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Consulting

Over the years, Pillar Property Services, LLC, has performed a wide variety of consulting services for numerous clients in the areas of government contracting, affordable housing and property management.

Do you want to administer a government program, but don’t have the capacity or staff to perform this in-house?

Pillar has administered a variety of government programs including:

  • The administration of the Neighborhood Stabilization Program (NSP). Pillar acquired, rehabbed and resells single-family foreclosed homes in Arvada and Lakewood
  • Database creation and implementation for affordable housing developments
  • Successfully obtaining federal grants
  • Management organization review of staff efficiencies

Sample Clients: Jefferson County, City and County of Denver, Longmont Housing Authority
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Would you like to have the reassurance of avoiding IRS-8823 issuances for first-year Section 42 low-income housing tax credit resident files?

Pillar specializes in detailed file review, to ensure compliance with all IRS Section 42 tax credit regulations.

Sample Clients: Stanford Village (First Bank, Fort Collins), Pinecrest Village (Newcastle Properties, Commerce City), Sixth Avenue Residences (Aurora Housing Authority, Aurora), Palermo Village (Black Creek Capital, Denver), Foothills (Boulder Housing Partnership, Boulder)
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What if you’re past the first year of Section 42 tax credit occupancy, but don’t feel comfortable without a file review, either on an ongoing basis or in preparation for a CHFA or limited partner review?

Pillar performs file reviews for owners in preparation of CHFA reviews, as an expert witness in court cases, or merely as a preventive measure to ensure complete accuracy.

Sample Clients: First Bank Equity Properties (Stanford Village – Fort Collins, Golden Pointe – Golden, WestView Community – Boulder), Senter West Village Apartments (Burlington Housing Authority, Burlington), Brunetti Lofts (St. Charles Town Development, Denver), Coughlin & Company.
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Do you have an immediate need for Section 42 low-income housing tax credit training, and can’t wait until the next scheduled training?

We offer full trainings to site managers and leasing personnel in an organized, easy-to-understand format written specifically for site personnel. Why not give yourself the peace of mind that your staff will have accurate files?

Sample Clients: Coughlin & Company, Newcastle Properties
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Want to self-manage, but don’t have the capacity or knowledge to do it all?

Pillar can perform the functions that are keeping you from more important tasks. From bookkeeping to collections, we do it all.

Sample Client: Fox Run (Grand County Housing Authority, Fraser) Senter West Village Apartments (Burlington Housing Authority, Burlington)
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Considering developing a new multi-family property, but need help with your operating pro-forma? Considering purchasing an existing multi-family property, but not sure if the financial statements you were given are typical representations of income and expenses for that type of property?

We have extensive background in performing proforma and financial reviews for our clients. Pillar’s own portfolio database and access to numerous industry databases enable us to put together a realistic set of operating expenses and rental rates that can be supported to your lenders, enabling you to review financial feasibility before it’s too late! In addition, we have developed a proprietary report of key property indicators that can quickly identify a property’s financial strength, thus allowing a buyer to pinpoint negotiation strengths.

Sample Clients: Brothers Redevelopment, Inc., Lakewood Housing Authority, The Uptown Partnership
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Need the tools to effectively asset manage your property?

Let Pillar Property Services, LLC, use its five-point proprietary Property Financial Health analysis tool to give you a quick, clear picture of how well your property is performing. We can also perform more detailed asset management analyses to help you determine “hold or sell” strategies.

Sample Client: Community Action Agency of Southern New Mexico
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Need expert testimony in court to substantiate your position?

 

Paul Malinowski has served as an expert witness in cases involving fair housing, Section 42 tax credit compliance, housing authority operations, and apartment values. He has been lauded by legal counsel for his thorough research and clear, concise presentations “on the stand”.