and master plans to large portfolios of residential and commercial real estate. Their services and proprietary methods are highly sought by builders, developers, investors and other land owners. The company has completed more than 7,500 assignments in 25 states for more than 170 clients.

 

This year, Developers Research became the first firm in the United States to be ISO certified in management consulting services for land development by the International Organization for Standardization, the world's largest developer and publisher of international standards.

 

The work performed by Developers Research dovetails neatly with the services provided by Taussig, which specializes in municipal infrastructure and public services finance and land development economics.

 

"Developers Research does the engineering review and cost analysis to establish the value of projects to be financed, my company figures out ways for developers to generate revenues from the sale of community finance district bonds to complete those projects," said David Taussig, was instrumental in drafting the 1982 California legislation that modified the guidelines for creating community finance districts or CFDs.

 

Taussig's firm currently is engaged on a number of major projects in the San Francisco Bay Area, Sacramento and Central Valley cities of Stockton and Modesto . DTA's Northern California clients include: Brookfield Land ; Lennar; Williams, Meanie & Sullivan; A.G. Spanos Companies and the Three Rivers Levy Improvement Authority, for which DTA arranged $138 million in bond financing in Yuba County .

 

 
 

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Media Contact:

Anton Communications
Genevieve Anton
714-544-6503 

 

About Developers Research

 

Developers Research was formed in 1997. Its senior executives include experienced land developers and financial analysts. The company's staff of specialists has completed more than 7,000 assignments in 25 states throughout the country for more than 170 private and publicly held companies as well as local and regional governments. Developers Research is highly regarded for its proprietary analytical models and methods of evaluating value and risk associated with every facet of real estate acquisition, development and disposition.

 

About David Taussig & Associates

 

David Taussig & Associates, Inc. (DTA) is a public finance, facilities planning and urban economics consulting firm. We specialize in municipal infrastructure and public services finance and land development economics. DTA provides consulting services to both public and private sector clients throughout California . We are also serving clients in Arizona , Hawaii , Idaho , Illinois , Nevada , New Mexico and Texas . For more information, please visit www.taussig.com

 

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