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Business Plan
& Economic Analysis

Management

Operational Audits

Consulting Specialties

Al Bechtel

Al Bechtel
President

Al Bechtel's sensitivity to golf course development problems has brought to the industry a perspective borne of a successful real estate developer.  His ability to rapidly identify and isolate basic issues, ferret out and evaluate alternative solutions has been the cornerstone of his career.

Al is a decisive and perceptive golf executive, who is especially competitive and driven to "make a deal."  He is a tenacious protector of investor assets.  Al's candor is recognized in the industry.  Because of his real estate development orientation, developers experience the optimal solution, no the one that is "comfortable" to the institutional type consultants.  His uniquely simplified structural analysis establishes a realistic and easily understood tabulation of various alternative strategies for solving golf development problems.

With twenty years of developing experience, Al's background encompasses all facets of managing and developing real estate and golf course facilities.  Al is a recognized speaker and author on golf course development for such organizations as Urban Land Institute, National Association of Industrial and Office Parks and Recreation, Crittenden Golf Seminars and Golf Course Europe.

  • NATIONAL GOLF FOUNDATION, Jupiter, Florida
    Vice President, Golf Course Development.  Directly and indirectly promoted golf course development through feasibility analyses, financing new complexes and recapitalizing older facilities, auditing golf course operations, marketing of NGF services, providing technical assistance to all developers, establishing relationships with institutional lenders, participating in research development projects and developing staff professional skills.
  • RADNOR CORP.  (Sun Oil Co.) Radnor, Pennsylvania
    Executive Vice President.  Acquisitions, strategic planning, investment criteria, joint ventures, financial planning, general development of offices, industrial, shopping centers, elderly housing and residential.
  • FOUNDATION LAND CO., Palm Beach Gardens, Florida
    General Development of land, industrial parks, golf courses, high density housing, and elderly congregate housing.
  • CHASE INVESTMENT ADVISORS.  Delray Beach, Florida
    Chief Executive Advisor.  Permanent financing with pension funds, joint ventures, consulting and acquisitions.
  • HOME FINANCIAL SERVICE CORP., Jupiter, Florida
    President and Chief Operating Officer of commercial subsidiary, mortgage broker, joint ventures, project identification, evaluation and implementation.

J. Kenneth Parrish
Principal

As co-founder of Johnson & Parrish, one of Florida's most respected appraisal firms, Ken's experience in real estate evaluation, feasibility, and market studies, has led him to become an associate in Golf Investment Advisors.  Because of Ken's diverse background and experience, he is able to conduct a full economic investigation of market characteristics, evaluate development costs, constraints, risks, absorption rates, and debt service requirements.  Because of the complexities involved in golf course financing, a comprehensive and detailed investigation to determine the appropriate revenues and costs is essential and critical.  Ken brings to the golf course feasibility studies, an extensive amount of experience in defining site characteristics and the economic implications of those characteristics.

J. KENNETH PARRISH, JR., MAI, SRA
STATE CERTIFIED GENERAL APPRAISER #0000249

  • PROFESSIONAL DESIGNATIONS
    Member - The Appraisal Institute
    MAI Certificate No. 7980
    SRA Senior Residential Appraiser
  • EDUCATION
    Florida Atlantic University:
    B.A. Degree in Business Administration, 1982.
    Dual Majors in Finance and Real Estate
  • PROFESSIONAL EXPERIENCE
    Served as a Special Master to oversee Tax Appeals for Palm Beach County
    Qualified as an Expert Witness, Palm Beach, Martin, Broward and Nassau County Circuit Courts

Brian G. "Brig" Edwards
Principal

Brig has been involved in the real estate industry for over 10 years with a variety of experience including appraisal assignments, feasibility studies, highest and best use studies, market studies, and replacement cost estimates.  His real estate experience has included a variety of property types such as shopping centers, office buildings, industrial properties, and residential communities, but his recent focus has been in the golf industry.  With his technical background in engineering and MBA real estate, Brig has the ability and analytical skills to prepare in-depth cash flow models to assist clients in projecting returns and financial feasibility under various development scenarios.  his detailed approach to complex assignments and ability to interpret data, are evident in every assignment completed.

BRIAN G. "BRIG" EDWARDS, MAI
STATE CERTIFIED GENERAL APPRAISER #0001303

  • PROFESSIONAL DESIGNATIONS
    Former Member of the Real Estate Society of    University of Texas at Austin.
    Member - The Appraisal Institute, MAI Member No. 10,815
  • EDUCATION
    University of Florida - 1980-1985
      B.S. Degree in Chemical Engineering
    University of Texas at Austin - 1987-1989
      MBA in Real Estate 
    Recipient of Grant from Commercial Real Estate Society of Austin, Texas
  • PROFESSIONAL COURSES AND SEMINARS (PAST THREE YEARS)
    The Legislation, Regulation and Appraisal of Real Property Rights in Florida, Sponsored by Appraisal Institute, September, 1996
    Internet and the Appraiser, Sponsored by Appraisal Institute, February, 1996re Law for Appraisers, March, 1998
    Hotel/Motel Valuation, April, 1998
    Loss Prevention for Appraisers, May, 1998
    Valuation of Billboards and Conservation Easements, May, 1998
    Appraisal Considerations for Rural Properties and Sod Farms, May, 1998
    Mock Trial for Appraisers, September, 1998
    Make Financial Sense of Your Golf Development, October, 1998

 


7745 Indian Oaks Dr., Apt H-301
Vero Beach, FL  32966
Phone #  772-299-4035