Reed Kawahara
A Principal in Keyser Marston Associates’ San Francisco office, Mr. Kawahara has over 12 years experience in urban planning, financial feasibility, affordable housing, land development and military base reuse analysis. Before joining Keyser Marston, Mr. Kawahara worked in real estate development for four years as a Project Administrator with BRIDGE Housing Corporation.
Key Role
During his tenure at Keyser Marston, Mr. Kawahara has developed in expertise in financial feasibility and pro forma modeling of a wide variety of land use projects including large land development/subdivisions, single family residential, multi family residential, affordable housing, retail, and mixed use projects. He is experienced in structuring financing plans involving conventional debt instruments, tax increment, tax exempt housing bonds, tax credits, and Community Facilities District financing. Mr. Kawahara has also advised cities and agencies in the negotiation of public-private partnership agreements ranging from small residential and retail projects to large, multi-phased new communities.
Specific Areas of Expertise
Real Estate Financial Feasibility
Mr. Kawahara is experienced in pro forma modeling and financial feasibility analysis of development projects involving detailed analysis of capital cost budgets, income and expenses, multi-year cash flow projections, sources of financing, and developer return analysis.
Affordable Housing
Mr. Kawahara has developed a specialty in evaluating the financial feasibility of affordable housing projects and structuring loans and other forms of financial assistance from public agencies to both non-profit and for-profit developers. This area of specialization involves staying abreast of current subsidy sources and lending programs available for affordable housing.
Military Base Reuse
Mr. Kawahara is experienced in evaluating complex military base reuse projects and negotiating public-private transactions with private developers. Large mixed-use developments with which he has been involved include East Garrison and University Villages in the former Fort Ord, Monterey County, and Tustin Legacy at the former MCAS Tustin, Central Orange County.
Professional Credentials
Mr. Kawahara received a B.A. in political science from the University of California, Davis and a master’s degree in political science and urban studies from San Francisco State University. He is a member of the Non-Profit Housing Association of Northern California, San Francisco Planning and Research Association, and a former member of the San Francisco Redevelopment Agency South Beach-Rincon Point Citizens Advisory Committee. Mr. Kawahara has also conducted technical workshops for the California Redevelopment Association and has presented to other professional groups.