Appraisals -- All appraisal reports are prepared in conformity with the Uniform Standards of Professional
Appraisal Practice (“USPAP”).
Appraisal Services -- A review of an appraisal report based on
a reading of the subject report and independent analysis of the data upon which the value opinion is based.
Study - The purpose of this study is to determine and project the
success of a proposed development. It is a cost-benefit analysis undertaken to measure whether a project
will fulfill the objectives of the investor. Relevant factors include demographics, sales activity, price
trends, interest rates, supply and demand factors, existing and proposed competition, achievable rents and occupancy rates,
projected operating expenses, and the absorption rate.
Site Selection Study - Pre-development research of alternative site attributes, demographics, demand generators,
competitive properties, traffic counts, neighborhood trends, tax burdens, and community development plans. Included
with such a study are projections for performance of the proposed development, such as attainable rents, expense items, permitting
fees, vacancy estimates, and income growth rates.
Machinery & Equipment Appraisals - The appraisal of non-realty assets. Also, we have experience in
the assessment and implementation of property records systems. An accredited Senior Member of the American
Society of Appraisers, with more than 30 years of machinery and equipment appraisal experience is on staff.
Cost Segregation Analyses
- Many components of new construction (or recently acquired older structures) qualify under the Internal Revenue Code (“IRC”)
as personal property. Such assets can be depreciated over shorter tax lives, accelerating the cost recovery
process. Our knowledge of construction components and IRC rulings, as well as our thorough documentation
procedures, assure a highly defensible cost segregation study -- one that will withstand IRS scrutiny. A
typical cost segregation study can result in first year tax savings many times greater than the cost of the initial study.
Adding to this attractive return is the fact that savings continue in successive years, creating an annuity of savings.