CITY OF DUARTE
REAL ESTATE FINANCIAL AND ADVISORY SERVICES
Within the last year, RSG completed two real estate advisory assignments for the City of Duarte. First, RSG evaluated a development proposal involving a city-owned property previously utilized as City Hall. This evaluation included conducting a review and evaluation of the development pro forma for the development proposal, conducting market research to estimate the fair market value of the property, and conducting an alternative pro forma analysis with verified data to identify a fair sales price. RSG also provided valuation analyses and developer pro forma peer review services for an additional property in the heart of the City’s primary commercial corridor. The valuation involved estimating the value of city-owned property under the previous zoning and under a more flexible zoning code adopted in 2016.