Investing in real property can be one of the most secure and lucrative investments available.  Let our expertise assist you in your decision making process in regards to your rental agreements, buy/sell decisions, asset valuations, tax liability reductions, insurable values, purchase price allocations, capital expenditures, and asset estimations of write-down values for demolition.

For institution investors, public companies, and REITs, we can provide appraisal reports fulfilling your financial reporting needs. Additionally, our cost segregation studies can significantly reduce overall taxable income and therefore your distribution requirements, ultimately retaining additional cash flow for additional investing.

appraisals

There are many reasons to order appraisals:

• Financing
• Financial Reporting
• Purchase Price Allocation
• Land Valuation
• Buy/Sell Decisions
• Estate Planning
• Just Compensation for Condemnation
• Property Tax Challenges
• Establishing Replacement Costs

CONSULTING

We provide consulting services, when a full appraisal simply isn't required. Consulting services are not limited to, but include initial scoping of work before an appraisal is needed, market research for potential developments, comparable sale information, and market rent information. 

Our services have also been used as a mediator between parties disagreeing about contractual agreements which pertain to real estate and leases.

market research

We can aggregate and evaluate the competitive marketplaces based on locations and market areas. We can analyze and illustrate trends and forecasts of rent, vacancy and inventory for different market sectors.

PROPERTY TAX APPRAISALS

States and government tax agencies have differing tax codes depending on your location. Oftentimes, local assessors provide property values without adequate property inspections and use "mass" appraisal techniques, which can lead to incorrect property values and potentially increasing your tax burden. We can provide appraisals to challenge your market value of your real property, as required by assessors.

Cost segregation

Cost Segregation is the process of identifying qualifying personal property assets that are physically part of real property assets. These personal property assets have a shorter tax-life and breaking them out allows for accelerated depreciation and increased tax savings. The IRS allows for components of buildings used for business purposes to be depreciated at the same rate as equipment used in the business. For example, the electric wiring for telephone systems can be depreciated at a similar rate as the phones themselves.

Typically, a return on the cost of a Cost Segregation study is around 200% for large buildings, but varies greatly depending on the type of building. Based on our interdisciplinary pedigree, we are able to apply the engineering approach and allocate purchase price to building components of existing buildings, as well new construction. Furthermore, as licensed appraisers we can complete a full purchase price allocation and value the land under existing buildings.

Additionally, our cost segregation studies break down buildings on a tenant or space basis. For example, if you have an office building with several tenants, our reports will allocate to each tenant space, so in the future, when a space will need to be turned over, you will have build-out values to write off.

ESTIMATES of asset disposition

We provide estimates of asset values prior to demolition, so that you can write down any remaining value in the building components which will be removed. This value is often overlooked, as calculating these values can be difficult without proper experience.

insurable values

Insurable values of highly-specialized properties can be extremely difficult to estimate for the average insurance broker, agent or provider. Based on our knowledge of buildings systems and components, we can provide specialized replacement or reproduction costs of complicated building types. Our methodology breaks down buildings into this structural components and its interior build-outs to accurately estimate costs.

CONDITION & CAPITAL EXPENDITURE STUDIES

Based on our interdisciplinary background, we are able to evaluate physical conditions of real property and estimate replacement costs and forecast future capital expenditures of real property.

reserve requirement studies

We can provide reserve requirement studies which are required by condominium associations. These reports are similar to capital expenditures studies.

APPRAISAL REVIEW

We can review the opinions of other appraisals and recommend if any further work is required, or if another appraisal should be ordered to refute any value opinions we feel may be incorrect.