Meet the Principals
Unlike most of our competitors, GCG makes a commitment to each client that a principal of the firm will be actively involved in all aspects of a project, from inception to completion. This approach to project management has been extremely well-received by our clients. We are proud of the long-term relationships we develop with our clients and the fact that most of our projects are the result of repeat or word-of-mouth business.
Ms. Susan Goodwin
Managing Principal
Susan Goodwin has an extensive background in public finance and real estate economics, having managed the planning and implementation of hundreds of districts and programs that generate funding for public infrastructure and services. She is experienced in the preparation of comprehensive public facilities financing plans, impact fee justification studies, market studies, tax increment projections, and fiscal impact reports for both public and private sector clients. Susan has also worked with numerous public agencies to develop and implement fee credit and reimbursement programs that ensure equity is achieved among landowners within large master-planned communities.
Susan has specialized experience in the preparation of special tax formulas, methods of apportionment, and disclosure documents for Mello-Roos Community Facilities Districts (CFD). She has been involved in bond issuances that have funded billions of dollars of public infrastructure. Susan worked directly with Senator Henry Mello to amend language in proposed Mello-Roos clean-up legislation that would have considerably reduced the flexibility provided in the law relative to allocating special taxes among properties in a CFD. She has also contributed input and ideas to several subsequent Mello-Roos clean-up bills.
Susan was actively involved in the formation and administration of several of California's first Property Assessed Clean Energy (PACE) programs, using the Mello-Roos law with charter cities and contractual assessment law with general law cities and counties. She has also developed complex and creative funding solutions for several of the largest base reuse projects in California.
Susan is a frequent speaker and panelist at Mello-Roos courses and seminars sponsored by the UC Davis and UCLA Extension programs, California Debt and Investment Advisory Commission, League of California Cities, American Planning Association, and Coalition for Adequate School Housing. She has also served as a guest lecturer at UC Berkeley and UC Davis. Susan has prepared, participated in, and instructed programs about the Mello-Roos Community Facilities Act, the financial aspects of planning, options for funding public infrastructure and services, fiscal and economic analysis, and new town development.
Susan has a B.S. in Business Administration from the University of Southern California.
Mr. David Freudenberger
Principal
Dave Freudenberger offers comprehensive experience in public finance, fiscal impact analysis, and economic and market feasibility. He has managed hundreds of studies for small, single-use developments and large, master-planned communities, ranging from dense urban spaces to expansive undeveloped areas. Dave brings nearly two decades of preparing public infrastructure funding strategies, fiscal and economic impact studies, market absorption studies, pro forma cash flow analyses, tax increment projections and redevelopment feasibility studies, and jobs/housing and affordable housing programs. He also has expertise in valuing real estate portfolios, restructuring the financial elements of real estate deals, and assessing ground lease and related development proposals for residential, non-residential, and institutional land uses.
Dave has directed the evaluation, preparation, and implementation of land-secured financing districts and public facilities financing plans designed to fund billions of dollars of infrastructure throughout California, Hawaii, and Nevada. He has also supervised the formation of hundreds of CFDs, having developed complex cash flow models and special tax formulas that determine the capacity, structure, and timing of land-secured debt financing programs and ongoing municipal services programs.
Dave has been a conference panelist and speaker on public financing topics for the League of California Cities, multiple California chapters of the American Public Works Association, the California Redevelopment Association, the Hawaii Municipal Attorneys Conference, the Hawaii Congress of Planning Officials, and the Hawaii Leeward Planning Conference, as well as a guest lecturer at both UC Berkeley and UC Davis.
Dave earned a B.S. in Industrial Engineering from Stanford University and an M.B.A. from the University of California at Los Angeles.
Mr. Victor Irzyk
Principal
Victor Irzyk has extensive experience in municipal finance and has applied his knowledge to develop complex cashflow models that evaluate the one-time and annual financial impacts associated with new development projects, redevelopment areas, annexations, incorporations, and consolidations. He has prepared numerous economic and fiscal impact studies that project the revenues, expenses, population growth, and job creation impacts from new development projects. Victor has also worked on many land-secured financings that involved multiple bond issues, escalating debt service, and backup tax and prepayment formulas, and he has worked with public agencies to implement CFDs that provide funding for capital improvements and/or municipal services.
Victor has considerable experience developing AB 1600 impact fee programs and has applied his knowledge to establish programs that are not only consistent with the law but also consider other important factors, such as marketability and competitiveness with other local jurisdictions. He has structured many comprehensive impact fee programs that incorporate multiple fee zones, distinct infill fees, alternate funding sources, and detailed fee credit and reimbursement methodologies. Victor has a keen understanding of the nexus provisions established in the Mitigation Fee Act and is well versed in federal and state case law as it relates to development impact fees.
Victor manages GCG’s CFD administration department and is responsible for the calculation and submittal of special tax levies for CFDs throughout the State. As part of the annual CFD administration services, he oversees the preparation and dissemination of SEC-required continuing disclosure reports to the municipal bond market, arbitrage rebate and yield reduction calculations for tax-exempt bond issues, annual reporting to the California Debt and Investment Advisory Commission, bond payoff calculations for property owners, inquiries from taxpayers, and tax delinquency monitoring and foreclosure assistance.
Victor has a B.S. in Mathematics from the University of Illinois-Chicago and an M.B.A. from the University of Southern California.
