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...]
Fast. Commercial. Appraisals. We specialize in the Impossible.
This is how I feel when we complete a commercial appraisal report for one of our valued clients. In three days. … [Read more...]
Lexington, KY: History, Horses, and Commercial Real Estate
Lexington, Kentucky is legendary for horses because, well, it's the horse capital of the world. It has a proud history of horse racing and breeding, which means large, sprawling properties of land for these majestic creatures to roam, but Lexington is not just horses. Lexington, Kentucky is also home to the largest restored Shaker Village in the … [Read more...]
Georgia: Our Second Home
You know we have an office in Kentucky, servicing Kentucky and Indiana, and it's our first office location. You've heard about our Nashville, Tennessee office. We've been singing it from the roof tops recently because it's our newest addition to the family. But I'm sure you haven't heard too much about our second office in Atlanta, Georgia. … [Read more...]
3 Mistakes to Avoid when Selling Commercial Property
My favorite type of appraisal work is for commercial property owners who simply want to know what their property is worth. These types of assignments give me the opportunity to work very closely with the property owner to educate them about the factors that influence the value of their commercial property. The most rewarding aspect about these … [Read more...]
What Michelangelo would have loved about Nashville & Chattanooga, Tennessee.
Nashville has adopted, and Chattanooga is in the process of adopting, Form-Based Code. Form-Based Code is a form of land use regulation that focuses more on the aesthetics of communities and well-balanced uses rather than on micromanaging the legal uses. Michelangelo, I believe, would have given his stamp of approval. … [Read more...]
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