Monthly Archives: November 2016

Appellant Management

Which of these scenarios justifies allocation of a management charge against Effective Gross Income (EGI) in valuing real property by the income approach? Office A long time tenant suddenly stops paying rent, repeatedly claiming “the check is in the mail”. … Continue reading

Posted in Case Studies

New Kid on an Old Block

What happens to surrounding values when a new, attractive, and well tenanted retail development is injected into an older commercial area? In the graphic accompanying this post, the white area is a new development containing an upscale big box discounter … Continue reading

Posted in Case Studies

Shades of Gray

Income & expenses for real property should be straightforward and objective, and rarely a gray area. But confusion happens all the time. If the income or expense account is associated with the physical use of real property, it almost always … Continue reading

Posted in Real Life