Ok, maybe that's a bit of a stretch. But each one of our reports contains interesting, relevant, useful data about trends that impact the value of commercial property in the area. The Macroeconomic and Microeconomic sections of each report consider ten-year trends for population, employment, and income levels. We also present the supply and … [Read more...]
Our Newest Team Member: Hans Schmitter
We promised in our newsletter to introduce you to our newest team member: Hans Schmitter, MAI, CCIM. He is the Senior Managing Director of our Indianapolis office. Meet Hans Schmitter - Our Indianapolis Appraiser Hans is from northern Indiana, near the lakes. He earned his Bachelor’s degree from Indiana State University and has an extensive … [Read more...]
Intangible Assets: Here’s What the Heavyweights are Saying
In today's blog post, I have interviewed Mr. Stephen D. Roach, MAI, SRA, AI-GRS, about the hot topic of intangible assets. Mr. Roach is co-owner of Jones, Roach, and Caringella, Inc., in the San Diego area. His accomplishments within the appraisal industry are too numerous to list but include national and international teaching, editing books that … [Read more...]
The illusion of owning commercial real estate.
I recently read a fascinating article by Mr. Stephen D. Roach, MAI, that was published in The Appraisal Journal. The title of the article is "Is Excess Rent Intangible." A Powerpoint presentation summarizing the argument he presents in the article may be downloaded here. One of the important points Mr. Roach makes in the article is the ambiguity … [Read more...]
Gentrification: The Newest Four Letter Word
Gentrification is a word with entirely too many syllables. I first encountered it in my early college days in the late 1980's. I have seldom heard the word since, with occasional exceptions in discussions among my peers. It refers to an area trend, often in less affluent communities, of the purchase and renovation of homes and businesses. From … [Read more...]
Sign Up for Our Monthly Newsletter
We send out a monthly email to a special group of people. We want you to be included! You'll get updates on industry trends, geographical happenings, and the latest developments at Russell Roberts Appraisals. And here's the really important thing: it's the only email you'll get from us all month! No one likes email overload. It's the perfect … [Read more...]
Why we love CoStar
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...]