As commercial appraisers, data is our currency. Maybe we're geeks but we love to crunch numbers, analyze trends, and evaluate cash flows. That's why we're big fans and supporters of CoStar, a data service provider and listing service for commercial property across the United States. We started using their data a couple of years back in the States … [Read more...]
Avoid This Lease Provision that Can Crush the Value of your Commercial Real Estate
There's nothing wrong with some crushes. I still have one on my wife. Other kinds of crushes; however, are best avoided. My purpose in this article is to help you avoid the kind of crush that can have a dramatically negative impact on the value of your commercial real estate. Over the last couple of years I have encountered two situations with … [Read more...]
How will BREXIT Impact the Value of your Commercial Real Estate?
I'm no economist. Not that being one would enhance my credibility or accuracy when it comes to predicting the impact of global events on the value of commercial real estate in the United States. Even the very best ones often disagree, sometimes strongly. But I am interested in national and international affairs and their impact on commercial real … [Read more...]
New Office in Indianapolis, IN
For those who are not on our newsletter list, we have a big announcement. As you all know, at Russell Roberts Appraisals, we stay on the leading edge of trends and markets in the commercial real estate industry. This year, we've been opening new offices in key growth regions to better serve our customers. … [Read more...]
AIRBNB, the Hotel Industry, and a Scarcity Mentality
I recently hired James Bishop with Accelerated Revenue as a consultant to help generate and manage revenue growth for my appraisal firm. During our time together we discussed a principle in Stephen Covey's book "The 7 Habits of Highly Effective People". I haven't read the book but apparently, Mr. Covey contrasts people who perceive a world with … [Read more...]
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