Category Archives: Real Estate Valuation Methodology

The Department Store Conundrum

By Maxwell O. Ramsland, Jr., MAI, CRE and Shannon M. Luepke Market value is the standard by which appraisers, assessors, and other valuation professionals conduct their practices. Market value versus price is an issue that has been debated for decades … Continue reading

Posted in Depreciation, Real Estate Valuation Methodology, Retail Stores | Tagged , , , , , , , | 1 Comment

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

Posted in Appraisal Process, Business Valuation Issues, Discount Rates, Real Estate Valuation Methodology | Tagged ,

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

Posted in Appraisal Process, Capitalization Rates, Discount Rates, Real Estate Valuation Methodology | Tagged , , , , , | 1 Comment

Manhattan Property Values and Capitalization Rates

By James R. MacCrate, MAI, CRE, ASA Overview In a previous post in 2008, What Has Happened to Manhattan Property Values?, the factors that would affect real property values in New York City were discussed. It was pointed out that … Continue reading

Posted in Capitalization Rates, Real Estate Investments, Real Estate Valuation Methodology | Tagged , , , , | 2 Comments

Department Retail Stores & Rents

By Maxwell O. Ramsland, Jr., MAl, CRE and James R. MacCrate, MAI, CRE, ASA Introduction As reported by Newsweek, the United States is over stored as retail construction continued in 2007 and 2008 by unregulated financial lending practices.  New retail … Continue reading

Posted in Real Estate Investments, Real Estate Market Analysis, Real Estate Valuation Methodology, Retail Stores | Tagged , , , , , , | 14 Comments

A Little Bit of History – Gross Rent Multipliers in New York City over Time?

By James R. MacCrate, MAI, CRE, ASA Often investors estimate the price that they are willing to pay for apartment projects in New York City by using a gross rent (income) multiplier or an effective gross rent (income) multiplier.  The … Continue reading

Posted in Capitalization Rates, Real Estate Investments, Real Estate Valuation Methodology | Tagged , , , , | 2 Comments

Incentives, Concessions, Tax Credits & Tax Abatements

by James R.  MacCrate, MAI, CRE, ASA In the current unstable real estate market, we hear reports from the National Association of Realtors and many economists that the real estate residential housing market is stabilizing.  This is based on several … Continue reading

Posted in Appraisal Reviews, Ethics, Real Estate Valuation Methodology, Uniform Standards of Professional Appraisal Practice | Tagged , , , , , , | 7 Comments