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Tag: retired

Major Milestone for Northstar’s Longest Serving Employee, Lee Phelps Retires

Major Milestone for Northstar’s Longest Serving Employee, Lee Phelps Retires

Lee began working with Northstar’s leadership over 25 years ago and worked in the real estate industry spanning 7 decades. 

Continue reading Major Milestone for Northstar’s Longest Serving Employee, Lee Phelps Retires

Posted on July 18, 2022October 3, 2022Author Northstar AccountCategories News, real estate, retiredTags retired

Repositioning Real Estate Assets with Highest & Best Use Studies

July 2025

What is a Highest and Best Use Study? A Highest & Best Use (HBU) study is a structured analysis used to evaluate the most profitable use of a real estate asset based on its physical condition, location, regulatory environment, and market demand. These studies are particularly valuable when an existing asset is underperforming, vacant, or … Continue reading Repositioning Real Estate Assets with Highest & Best Use Studies


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