Peterson Economics is a real estate economics consulting firm that specializes in examining the market and financial feasibility of a variety of land use types, including proposed new:
- Large-scale destination resorts and private club communities
- Master-planned residential communities
- Fractional resorts and private residence clubs
- Lodges and conference centers
- Golf courses and country clubs
- Ski resorts
We also offer expertise in performing:
- Strategic repositioning studies
- Valuations
- Expert witness services
Over the past six years, Peterson Economics has been retained to complete more than 275 market and financial analyses for proposed new developments, including 200 of the largest and most complex destination resort communities and high-end private club communities currently proposed in North America. Combined, these communities represent more than $150 billion in proposed new real estate development.
Each year, Peterson Economics is now retained to complete about 50 to 60 market and financial analyses for proposed new second-home communities and resorts, giving our small firm perhaps the largest share in North America of such work. The typical community examined by Peterson Economics consists of about 1,000 to 5,000 acres and is proposed to include 400 to 1,000 residential units (typically second homes), along with amenities like golf, spa, fine dining, beach clubs, and some form of lodging.
Our clients include a broad mix of:
- Private developers (large and small)
- Landowners (public and private)
- Major investment banks
- Municipalities
- Recreation districts
- Others, such as non-profit organizations
Our recent and current clients include:
- Citigroup
- Morgan Stanley
- Dowling Company
- Lowe Enterprises
- Landmark Land
- MSD Capital
- Washington Holdings
- Goodfellow Brothers
- Sanchez Navarro Family
- KSL
- Fairmont Hotels
- Beazer Homes
- Centex Homes
- Paws Up Ranch
- Starwood Capital
- Olympus Real Estate
- Plum Creek Timber
- Stimpson Timber
- Jeld-Wen Communities
- Warm Springs Indian Tribe
Peterson Economics’ professionals combine over three decades of industry experience with detailed field research and careful analysis to provide clients with the most thorough, well-prepared, and creative analyses in the industry.
Our Role in the Development Process
By engaging Peterson Economics early in the process and adopting a market-driven design and development approach, the project can be designed and positioned to maximize its potential profit and return on investment.
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About Peterson Economics
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Recent Work:
includes market and financial analyses for the following:
- Makena Resort, Maui, Hawaii: A conversion of this existing resort into the most notable new ultra-high-end oceanfront second-home community in the Hawaiian Islands, and possibly in the western hemisphere, with real estate sales likely to exceed $7 billion on the 1,800-acre site. Details.
- Suncadia, Roslyn, Washington: A new multi-billion dollar, 6,300-acre resort community in the mountains east of Seattle, which has sold over 1,000 high-end second-home properties since sales began in 2004. Details.
- Hacienda, Cabo San Lucas, Mexico: A highly successful new oceanfront condominium development overlooking Land’s End.
- Capella at Pedregal, Cabo San Lucas, Mexico: A new ultra-high-end boutique hotel, fractional community, and whole-ownership community adjacent to Land’s End.
- Sundance at Moama, Echuca/Moama, New South Wales, Australia: A proposed new second-home community near the banks of the Murray River about a three-hour drive north of Melbourne.
- Saddlehorn Ranch, Bigfork, Montana: A new upscale second-home community on a wooded, 800-acre, lake-view site immediately south of Bigfork, affiliated with the historic Flathead Lake Lodge guest ranch.
- Maluaka, Maui, Hawaii: A proposed new ultra-high-end oceanfront resort in Makena. For this resort, Peterson Economics was asked to evaluate the relative costs and benefits of Four Seasons branding and affiliation. This was proposed as the premier oceanfront condo community on Maui, with whole-ownership condo prices in the $4 million to $13 million price range ($1,700 to $2,400 per square foot). As part of this analysis, Peterson Economics examined top branded resorts throughout Hawaii, Mexico, the Caribbean and Costa Rica, and evaluated where branding adds value, how much, and why. Details.
- El Paraiso, Careyes, Mexico: A new, ultra-high-end resort community proposed on a 2,000-acre oceanfront site.
- Brasada Ranch, Bend, Oregon: A highly successful new 1,800-acre resort community, which has sold over 400 second-home properties since sales began in mid-2005. Details.
- Vineyard and Winery Club, Mendoza, Argentina: A proposed new high-end vineyard, winery, and private members’ lodge on a 1,000-acre site in the heart of Mendoza’s premier wine-producing region, positioned as a private club offering the benefits of private label wine and onsite lodging.
- Flying E Dude Ranch, Wickenburg, Arizona: An evaluation of repositioning options for a struggling dude ranch operation in Arizona.
- Carara Bay, Costa Rica: A proposed new oceanfront resort community in the Central Pacific Coast region of Costa Rica, proposed to include a high-end marina, hotel, and other components.
- San Luis Pass, Galveston, Texas: A highly successful new 1,100-acre resort community on the Gulf of Mexico.
- Fernie, British Columbia, Canada: A proposed new, ultra-high-end private ski club community in the Canadian Rockies.
- Spruce Peak, Stowe, Vermont: A highly successful new 1,000-unit base village at the Stowe Mountain Resort.
- Punta Gorda, Los Cabos, Mexico: A proposed new ultra-high-end second-home/resort community on a spectacular 2,000-acre oceanfront site east of San Jose del Cabo.
- Wilderness Lodge, Yakutat, Alaska: A proposed new ultra-high-end wilderness lodge near Yakutat, Alaska.
- Resort at Paws Up, Missoula, Montana: A successful new high-end, low-density resort on a 10,000-acre ranch in Montana.
- Fairmont Orchid, Mauna Lani, Big Island, Hawaii: A proposed conversion of a portion of the Orchid Hotel to a condo-hotel.
- Union Bay, Vancouver Island, British Columbia, Canada: A proposed new waterfront second-home community on Vancouver Island.
- Hyatt Cambridge, Chesapeake Bay, Maryland: A proposed new residential development adjacent to an existing Hyatt hotel.
- Los Anegados, San Carlos, Mexico: A proposed new oceanfront resort community overlooking the Sea of Cortez.
- Pronghorn, Bend, Oregon: A highly successful new private golf club community and resort, featuring courses by both Nicklaus and Fazio.
- Clear Creek Ranch, Lake Tahoe, Nevada: A proposed new ultra-high-end private golf club community on a 1,600-acre site.
- The Hollows, Lake Travis, Texas: A highly successful new second-home community in the Texas Hill Country.
- Golf Community, Thibodaux, Louisiana: A proposed 3,000-acre master-planned community.
- Lake Amistad, Mexico: A proposed new lakefront resort community overlooking Lake Amistad, on the Texas/Mexico border.
- Rosario Resort, Orcas Island, Washington: An evaluation of re-development/re-positioning options for Rosario Resort in the San Juan Islands.
- Querencia, Los Cabos, Mexico: An analysis of repositioning options for Querencia, an upscale private golf club community.
- Northern Idaho Ski Resort: A proposed expansion of an existing ski area and new base village.
- Bitterroot Mountain Resort, Missoula, Montana: A proposed new ski resort community near Missoula, Montana.
- View all recent work
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