Category Archives: Appraisal Process

Real Estate Appraisal Scope of Work and The Appraiser’s Data Request

By James R. MacCrate, MAI, CRE, ASA Introduction The valuation of real property interests is an orderly process that has been developed over the years to produce credible results. This process defines the problem and the scope of work that … Continue reading

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New York City Real Estate Taxes & Forecasting Cash Flow

By James R. MacCrate, MAI, CRE, ASA  Introduction  The local real property tax burden in New York City has been increasing constantly and represents a large percentage of the operating expenses associated with apartment buildings, office properties and other commercial … Continue reading

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Cost of Capital: Applications and Examples, 4th Edition

Cost of Capital: Applications and Examples, 4th Edition I recommend this book for anyone involved in the valuation of business interests.  The following comments have been made by others.  Praise for Cost of Capital, Fourth Edition “This book is the … Continue reading

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Wall Street Has Not Learned

As a follow up to this blog post, Wall Street Has Not Learned The Lessons That Created FIRREA And The Debacle of the Seventies In Real Estate Lending and Investing!, three interesting articles seem to clearly indicate the trends will continue. … Continue reading

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MALLS, ANCHORS & CAPITALIZATION RATES: AN EXCELLENT QUESTION

By Maxwell O. Ramsland, Jr., MAI, CRE Ramsland & Vigen, Inc., 302 W. Superior Street, Duluth, MN 55802 E-mail: Maxrams@aol.com   Shannon M. Luepke Ramsland & Vigen, Inc., 302 W. Superior Street, Duluth, MN 55802 E-mail: Sluepke@ramslandvigen.com    Introduction Malls … Continue reading

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NY Court Allows Cuomo Suit Over Bogus Home Appraisals

“NEW YORK, June 8 (Reuters) – New York can proceed with a lawsuit accusing title insurer First American Corp of colluding with Washington Mutual Inc (WAMUQ.PK) to fraudulently inflate home values, a state appeals court unanimously ruled on Tuesday.” Read … Continue reading

Posted in Appraisal Process, Ethics, Real Estate Litigation Support, Residential Properties, Residential Valuation, Uniform Standards of Professional Appraisal Practice | Tagged ,

The Valuation of Leasehold Interests

By James R. MacCrate, MAI, CRE, ASA Overview The leasehold estate is the interest which a tenant or lessee acquires under a lease including rights of use and occupancy for a stated term under certain conditions (e.g., the payment of … Continue reading

Posted in Appraisal Process, Leased Fee, Leasehold Interests, Property Rights, Retail Stores | Tagged , , , , | 11 Comments