Services

Vacant Land:

Residential Development

Market studies and appraisals on large tracts of unimproved land slated for future residential development incorporating several valuation techniques, including land development models, net and gross sellout forecasts and relative pricing/absorption levels.

Industrial Development

Market studies and appraisals on large tracts of industrial land slated for future development as industrial parks

Commercial Development

Commercial real estate market analysis in specified areas determining potential for development and/or re-use with a strong emphasis on density, FAR calculations, end use, and trade area demographics

Mixed-Use Development

Analysis, market study and appraisal of large scale projects for development with commercial, residential, and industrial components

Senior & Assisted Living

Analysis, feasibility and demographic studies focusing on use, pricing & aging profiles

Office/Financial Buildings:

Multi-Tenanted Properties
Appraisal and market studies on existing or proposed office buildings in both suburban and central business district locations with a strong emphasis on labor & employment trends

Single-Tenanted Properties
Analysis and appraisals of office buildings occupied by a single tenant, owner-occupied and leased, in both suburban and central business district locations

Industrial Properties:

Flex Space
Market studies and appraisals on both new and existing flex properties giving consideration to specific design aspect of the space, its tenancy, rental potential & market position

Special Purpose Facilities
Analysis of market demand and appraisals of properties built for specific functions, such as truck terminals, distribution facilities, etc.

Warehouse/Industrial
Market studies and appraisals on warehouse properties, reflecting the importance of items such as access, ceiling heights, office ratio, functional utility and loading facilities

Distribution Facilities, Market Studies and Appraisals of large distribution facilities (FedEx,USPS, etc.)

Residential Properties:

Rental Apartment Buildings
Appraisals and market studies on existing rental apartment buildings, reflecting the impact, when applicable, on value of rent control laws, tax abatements, unit sizes, location and tenant turnover, excess development rights, etc.

Cooperative Buildings
Analysis and appraisals of cooperatively-owned apartment buildings to establish value for financing purposes, gross sellout analysis, rental fallback and rental vs. maintenance fee cash flow

Condominium Apartments
Analysis of market demand and appraisals of individually owned condominium apartments from  development to gross sellout, including net bulk value and rental fallback

Conversion of Rental Buildings
Market studies and appraisals of rental apartment buildings determining feasibility of conversion to cooperative or condominium ownership

Mitchell Lama & Section 8
Market studies and appraisals focusing on existing use, contract covenants and/or market rental conversion potential

Mixed-Use Properties:

Office and Hotel Property
Market study, analysis and valuation of existing office and hotel developments in both suburban and central business district locations

Office and Retail Property
Market study, analysis and valuation of existing office and retail property, reflecting on the potential impact on value of the mixed-use aspect of the project, tenancy mix, and prospective turnover risk/benefits

Retail & Residential
Analysis of market demand and appraisals of existing retail and residential property and their respective allocation of revenues and tenancies

Retail Properties:

Community & Neighborhood Centers
Analysis of market demand, trade area characteristics, tenant mix and valuation of existing or proposed retail centers

Credit Tenancy
Analysis of specific credit tenancy, rating and valuation with a strong emphasis on rate selection and market pricing

Market Studies:

Residential Property
Market study and analysis of demand for proposed mid to high-rise apartment buildings as a rental property or condominium project. Market study and analysis of market demand for proposed development of single-family houses or condominium, rental fallback criteria, age restricted housing studies and demand absorption analysis, etc.

Mixed-Use Property
Market study and analysis of demand for a proposed high-rise office building and hotel

Industrial Property
Market study and analysis of market demand for a proposed industrial development or flex space conversion

Special-Use Property
Analysis of market demand for an existing mixed-use marina/residential development

Private Day Schools / Camps
In depth analysis of school and camp enrollments, market abstracted indices, including GIM's and overall cap rates; Alternative use analysis in conjunction with value in use and enterprise value.
 

Specialized Projects:

 Portfolio Valuation
Appraisal of a real estate investment portfolio containing multiple properties

Investment Analyses
Analysis of potential real estate investments, reflecting return requirements, risk analysis, overall feasibility

Alternative Use Analyses
Analysis of existing property improvements for financially feasible alternative uses after considering cost of conversion, risk, zoning impact, etc

Valuation Review
Valuation procedures and techniques employed in real estate appraisal reviews, including field inspection of subject and comparable properties typically prepared for major lending institutions, law firms and litigation support

Special-Use Property
Value-in-use analysis of special use properties, including hotels, churches, marinas, nursing homes, assisted living, movie theaters, car washes, gasoline service stations, car dealerships, farms, schools, and camps etc.

Partial Interest
Valuation of partial equity interest in real estate property reflecting the value impact created by the partitioning of the equity or ownership interest

Estate Valuations
Valuation for estate or gift tax planning, IRS submission and estate tax purposes, qualified trust, etc.

Tax Certiorari
Valuation and consulting analysis specifically oriented to assessment appeals, negotiation and litigation support and testimony

Condemnation Analysis
Valuation and consulting analysis specifically oriented to full or partial takings, direct and consequential damages, litigation support and testimony

Litigation Support
Appraisal/consulting services and assistance in examination of witnesses, as well as expert witness testimony and arbitration support

Mark-to-Market Studies
Appraisal/consulting services for various governmental agencies and private clients in establishing current mark-to-market rent levels on Section 8 projects, NYC Housing, GSA, USPS, etc., on apartments, office and retail properties.

Insurable Value
Performed on Residential and Commericial properties in compliance with the FEMA requirements and lending guidelines.  

Buy/Sell Studies

Financing Support

Leasehold and Ground Lease Analysis
Valuation analysis focuses on the specific interest being appraised, any applicable leasehold advantage, structure of leasehold/ground lease and remaining term, and discussion of various risk elements and rates of return as applied to each interest.

Excel/Argus
Detailed DCF analysis and sensitivity studies prepared under an array of valuation assumptions and market indices utilizing MicroSoft Excel or the most recent version of Argus

 

Specific Services

  • Real Estate Appraising
  • Lease & Leasehold Analyses
  • Mark-to-Market Surveys
  • Market Studies
  • Project Feasibility
  • Real Estate Investment Counseling
  • Workout Solutions
  • Appraisal Reviews
  • Depreciation and Estate Allocations
  • Eminent Domain Valuations
  • Ad Valorem Property Tax Services and Proceedings
  • Estate Tax Planning
  • Institutional Investment Portfolio Analysis
  • Highest and Best Use Studies
  • Cash Flow Analysis
  • Historic Property Evaluations
  • Expert Testimony
  • Project Planning
  • Ownership Structuring

Financial Services

  • Corporate Real Estate Counseling
  • Dispositions
  • Acquisitions
  • Financial Services
  • Leasing Consultation and Negotiation
  • Commercial Rent and Occupancy Studies
  • Property Marketing Programs
  • Site Selection, Assemblage and Negotiation
  • Problem Loan and Property Workouts