Income modeling is a valuable methodology that should be part of your tool box for commercial property valuation.
Like Samuel Beckett’s characters in his play Waiting for Godot, New York City street retail landlords may never encounter their quarry.
Container ships, fulfillment centers, and last mile delivery cargo now take the place of retail stock area in the U.S.
One of Dixie Phair’s many duties is to attend appeal hearings, which often more closely resemble war instead of peace.
The stunning photo above was taken on a day of very good air quality in the Mount Rainier area.
1) The Cautionary Approach: Regard any suggested improvements in efficiency with properly aggressive caution by identifying all possible pitfalls...
The definition of the word isthmus is: (noun) a narrow strip of land with sea on either side, connecting two larger land areas or a passage / tissue connecting two larger parts of the anatomy.
What to take out... what to leave in... what to simply repair to original functionality?
The word is out that a new development is slated for that hard corner on Main Street at the highway... it just sold for nearly double what it was assessed for! What happened?
Dixie Phair, Commercial Real Property Analyst for the Any Municipality County Assessor, was asked about the confusing process of allowing fees & licenses as expenses against income.
My first real job was as a licensed broker at a real estate firm that sold both residential and commercial property.
That there would be a Part 3 to this site selection tale of woe seemed inevitable, and regrettably it has come to pass.
It was a home before the highway became more heavily traveled and a couple of extra lanes were added.
In China, Germany, and Japan, automated parking structures have been engineered and constructed for a few years.
Many of us have seen more than one commercial real estate market cycle from boom to bust and back again, but many have not.
Background: Lodging, Inc. is appealing the assessment of a downtown hotel which has no onsite parking.
No need to save the date… the wedding has already happened!
Don’t worry about the A malls, or even the C malls, because their futures are pretty certain.
So what the heck is happening in the daycare industry, with sale prices sometimes far exceeding cost to replace?
An Assessment Professional recently posed a question on this topic: When is lost income from non-rented apartment units a valid charge as an expense, and when is it not?