BTG Advisors

Churches and Non-Profit Project Gallery First United Methodist Church - Los Angeles, California BTG is advising First United Methodist Church on its developer-partner selection to develop 25,000 square feet of vacant land currently used as a parking lot located near L.A. Live (Staples Center, Nokia Theatre) in Downtown Los Angeles. The Church's goal is to build state-of-the-art facilities including a sanctuary, offices, a "sky chapel," and parking. In exchange for the lease of their land, the developer will build a neighboring project compatible with the Church, which the Church will ultimately own upon expiration of the ground lease. Services provided for this project: ● Strategic analysis of the Church site and assistance with programming of the Church's future space ● Managed the Request for Proposals (RFP) process for the selection of a qualified developer-partner ● Acted as Church's owner representative in negotiations with the developer ● Will act as Construction Manager overseeing the construction and tenant improvements of Church space		Back To Churches / NPO Services Future Home of FUMC - Los Angeles, California
Immanuel Presbyterian Church - Los Angeles, California BTG is advising Immanuel Presbyterian Church on its developer-partner selection for the development of two parcels behind their Gothic church on Wilshire Boulevard in the Mid-Wilshire/Koreatown neighborhood of Los Angeles. The goal of this project is to create an income stream allowing Immanuel to maintain the existing 42,000 square foot church, furthering their community outreach programs and fulfilling the needs of their diverse congregation. To meet these goals, the developer will build a 76-unit affordable family housing complex. The Church will retain ownership of the land through use of a ground lease and will ultimately own all of the developed improvements at the end of the lease. Services provided for this project: ● Contracted and worked with the surveyor and architect to assist in developing viable ideas of what could be developed on the property ● Conducted market and feasibility analyses for the two parcels ● Managed the Request For Proposals (RFP) process for the selection of a qualified developer-partner ● Helped select a developer who would make an up front cash payment and monthly payments in accordance with the terms of the ground lease		Immanuel Presbyterian Church - Los Angeles, California
Church of the Nazarene - Westchester, California BTG advised the Church of the Nazarene on the optimum use for a site which they own in Westchester. The site currently holds an underutilized wood frame and stucco church (attended by only twelve congregants) and an adjoining triplex, both in need of significant repair. Rather than simply sell the land to an investor or developer, the Church is looking to BTG to help maximize the value of this property. BTG conducted a feasibility study of the property's development potential by analyzing the zoning, location (proximity to area amenities such as restaurants, shopping, transportation, and beach recreation) and potential market demand. BTG determined that a condominium development is the highest and best use for this site. Services provided for this project: ● Contracted and worked with the surveyor and architect to develop concepts of how the property would best be utilized ● Conducted market and feasibility analyses for the site ● Created a timeline and budget for the development of condominiums on the site ● Determined procedures, costs and timeline associated with filing a tract map for the project ● Conducted comparative cash flow analysis for potential for-sale condominiums and for-rent apartments		Church of the Nazarene - Westchester, California
Wilshire Christian Church - Los Angeles, California BTG is currently advising Wilshire Christian Church on the selection of a qualified developer-partner to develop property it owns on Normandie Avenue in the Mid-Wilshire/Koreatown neighborhood of Los Angeles. The goal of the project is to provide income to the Church, as well as significant additional parking. The Church will maintain ownership of the property. The selected developer will make payments to the Church through a ground lease, enabling the Church to expand its mission and services to the community it serves. Services provided for this project: ● Contract and work with the surveyor and architect to assist the Church to develop concepts for development of their property ● Conduct market and feasibility analyses for the site ● Manage the Request For Proposals (RFP) process for the selection of a qualified developer-partner ● Act as Church's owner representative in negotiations with the developer		Wilshire Christian Church - Los Angeles, California
Non-Profit Organizations St. John's Health Center - Santa Monica, California St. John's Health Center created a new Master Development Plan calling for the construction of an additional 190,000 square foot patient facility and three-story, 216,000 square foot parking garage to be completed in 2008. St. John's also plans to build a light medical facility in Playa Vista, California. Services provided for this project: ● Assisted the CEO, bringing time and cost efficiency to the project ● Reorganized project team (architect, construction manager and St. John's employees) ● Terminated the contract with one of the two architectural firms working on the project, thus improving efficiency and eliminating redundancy and confusion over responsibility for various project components ● Terminated contract with existing Construction Manager and St. John's staff assigned to the project. Hired another Construction Manager, saving $2 million ● Set up an accounting system to monitor costs ● Established the budget and obtained a bid for the $20 million remodel		St. John's Health Center - Santa Monica, California
Childrens Hospital Los Angeles - Los Angeles, California The Childrens Hospital Los Angeles' new hospital building, with a 460,000 square foot, 280-bed capacity, opens in 2009. It will be the finest medical and surgical environment for severely ill and injured children anywhere in the United States. It will also surpass seismic performance standards to not only withstand a major earthquake, but be fully operational after a major seismic event to meet the 2030 standard mandated by California law. Services provided for this project: ● Updated CEO on progress of the project and made recommendations on how to complete the project in a timely and cost efficient manner ● Coordinated and managed several departments to make sure the new building would meet their current and future needs ● Prepared schedules and budgets ● Reported to building committee on budget and scheduling		Childrens Hospital Los Angeles - Los Angeles, Calif.
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