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<br />Ms. Michelle Wolfe <br />City of Arden Hills <br /> <br />August 20, 2007 <br />Page 17 <br /> <br /> <br /> <br />Maxtield Research Inc. is a full service real estate research <br />company that provides comprehensive real estate market in- <br />formation. We have more than 20 years of experience in real <br />estate market feasibility and consult on a variety of real estate <br />related market issues. Our expertise enables us to offer solu- <br />tions to the many challenges that developers and communities <br />face. The relationship we develop with our clients is a critical component to the success of our <br />research approach and serves as a source of direction and information during the development <br />and planning stages. <br /> <br />Our thorough knowledge of market trends in the real estate industry allows us to support our <br />clients with valuable information that affects planning and development. We are able to deter- <br />mine viable solutions to the issues inherent in planning for growth. We provide research for <br />"smart" development and support the real estate research needs of a wide range of clients includ- <br />ing: <br /> <br />~ Real Estate Developers <br />~ Marketing and Management Companies <br />~ City and County Government Agencies <br />~ Local and Regional Housing Authorities <br />~ Financial Institutions <br />~ Health Care Organizations <br />~ Investors and Lenders <br />~ Architects and Law Firms <br />~ Rental <br />~ Student Housing <br />~ Condominium <br />~ Financial Services <br /> <br />Market .FeasibiIity Studies for all types of development, with particular expertise in multifami- <br />ly rentals, for-sale, multifamily, and senior housing. Market feasibility studies provide our <br />clients with the information they need to determine the likelihood of successful implementation <br />of the project they are evaluating. <br /> <br />Market Assessments provide clients with relevant information to make site selection decisions, <br />gain additional knowledge about current and evolving markets, or reposition existing properties <br />to take advantage of changing markets or competitive conditions. <br /> <br />Comprehensive Housing Studies help cities and/or counties anticipate housing needs, direct <br />housing policies, and understand key issues/conditions in the housing market. <br /> <br />MAXFIELD RESEARCH INC. <br /> <br />