Valuation and Appraisal Services
Market studies and appraisals on large tracts of unimproved land slated for future residential, condominium, and/or multi family development incorporating several valuation techniques, including land development models, net and gross sellout forecasts and relative pricing/absorption levels.
Market studies and appraisals on large tracts of industrial land slated for future development as industrial parks
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
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
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
Analysis and appraisals of office buildings occupied by a single tenant, owner-occupied and leased, in both suburban and central business district locations
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
Market studies and appraisals on warehouse properties, reflecting the importance of items such as access, ceiling heights, office ratio, functional utility and loading facilities
Special Purpose Facilities
Analysis and valuation of special purpose properties focusing on their specialized use and market concentration under various valuation approaches applicable to the specific asset under appraisal.
Distribution Facilities, Market Studies and Appraisals of large distribution facilities (FedEx,USPS, etc.)
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 and exemptions, unit sizes, location and tenant turnover, excess development rights, etc.
Analysis and appraisals of cooperatively-owned apartment buildings to establish value for financing purposes, gross and net sellout analyses, rental fallback, and rental vs. maintenance fee cash flow
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, mark-to-market rental studies under HUD guidelines.
Office and Hotel Property
Market study, analysis and valuation of existing office and hotel developments in both suburban and central business district locations
Retail & Residential
Analysis of market demand and appraisals of existing retail and residential property and their respective allocation of revenues and occupancy
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, tenant mix, and prospective turnover risk/benefits
Community & Neighborhood Centers
Analysis of market and consumer demand, trade area characteristics, tenant mix and valuation of existing or proposed retail centers
Analysis of specific credit tenancy, rating and valuation with a strong emphasis on rate selection and market pricing
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 homes and condominium housing studies, rental fallback criteria, age restricted housing studies, gross and net sellout models, and demand absorption analysis, etc.
Private Day Schools / Camps
In depth analysis of school and camp enrollments, market extracted indices, including GIM's and overall cap rates; alternative use analysis in conjunction with value in use and enterprise value.
Market study and analysis of market demand for a proposed industrial development or flex space conversion
Analysis of market demand for an existing mixed-use marina/residential development, cell towers, contaminated property, gasoline service stations, houses of worship, schools, day camps, catering halls, conservation and agricultural easements, etc.
Analysis, market studies and appraisals of large scale planned projects for commercial, residential, industrial and office developments
Appraisal of a real estate investment portfolio containing multiple properties
Analysis of potential real estate investments, reflecting return requirements, risk analysis, overall feasibility
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, camps, banquet and catering facilities.
Trust and Estate
Capability to complete large portfolio assignments throughout the country through our Appraisal Institute affiliation.
Eminent Domain Analysis
Valuation and consulting analysis specifically oriented to full or partial takings, direct and consequential damages, litigation support and testimony
Mark-to-Market Rental 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.
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.
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
Valuation of partial equity interest in real estate property reflecting the value impact created by the partitioning of the equity or ownership interest
Valuation and consulting analysis specifically oriented to assessment appeals, negotiation and litigation support and testimony
Appraisal/consulting services and assistance in examination of witnesses, as well as expert witness testimony and arbitration support
Performed on Residential and Commericial properties in compliance with the FEMA requirements and lending guidelines.
Excel or Argus
Detailed DCF analysis and sensitivity studies prepared under an array of valuation assumptions and market indices utilizing MicroSoft Excel or Argus