Author: Ronald


Industrial Markets During Covid 19

Over the past 10 years e-commerce has taken an ever-growing share of the retail market.  The trend accelerated during the pandemic, as depicted by the US Census Bureau in the chart below: At the beginning of the pandemic economic activity across many real estate classes initially slowed to a crawl.  As e-commerce quickly increased by necessity due to pandemic restrictions, brick and mortar retail took a hit while demand for industrial space, especially for facilities […]

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Thoughts on Valuation During a Pandemic

With the emergence of the Covid 19 pandemic in the first quarter of 2020, dramatic impacts on the economy and real estate markets have occurred.  Users of real estate valuation services need to feel confident in the firms they choose to appraise their properties.  We, at Comprehensive Appraisal Corp., have been valuing properties for 30 years, through booms and busts.   In late 2019 the world first became aware of the emergence of Covid 19.  On […]

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Real Estate Appraisal in thin markets

Sometimes we are asked to appraise properties in markets where true comparables are scarce. In such situations it is important to have selected an appraisal firm who will go beyond the normal call of duty to get to value. There are any number of reasons why comparables may not exist in the subject neighborhood or region. The property may be unique for the area, or development may be sparse. Perhaps the market has softened and […]

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Information to Provide the Appraiser of an Investment Property

The following information will be helpful to your commercial real estate appraiser when appraising investment properties: 1) Market position: Point out to the appraiser what niche your feel that your property fills, and which properties provide the most direct competition. What advantages does the subject property have over others? 2) Leases. Provide the original and all amended leases and renewals so that the full agreements can be reviewed. Are all of the tenancies arms length? […]

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