Mount Cranmore, New Hampshire

Disposition of Bank-Owned Resort and Asset Management

Investor AS, Norwegian Government economic development arm, hired iModelHomes for generating foreign capital for Norway, do a Norwegian ski industry market assessment and create a corresponding investment strategy and business plan. IModelHomes was also in charge of assisting on the sovereign fund’s potential exit strategies once the industry had matured. Project team of specialists in capital markets, mountain planning, and financial planning was led by IModelHomes.

Maravía, Baja Sur, Mexico

Financial Feasibility Analysis and Market Assessment

iModelHomes conducted a resort development financial feasibility study and market assessment that included the following: review of tourism trends, current economic and real estate; market demand assessment, competitive analysis, access, a comparable real estate developments analysis and their pricing, amenities, unit mix, and absorption rate. The comparable golf club and course, resort and marina developments were also included in the competitive analysis in Baja California, Mexico.

All the details that are needed for the marina plan and the land use were provided in this market assessment as well as for financial pro forma for the real estate. A phased, detailed financial development model was created by iModelHomes, based on market study. This model included various key assumption analysis regarding absorption rate and pricing of real estate, so this development model could be reviewed as to the impact on future cash flows.

Royal Gorge, California

Development Financial Pro Forma Modelling and Geo-Demographic Demand Analysis

iModelHomes worked on revision the sales projections of real estate and financial development model. Market research and geo-demographic mapping were a part of demand analysis for optimizing the location and size of the target market based on patterns of lifestyle behaviour and income thresholds. This market research was a great input to the assumptions that in the future were used in the development financial feasibility study of mountain resort.

Town of Mountain Village, Telluride, Colorado

Assessment of Conference Centre Requirements and Village Revitalization Strategy

iModelHomes in partnership with Ecosign Mountain Resort Planners carried a future needs review for additional conference centre services and facilities. This review included the estimation of demand for functions, festivals, meetings and events in locations of mountain resort, as well as conducting a competitive market analysis of other conference facilities of ski resort and their meeting space ratio to commercial lodging units. Our consultants determined the future conference centre requirements, based on an analysis of required room nights in the future to improve or maintain current level of lodging occupancy because the availability of condominium units and lodge/hotel units would significantly increase as the town's permitted number of units at build-out would be reached.