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Bradley M. Wirth, MAI, Vice President and Manager "GWI Partnership recently secured land for the construction of a golf course in the Austin, Texas market. The market professionals at Joseph A. Dengel & Company confirmed our belief that the parcel was suitable for golf course development by providing a detailed feasibility study. Then, when it came time to secure financing, Joseph A. Dengel & Company completed an appraisal report for the proposed golf facility in a timely manner, which allowed us to receive our funding when we needed it. I would definitely recommend the market professionals of Joseph A. Dengel & Company to other developers/investors and am looking forward to using the firm for our next golf course project." Mike Prince, President "Joseph A. Dengel & Company provided property tax consulting services on our 36-hole, member-owned, private country club located in Austin, Texas. Their assignment included a review of the club’s property tax statements and related tax assessments, participation at informal meetings with the assessor, plus a detailed presentation at the formal hearing before an Appraisal Review Board on our behalf. As a result, Mr. Dengel’s company was able to produce a 40% tax savings to our club for the tax year. Joseph A. Dengel & Company has an expansive knowledge of the golf market and a thorough understanding of the position of the private club market, particularly in dealing and communicating with tax assessors." Josh Mowell, Controller "As the managing partner of a portfolio of high-end, daily fee golf clubs in Texas, I was concerned about our excessive property tax burden. I hired Joseph A. Dengel & Company to assist me in the tax appeal process. Mr. Dengel was able to successfully reduce the assessments on each of our golf clubs which resulted in substantial tax savings and an increased "bottom line" for our operations. I would strongly recommend the professionals of Joseph A. Dengel & Company to other golf club owners and managers." David Harden,
Partner "Recently, my financial institution had a need for a valuation of a private country club located in Arlington, Texas. The appraisal was to be used for loan underwriting for a major expansion and renovation of the club. The market professionals of Joseph A. Dengel & Company provided a very timely and detailed analysis that resulted in a reliable value opinion for the project. The appraisal report was instrumental in generating a new mortgage loan by our bank for this golf facility. I would strongly urge other golf course lenders and investors to use the market professionals of Joseph A. Dengel & Company before making any major underwriting or golf investment decisions." David Moore, Vice President "Joseph A. Dengel & Company has provided a variety of services for our company including golf course market studies and valuations. In a recent assignment, the firm prepared an appraisal on a proposed public facility that we were contemplating near Fayetteville, Arkansas. The completed appraisal report was not only useful in obtaining financing for the development but enabled us to properly price our golf project in the competitive market. We will certainly use Joseph A. Dengel & Company in our next golf course endeavor and would recommend the firm to other golf course builders or owners who are considering development or new acquisitions." Troy Coats, Development Coordinator "I was very pleased with the professional brokerage services provided by Joseph A. Dengel and William H. Hale in the sale of Bentwood Country Club and related real estate assets located in San Angelo, Texas. Joe and Bill are the consummate professionals. Their experience in marketing, negotiating and closing the transaction enabled us to transfer our golf development to a highly qualified buyer at a fair price." Lee Sanders, Trustee
Joseph A. Dengel & Company |