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Author Archives Thomas Mores

We recently appraised a Commercial Marijuana Operation in the Central Valley area for the purpose of private money lending. This newly emerging enterprise within the State of California is only allowed by certain cities. On October 9, 2015, the Governor signed the Medical Marijuana Regulation and Safety Act (MMRSA), comprised of California legislative bills AB […]

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Subrogation Appraisal

14 April, 2016
/ in Blog

What is a Subrogation Appraisal? Subrogation is a term denoting a legal right that is reserved by most insurance carriers. Subrogation is the right for an insurer to pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid to […]

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We appraised the partial ownership interest of a multi-tenant office building on Hope Street in Mountain View for estate planning purposes. Building features include 15,200 square feet of gross building area situated on a 0.34 acre site, with limited on-site parking of 7 spaces. Discounts for limited marketability and liquidity applied to this partial ownership […]

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Multi-Tenant Retail Center

26 November, 2015

We appraised the partial ownership interest of a multi-tenant retail center with a fast-food pad restaurant located on Jarvis Avenue in Newark California for estate planning purposes. Built in 1987, the buildings contain 27,440 square feet of gross building area, 135 open on-site parking spaces, situated on a 3.64 acre parcel. Discounts for limited marketability […]

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Medical Office Building

26 November, 2015

We appraised this Class B medical office building in Hemet California for pre-listing purposes. The building features include 16,782 square feet, plus a free-standing pad building used as a pharmacy. The buildings were constructed in 1962 and 1992. The site area is 1.23 acres. There are 84 on-site parking spaces. The building is proximal to […]

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Warehouse Building

26 November, 2015

We appraised this 15,716 square foot warehouse building on 1.08 acres, in Vallejo California for estate planning purposes. The concrete block building features a 16′ warehouse clear height, three ground level loading doors, and 30 on-site parking spaces. Office area build-out includes 2,406 square feet.

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Industrial Condominium Unit

26 November, 2015

We recently appraised this industrial condominium unit located in San Jose, California for a private money lender. The 4,622 square foot building features a 16′ warehouse clear height, and one ground level loading door. There is 1,000 square feet of office build-out, and 10 designated on-site parking spaces.

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New Real Estate Laws

13 January, 2015
/ in Blog

Transfer Tax Disclosure Requirement – AB 1888 Effective January 1, 2015 A new California law now in effect requires the documentary transfer tax to be included on the face of the property deed. Prior to the enactment of this new law, it was not uncommon in commercial real estate (and also in some residential sales […]

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