Sacramento, CA
EPS was retained by the Capitol Area Development Authority (CADA) to conduct an evaluation of CADA’s downtown real estate portfolio and to make recommendations regarding the disposition of land assets and the use of development proceeds. CADA was created for purposes of managing key State-owned real estate assets in the Capitol Area, and is presently active in several major mixed-use projects that are transforming this portion of downtown Sacramento.
Based on an analysis of market supply and demand conditions, as well as detailed review of specific properties and related financial information, EPS advised CADA on the overall value of its portfolio, including residential, office, and retail properties. Ultimately, the information will be used to advise CADA on how revenue may best be reinvested in downtown redevelopment projects to enhance the economic performance and quality of life of downtown Sacramento’s Capitol Area.