• 15

    Real Estate Planning | Four Seasons Hualalai, Hawaii

    Originally planned as a typical high rise hotel resort the project was abandoned in the late 1980's. LUE staff were part of the team asked in 1995 to update the plan.

  • 24

    Investinor, AS, Norway

    LUE was commissioned as part of team that involved mountain planners, ski area operators, and a private equity fund to develop a strategy for growing the ski and resort industry with Investinor as a direct equity partner.

  • 23

    Real Estate Research | Santa Lucia Preserve, California

    This historic 20,000 acre ranch originally planned 4,000 units, our solution limited development to fewer than 300 units and dedicated over 17,000 acres to a conservation easement.

  • 14

    Squaw Valley USA, California

    Squaw Valley is a major contributor to the tourism marketing budget for North Lake Tahoe. A special study determined ways to broaden the market appeal and reduce seasonality.

  • 7

    Market Research | Tourism Strategy, Island of Sardinia

    LUE was part of an interdisciplinary team led by Bechtel Corporation to develop a tourism strategy for an undeveloped portion of Sardinia.

Valuations and Audits

The rigor applied to core market and financial analysis for new development is applied equally to valuations and audits of existing assets. Sometimes involving a full appraisal, engagements are designed to establish a value for a change in ownership, a joint venture partner, or equity investor, and may involve establishing reasonable value expectations associated with a planned repositioning of an asset, change in management structure, expansion, or redevelopment. Examples include:

  • Valuation of all operating businesses (golf, marina, retail, lodging, etc.) and residual real estate, Horseshoe Bay, TX
  • Valuation of all operating departments, Northstar Ski Area, CA
  • Operational Audit, Presidio Golf Club for the Presidio Trust, San Francisco, CA
  • Valuation of Ragged Mountain Resort, Bristol, New Hampshire
  • Valuation of 17,000 acres of zoned development land surrounding Moosehead Lake, Maine, for Plum Creek Timber