Category: Appraisals / Valuations, Real Estate Sustainability and Income-Producing Property Valuation: North American Status and Recommended Procedures TASA ID: 992 The valuation of property with "sustainability" aspects is not a new property type nor does it call for a deviation from the traditional valuation methods for the appraisal of income-producing properties. Read more
Category: Appraisals / Valuations, Real Estate Insights and Updates from a Commercial Appraiser Real Property Broker Expert TASA ID: 1417 Of course the answer to the question "will building energy disclosure laws affect real property value" is yes. There is no doubt in my mind that inefficient buildings, like gas guzzling cars, will be shunned by real property buyers and building tenants when they have the opportunity to see the results on energy disclosure reports. In the recent past, few buyers have paid a great deal of attention to annual energy costs since energy costs have been relatively low. Read more
Category: Appraisals / Valuations, Real Estate How Accurate is Your Commercial Real Estate Appraisal? TASA ID: 1447 . . . The courts have consistently held that the Income Approach is to be relied upon in estimating the market value of income producing properties, especially in tax certiorari cases, and lenders and investors place much emphasis on this approach concerning properties with substantial tenant bases. Read more
Category: Business & Commerce, Financial/Economic, Real Estate Increased Cost of Credit - or Not? TASA ID: 1989 ". . . farming operation suing a supplier whose representatives allegedly incorrectly advised the farmer on application of a chemical that resulted in reduced crop production. One of the causes of action was increased credit cost because his lender asked him to refinance due to his poor performance in the year of the loss." Read more
Category: Premises Liability, Real Estate, Safety, Security Aging Malls Breed Litigation TASA ID: 396 Prior to October of 2012, my previous shopping center personal injury case was in 2004. Since last October, I have been asked to serve as an expert witness in four litigation matters involving serious personal injury or wrongful death that happened in or around regional malls. In my analysis of this unique cluster of cases, it occurred to me that they all shared a common, but poorly understood, element that I thought worth sharing with readers of The TASA Knowledge Center. Read more