Introduction to Ground Leases

Posted by: McKissock Date: Sep 29, 2016 9:00:00 AM

The types of land that are most frequently ground leased include retail pads in commercial centers, land within high-density urban centers, land along ports and harbors, and other areas where land availability is low and land prices are high and expected to escalate. Are you interested in tackling ground lease appraisal assignments for commercial clients? Read this post for a breakdown of the typical tenants, reasons for use, motivations of the lessor, and potential disadvantages of ground leases.

Plus, check out our upcoming Pro-Series webinar, Commercial Case Study: Theme Park or Developed Site Value, on Wednesday, October 5 at 1:00pm EST. And take our Appraisal of Land Subject to Ground Leases course to gain a thorough understanding of the multiple components of ground leases. This information will give you a helpful edge when it comes to valuing commercial real estate, as well as prepare you to work with a wide variety of clients.

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Topics: Commercial Appraisal

Beginner's Guide to Commercial Appraisal Review Clients

Posted by: McKissock Date: Sep 15, 2016 9:00:00 AM

Commercial appraisal review assignments flow from different types of clients, each with their own intended use, required scope of work, and set of concerns for the reviewer to be aware of. This post is designed to provide practical advice for working with four specific types of commercial appraisal review clients. If you are new to commercial appraisal review, this information will be especially helpful.

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Topics: Commercial Appraisal

Appraising Stigmatized Properties: The Challenges and Opportunities

Posted by: Carole McCullough Date: Jul 28, 2016 11:00:00 AM

As an appraiser, whether you're looking for a niche market or not, you may be given the chance to enter the field of stigmatized property appraising. The opportunity usually arises when a lender contacts you to value a property in a community in which you work. When the lender places the order, and then you accept the assignment, neither one of you may know that the marketplace views the property as stigmatized. Regardless of the circumstances, once revealed, the specifics of the case will call for a level of expertise, knowledge, and research beyond that of many appraisers.

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Topics: Residential Appraisal, Commercial Appraisal

Is Commercial Appraisal Review for You?

Posted by: Heidi Lee Date: Jun 8, 2016 11:00:00 AM

Have you ever been approached by a client who wanted you to review another appraiser’s report? How did you respond? Did you take the assignment? Or did you pass, citing lack of experience with that type of work? If you made the latter choice, it was probably for the best. I know that some appraisers consider review work to be easier than appraising, and therefore something they are already competent to do. After all, reviewing is less labor intensive than appraising. How hard could it be? Keep reading to learn about the requirements for commercial appraisal review work. Plus, join me on Wednesday, June 15 at 1:00pm EST for the McKissock Pro-Series webinar: Commercial Review: Where Do I Start?

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Topics: Commercial Appraisal