What We Do (About Us)
Consulting
We have many years of historic property development. Hire us to consult on every part of developing your historic property. We can travel to you anywhere, meet with your team and all interested parties, and offer real life experience. We will negotiate with municipalities, accountants, lawyers, community groups, other equity partners, banks and historic tax credit providers. We will do this in confidence when required.
Partner With Us
If the situation works for all parties, we will participate as equity partners or as "sweat equity partners," or a combination of both. Again we bring a wealth of experience and a "Rolodex full" of qualified architects, engineers and specialty contractors and sub contractors. (For those who need to know what a Rolodex is, Google it!) Legal entity creation is one of our specialties. Should we continue as a for profit, not for profit or a hybrid of both? We are happy to work with your lawyers and accountants. Some historic properties cannot be saved efficiently. If not a hotel, warehouse, office building, factory, civic auditorium, or theatre, can some parts of great buildings be saved or utilized to create a restaurant, bar, condominiums, apartments or other facility that will maintain some historic character? GVI rarely takes on a project that will not maintain the historical accuracy of some part of the property.
Sell Your Property to Us
Perhaps you have done your time and you need to move on. We will consider stepping in and taking over the project. On occasion the former owner may remain in some equity or employment position. Everything may be discussed in a logical and professional and when required, a confidential manner.
The Complete List of Our Services
- Restoration
- Renovation
- One time or Ongoing Consulting
- Listing on the National Register of Historic Places.**
- Arts Assessment
- Programing
- Theater Operations
- Business Development
- Fundraising
- Legal Structures / Formations
- Specific Products and Services
GVI can serve as developer, project manager, or restoration consultant on any size historical property worldwide. Period. We will travel anywhere in the world to insure the success of a project. Through its network of hundreds of consulting architects, engineers, artisans, stage consultants, restoration experts, electricians, carpenters, plumbers, HVAC companies, plasterers, and painters, GVI can be your, “one stop shop!” An essential part of our business is to employ local sub contractors, minorities, students, and as many local craftsmen and volunteers as possible. Insurance issues are of paramount concern when volunteers are involved.
Federal and State Historic Tax Credits **
Our company uses the Federal and where applicable the State historic tax credits as a valuable funding source. IT IS RARE THAT WE WILL DEVELOP A PROPERTY THAT IS NOT LISTED. If feasible, we can help get it listed!.The National Register of Historic Places is the official list of the Nation's historic places worthy of preservation. Authorized by the National Historic Preservation Act of 1966, the National Park Service's National Register of Historic Places is part of a national program to coordinate and support public and private efforts to identify, evaluate, and protect America's historic and archeological resources. A 20% income tax credit is available for the rehabilitation of historic buildings that are determined by the Secretary of the Interior, through the National Park Service, to be “certified historic structures.” The buildings must be considered depreciable under the Internal Revenue Code, such as in a business, commercial, or other income-producing use. The State Historic Preservation Offices and the National Park Service review the rehabilitation work to ensure that it complies with the Secretary’s Standards for Rehabilitation. The Internal Revenue Service defines qualified rehabilitation expenses on which the credit may be taken. Owner-occupied residential properties do not qualify for the federal rehabilitation tax credit.