Extreme Appraising:Valuing CRE in a Down Market

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Notes

Cancellation Policy

Written cancellations received by Thursday, March 4 are subject to a $35 cancellation fee. Cancellations received after that time but prior to noon on Thursday, March 11, are subject to a $50 cancellation fee. No refunds for cancellations received after noon on Thursday, March 11 or for seminar “no shows.” Cancellations can be emailed to admin@aiseattle.org

Additional Information

Date

Thursday – March 18, 2021

Time

Registration begins at 8:00 a.m.

Part 1:  Overview of Case Study Property                                         8:30 - 9 am                                                                                         

Part 2:  Purpose and Summary of the Market Analysis                      9 – 9:30 am

Part 3: Addressing an Above-Market Lease with a Property 
Rights Adjustment                                                                                                9:30 - 10:30 am

Break                                                                                                               10:30 – 10:45 am       

Part 4: Measuring Effective Rent for a Lease with concessions        10:45 – 11:15 am

Part 5: Calculating the Rent-Up Adjustment for the “As Is” 

Valuation                                                                                                        11:00 – 12:00

Lunch Break                                                                                       12:00 - 1 pm                                                                                                               

Part 6:  Market Analysis: evidence of External

Obsolescence/Methods of calculating                                                            1 – 2:30 pm

Break                                                                                                               2:30 – 2:45 pm           

Part 7:  Determining the “When Stabilized” Value via

the Income, Sales Comparison and Cost Approaches                        2:45 – 4:15pm

Part 8:  Reconciliation and Wrap-up                                                  4:15 – 4:30 pm

 

Speaker

Gary S. DeWeese, MAI

Topic

Extreme Appraising:Valuing CRE in a down market

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

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