Category Archives: The Adventures of Dixie Phair

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

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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

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Dixie Exposes Expense Mixing

Dixie Phair (Any Municipality County’s Commercial Real Property Analyst) and Luke Warm (ownership tax representative) are mixing it up (having a discussion)… Dixie: This is a well located property. Luke: Well, it is and it isn’t. Dixie: Why do you … Continue reading

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Dixie & Her Uncle’s Appeal

Dixie Phair, Commercial Real Property Analyst for Any Municipality County, would definitely have recused herself, but the only other staff member with commercial experience is on extended leave. So, a somewhat close family member (Jack Phair, Dixie’s uncle) is across … Continue reading

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Dixie Follows the Market

The Any Municipality County assessment department enlisted Dixie’s help on a new retail development, due to her experience as Commercial Real Property Analyst. Dixie reviewed the file but no matter how many times she processed the income-based numbers, the value … Continue reading

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Dixie’s Historic Value Dilemma

With 5 years experience as Commercial Real Property Analyst for Any Municipality County, Dixie Phair often helps the valuation department with new or rehabilitated income properties. They have brought her a doozie. Here are the facts: The building: a downtown … Continue reading

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Dixie & Assisted Living

Valuation of an Independent Living or Assisted Living facility is as complicated for Dixie Phair as it is for the rest of us. Income (and offsetting expense) from ancillary and personal services like craft classes, meals, and more, are not … Continue reading

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Dixie’s Knowledge Team

Dixie Phair, Any Municipality County’s Commercial Real Property Analyst, has a duty to know her local real property market. Keeping up with all sectors (including office, retail, industrial, multifamily, and general commercial) is more than a full time job. To … Continue reading

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Red Flags at Sunset: A Dixie Drama

Dixie Phair received three years of expense data from Sunset Apartments, an older, average quality building under appeal in Any Municipality County. As an experienced Commercial Real Property Analyst, she quickly identified some problems in her review of the provided … Continue reading

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Dixie & Local Sourcing

Dixie Phair was planning meet friends at a nearby restaurant for dinner. Looking forward to a pleasant evening, she started to organize her desk and was struck by the parallel between the regional produce used by her favorite chef and … Continue reading

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