BOWEN
NATIONAL
RESEARCH
Trusted Service, National Experience

National Experience

We offer national real estate research experience ranging from site-specific developments to citywide and statewide housing needs assessments.

Market Feasibility Studies

Housing Needs
Assessments

Research
Tools

About Us

Bowen National Research conducts real estate market analysis on a variety of housing and commercial development alternatives throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam. Ranging from site-specific market feasibility studies to community-wide needs assessments, our firm is experienced in working in both rural and urban markets. With a national apartment database of nearly 100,000 properties, state-of-the-art geospatial capabilities, and comprehensive demographic and economic data, our firm is positioned to help others make well-informed and data-driven strategic decisions.

Where We Began

Patrick Bowen is the founder and President of Bowen National Research.  In 2010, after 14 years in the real estate research industry, Bowen and eight other individuals who were emboldened with a common purpose launched Bowen National Research.  Today, the firm is a nationally recognized organization with dozens of highly skilled and experienced real estate researchers and analysts.   Affordable housing is personal to Bowen. Many years ago, he secured affordable housing to start life with his young family.  It set him on a course to become a principal advocate in the housing industry as the owner of one of the nation’s leading real estate research and analysis firms.   He understands the important role that safe and affordable housing played in his own life and has committed himself and the efforts of his staff to providing essential market research that helps secure affordable housing for others.

Where We've Been

Over 470,000 Miles

Whether traveling by road or by air, this is equivalent to a trip to the moon and back.

Over 1,787 Cities

We've visited many diverse communities across the country, and we look forward to where you may send us next!

Over 95,000 Properties

Our extensive rental housing database includes subsidized, affordable, and market-rate projects.

Our Process

Our comprehensive approach includes an analysis that begins with in-house and field research of the market, as well as the development alternatives we are studying. This includes the analysis of detailed economic and demographic data, which incorporates state-of-the-art geographic information.

How We Make It Happen

We are an active member of the National Council of Housing Market Analysts (NCHMA), ensuring that our studies meet the market analysis industry’s highest standards.

Our comprehensive approach includes:

  • In-house and field research of the market
  • Development alternatives and additional factors
  • Analysis of detailed economic and demographic data
  • State-of-the-art geographic information systems that provide useful geographically referenced information
  • Macro-level analysis of market conditions
  • Site or product-specific market characteristics that can impact potential development

What's In A Study

We provide several different studies to accommodate needs in a variety of fields and specializations. We have four standard types of studies listed below and details regarding contents and typical time frames for each. You can also view our Market Studies Components and Process slideshow that delves into what we put in our studies.

Level of Housing Study

Component

Capture Rate

Snapshot

Preliminary Study

Full Study

Primary Market Area
Demographics
Economic Overview
On-Site Analysis
Supply Survey
Capture Rate (Demand)
Absorption Projections
Recommendations & Conclusions *
Typical Time to Complete
1-2 Weeks
2-3 Weeks
3-4 Weeks
4-5 Weeks

*Written to comply with guidelines set by the state finance agency, HUD, lender, etc.

Trusted Service

Our firm has provided studies for the housing needs of farmworkers, Native Americans, disabled populations, homeless, energy extraction employees, seniors, and more for over 10 years.

Our Goal

We strive to provide comprehensive, accurate, and informative real estate assessments that enable leaders in both the public and private sectors to make data-driven strategic decisions.  The Bowen staff has more than 100 years of combined experience in real estate research and analysis. We’ve conducted more than 5,000 market studies throughout the United States, serving more than 1,700 communities. We value the opportunity to work with developers, community leaders, and investors and we understand the importance of developing lasting relationships.  Collaborating with industry professionals continues to deepen our understanding of their needs and the needs of the housing industry as a whole.

Affiliations and Strategic Partners

Testimonials

"Developing a $10 million apartment community is a lot of work. We sleep better at night knowing we're relying on the expert market analysis provided by Bowen National Research. They always provide high quality work and analysis, and are experts in tax-credit as well as market-rate housing."
~ Tim Bete ~President; St. Mary Development Corporation
“Bowen National Research has been a critical partner to our efforts in West Michigan as we work to provide housing choice across all price points. With clear and detailed reports, backed by Patrick and his team's expertise, we have been able to share insights about the shifting nature of our local and regional housing market and crafted strategies to address housing needs while pursuing equitable outcomes across the region. Having clear data is critical to good decision making. If we don't understand the problem, crafting a realistic solution gets ever more difficult. Bowen's team makes understanding the problem much easier so we can focus our effort on building support for solutions.”
~ Ryan Kilpatrick ~Executive Director; HOUSING NEXT
“We have been using Bowen National Research for market studies and market snapshots for many years and find them a valuable source to assess market potential and meet state agency requirements. They are very dependable and we highly recommend their services."
~ Gary Hammond ~Principal; Landbridge Development, LLC
"Bowen National Research worked closely with the City of Morgantown to prepare and deliver a robust housing needs assessment supported by complete, reliable, relevant, and timely data. Patrick Bowen and his team have an extensive breadth of knowledge of and authentic capacity in housing dynamics across all segments. Bowen National Research delivers high quality professional analysis, customer service, and presentation and has my unqualified recommendation for local and regional housing exploration and evaluation projects"
~ Christopher M. Fletcher, AICP ~Director of Development Services; City of Morgantown, WV
“Bowen National Research is one of our favored market analysts when we need professional, prompt, and insightful analysis of development opportunities and markets. As a firm that develops real estate in over 15 states, we appreciate and rely on Bowen’s national reputation and knowledge that is matched by very few.”
~ MVAH Partners ~
“The City of Bowling Green partnered with Bowen National Research to complete a county-wide housing needs assessment. Bowen National Research provided professional high quality research and gave the entire community the tools and resources to make smart decisions about how we invest in housing moving forward. The assessment is used by City and County staff as well as planners, investors, bankers, developers and many other groups interested in the future growth of Bowling Green. This information would not have been possible without the timely and accurate research and reporting completed by Bowen National Research.”
~ Mr. Brent Childers ~NCS Director; City of Bowling Green, KY
“It is pleasure to work with Bowen National Research…the market studies are insightful, accurate and conform to the various state allocating agency requirements. Of greater note, the team at Bowen consistently meets deadlines in a professional manner and without excuses. I look forward to working with the Bowen team on future projects.”
~ Timothy M. Morgan ~President; Jonesboro Investments Corp.
"Krimson is an owner-operator of multifamily communities. We buy existing communities and develop and build new communities. Our relationship with Patrick Bowen and his team at Bowen National Research is one of respect and trust. Since our first engagement with Patrick we haven’t considered acquiring a property without engaging him and his team. They are responsive, meet their deadlines, and have always provided us with the necessary knowledge and guidance in making the right decisions. Bowen National Research has been an essential partner to our success."
~ Steve Calverley ~CEO – Member; Krimson
"We have used Bowen National Research for years and they have provided us with all the information to determine whether a senior assisted living facility is needed in any designated community. We are now developing our 30th project in Ohio. Patrick and his associates are a very important element of our success and marketing team!"
~ Bev Donaldson RNC ~Inns Management Group; President
Previous
Next

Webmaster: adamb@bowennational.com

Facebook Linkedin

© All Rights Reserved 2023