• MARKET SURVEY - review of subject, primary and secondary competitive facilities, demand analysis based upon historical rounds, comments on subject rates and market positioning, facilities under construction and planned in the market area.
• MARKET STUDY - includes Market Survey plus supply & demand analysis based upon participation rates (including demographics), analysis of subject operating statements and cash flow projection.
• FEASIBILITY STUDY (for proposed facilities) - includes Market Survey and Market Study plus cost analysis, investor return requirements, net present value analysis, recommendation of development feasibility.
• APPRAISAL (for existing facilities with three years of operating data), - includes Market Study (analysis of alternate uses/redevelopment as needed). Typically used for financing, Ad Valorem tax appeals, bankruptcy, litigation, condemnation, buy/sell decisions, portfolio analysis, etc.
• APPRAISAL (for proposed facilities) - includes Feasibility Study plus income approach value, cost approach, market sales comparison approach, highest and best use analysis.
• BROKERAGE, BUYER AND SELLER CONSULTING - knowing the "players" both regionally and nationally, we can assist in finding buyers, sellers, financing, assistance for marketing, repositioning and renovation. Mr. Hughes is a licensed broker in Kansas and has been a professional landman.
• DUE DILIGENCE - information gathering on markets, title, contracts, operations, asset inventory, replacement requirements, to "get your hands around" an asset you may have in a portfolio, a potential foreclosure, or for potential buyers and developers.
• ASSET ALLOCATIONS for acquisitions, insurance, IRS book values, leases, partial interests, etc.
• REVIEWS of appraisals, market studies, feasibility studies for lenders, banking regulators, buyers, sellers, attorneys, courts, etc.
• ECONOMIC IMPACT STUDIES - cash flow projections with calculations showing impact of sales tax, property tax and other benefits from a golf course in the community, municipal golf course deal structures, manage vs. outsourcing
• MARKET POSITIONING - focused market research, niche opportunities, private vs. daily fee, marketing and pricing.

MARKET SURVEY	MARKET STUDY	FEASIBILITY STUDY
APPRAISAL, existing	APPRAISAL, proposed	DUE DILIGENCE
CONSULTING	ECONOMIC IMPACT STUDIES	MARKET POSITIONING
(see GOLF COURSE for descriptions)