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COVID-19 and Commercial Real Estate
There's not a lot of information out there on commercial real estate transactions in Las Vegas, NV as of the 1st week in May but the few commercial sales that were transacted in March and April of 2020 appeared typical of January and February of 2020. Continue reading →
Appraisers Working with Attorneys
Attorneys generally don’t want to hear an appraiser’s thoughts about their case. Even if an appraiser’s planned conversation is about their appraisal report or about the valuation completed by the opposing appraiser they may not answer your phone call. Unless an attorney has a deposition of the opposing appraiser scheduled in the near future they often don’t want to hear what you have to say. If that deposition of the opposing appraiser is looming they may decide in a panic that they want you to become an advocate for them when you thought you had been hired as an independent appraiser. “Ye Continue reading →
Using Excel for Appraisal Graphs
If you are willing to take the time to work with Excel you will find that the program offers a number of options that will provide great analytics and professional-looking chart result. The program is well-suited to real property since you can keep data on a single property in rows or in columns. Continue reading →
Fast Food Restaurant Appraisals - Cap Rates
Even considering the capitalization rate to be applied to the cash flow derived from a fast food restaurant is complex. This short article discusses some of the considerations made by appraisers when they analyzed lease terms that relate to a fast food restaurant. The article is not meant to provide a complete analytic picture but it does give those who going down this road some idea of what factors are considered. Establishing a capitalization rate for a fast food restaurant is an important appraisal element, and one of several consideration when analyzing value Continue reading →
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Appraisers Working with Attorneys
Attorneys generally don’t want to hear an appraiser’s thoughts about their case. Even if an appraiser’s planned conversation is about their...
Using Excel for Appraisal Graphs
If you are willing to take the time to work with Excel you will find that the program offers a number of options that will provide great analytics...
Do Marijiuana Laws Affect Real Property Values?
Being told by market participants that they were influenced by the changing marijuana law in Nevada caught me off guard. It never occurred to me...