Author Archives: Tim

Real Thing or Just Her Perfume?

Much is now hyped in the real estate press about the renewed life of retail bricks and mortar. In-store sales are enhanced by such ethereal concepts as “experiential retailing” offering a sense of community and collaboration, all branded (and personally … Continue reading

Posted in Market Trends

Dixie & Value Testing

Today’s assignment for Commercial Real Property Analyst Dixie Phair is an apartment property. Dixie always uses an income model (and you surely should too!) to aid in apartment valuation. In this case, her model is especially helpful because it allows … Continue reading

Posted in The Adventures of Dixie Phair

Transmission Rebuild

Never at a loss for relating almost anything to income-based analysis for real property, I find a ready analogy in the renovation of an older car. Just consider the rebuilding of an auto transmission as an example of how important … Continue reading

Posted in Real Life

Do Values Stand Still?

Recent history tells us that real property values almost never stand still. In many markets, values broadly tanked beginning in 2008 until a slow climb back up began in about 2011. But what if values did stand still, even as … Continue reading

Posted in Real Life

Architecturally Awkward

Except for some industrial property types such as manufacturing, it usually pays to develop to reasonably current design standards; changing social needs have also altered the viability of some designs. For example, many U.S. cities still sport those cantilevered federal … Continue reading

Posted in Case Studies

Dixie Shares Confidence

Dixie Phair knows that few enjoy confrontation or disagreement, and most will strive to avoid it. But in her capacity as Commercial Real Property Analyst for Any Municipality County for almost five years, she also has learned that disagreements must … Continue reading

Posted in The Adventures of Dixie Phair

The Shared Office

One of the biggest trends in office space marketing is the co-working or shared space concept, offering a flexible menu of space and services in an established office environment. These spaces are typically leased in bulk, generally to a marketer … Continue reading

Posted in Market Trends

Timing is Everything

As someone who has been involved in many appeal hearings, I’ve witnessed firsthand how much valuable time is lost because of timing. What do I mean by time lost because of timing? Read on. The issue (which shouldn’t even be … Continue reading

Posted in Case Studies

Delivering Equity Takes Diligence

The appeals process reminds us to focus on equity for the taxpayer. Though frivolous appeals happen all too often, appeals certainly can be justified. Since my role in this industry is to provide guidance in income based valuation, a policy … Continue reading

Posted in Real Life

Pickup Ruck

The title of this post does not have a typo. The word “ruck” has several meanings, most having to do with typical gatherings of people or things. In rugby, it refers to a scramble for the ball on the ground. … Continue reading

Posted in Real Life