Elizabeth M. Beckett, CRE, Senior Vice President, has more than twenty years of real estate consulting experience, including five years of association with the real estate advisory services practices of major national accounting and consulting firms.
Ms. Beckett’s areas of expertise include the following:
- Market feasibility studies and financial analyses of residential, commercial, and industrial real estate
- Market analysis for special uses: affordable and mixed-income housing, transit-oriented development
- Local and regional economic development strategies
- Fiscal and economic impact analysis
Ms. Beckett has conducted numerous market studies and highest-and-best use analyses for sites in cities and suburban communities throughout the mid-Atlantic region. She has evaluated the reuse potential of a large tract in Harrison Township, New Jersey surrounding a PATH transit stop, a Superfund site in Roebling, NJ, a 100-acre estate in Chester County, PA and the 34-acre Logan Triangle site along Roosevelt Boulevard in Philadelphia. She conducted an analysis of the residential market potential of all neighborhoods in Wilmington, DE, and she has examined the market for several specific redevelopment projects in that city, including a HOPE VI-funded development with mixed income sales and rental housing units. She analyzed the residential market in West Philadelphia for Fannie Mae’s American Communities Fund, and has prepared a transit-oriented revitalization plan for Philadelphia’s Germantown and Nicetown neighborhoods.
Ms. Beckett completed a major market analysis of several thousand units of privatized military housing at Fort Dix/McGuire AFB in New Jersey on behalf of Goldman Sachs & Co. Ms. Beckett has been active in the Harrisburg, PA market assisting a planning firm in understanding the redevelopment potential of a seven-mile portion of the Route 22 corridor and working with a national apartment developer and manager on asset repositioning. She has also assisted several developers in formulating mixed-use development concepts for submission in response to requests for proposals issued by major landholders.
Ms. Beckett has worked with the Philadelphia Redevelopment Authority on a revitalization analysis in the Point Breeze neighborhood designed to focus use of federal ARRA stimulus funding received by the City. She is currently part of a consultant team preparing an economic development study for the municipalities in the Coatesville School District in Western Chester County, Pennsylvania.
Ms. Beckett has assisted not-for-profit sponsors and for-profit developers of affordable and mixed income family and senior housing by preparing market studies to be included in applications for Low-Income Housing Tax Credit, HOPE VI and HUD Section 202/811 financing. Beyond drafting the formal report, Ms. Beckett provides input to help shape development programs and unit designs that will be competitive in the market. Her affordable and mixed-income housing work is concentrated in Pennsylvania, New Jersey and Delaware, and her clients include experienced developers such as The Ingerman Group, Federation Housing, The Integral Group, LLC, New Courtland Elder Services and Community Investment Strategies.
Ms. Beckett has completed a number of analyses of the market potential of Transit-Oriented Development (TOD) projects. She has also prepared and reviewed fiscal and economic impact analyses for public and private sector clients. Prior to joining RES, Ms. Beckett was part of the Real Estate Advisory Services practices of both Coopers & Lybrand and Laventhol & Horwath. She also served on the professional staff of the New Castle County Executive’s Office where she was responsible for housing and economic development issues and the administration of the County’s first-time homebuyer mortgage bond program.
Ms. Beckett was the 2011 President of the Delaware Valley chapter of the Counselors of Real Estate (CRE). She is a member of the Philadelphia Chapter of the National Network of Commercial Real Estate Women (CREW) and a charter member and Vice Chair of the National Council of Housing Market Analysts (NCHMA). She has been a speaker at national conferences of the American Institute of Architects; the American Planning Association; and the National Housing and Rehabilitation Association and an instructor for a continuing professional education course offered by the Pennsylvania Bar Institute. She is a past president and member of the Board of Trustees of the Easttown Library and Information Center. Ms. Beckett received a bachelor’s degree from Haverford College and a master of governmental administration degree from the Fels Center of the University of Pennsylvania.