Category Archives: Discount Rates

Rates of Return on Office Buildings in Manhattan vs Other CBDs

By James R. MacCrate, MAI, CRE, ASA  Introduction No one can deny that Manhattan is an interesting city that attracts real estate investors from all over the world. Properties in Manhattan command higher prices per square foot and lower capitalization … 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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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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Hints to Determine Accurate Capitalization Rates

By James R. MacCrate, MAI, CRE, ASA The Joint Economic Committee Hearing in Congress on Commercial Real Estate: Do Rising Defaults Pose A Systemic Threat?  heard testimony that lack of credit has negatively affected the number of real estate transactions … Continue reading

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Investor Surveys & Weaknesses

Investor Surveys & Weaknesses By James R. MacCrate, MAI, CRE, ASA – MacCrate Associates LLC Analyzing actual property transactions should provide the basis for discount rates and capitalization rates selected by real estate appraisers but this information is often difficult … Continue reading

Posted in Capitalization Rates, Discount Rates, Real Estate Investments, Real Estate Litigation Support, Real Estate Valuation Methodology, Real Property Tax Assessments | Tagged , , , | 4 Comments

Is The Stock Market Providing A Warning Sign To The Private Commercial Real Estate Market Or Is The Reverse True?

By James R. MacCrate, MAI, CRE, ASA    Real Estate Stock Market Movement   In the June 22nd issue of Systems and Forecasts, Gerald Appel stated “Unfortunately, despite the 18% decline in REIT stocks since their peak on Feb. 7, 2007, valuations … Continue reading

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