Author Archives Thomas Mores

The role of the appraiser is to produce a credible estimate of market value. Investigate, disclose, describe, analyze and report. The accuracy of the report depends on the information available – so the answer becomes “it depends” The intended use drives the type of work, level of detail and analysis along with the type of […]

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Restaurants

27 December, 2013

Restaurant properties include fast-food, fast-casual, family style, buffet, café, cafeteria, coffee house, fine dining, bistro, and others. We appraise all types of restaurant properties.

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Retail Uses

20 December, 2013

The retail use category of appraisal includes a large variety of retail uses. Retail uses include free-standing general retail stores, multi-tenant retail centers including neighborhood center, regional retail center, sub-regional centers, and power centers. This category also includes auto rental facilities, auto repair facilities, retail service properties, mini-markets, grocery stores, and many other property types. […]

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Residential Apartments

14 December, 2013

We have many clients requesting appraisals of residential apartment buildings. When an apartment building contains more than 5 unit, a commercial appraisal is required. Residential appraisers are not licensed to appraise 5+ apartments for federally insured loans. The vast majority of apartment appraisals include properties ranging from 5 to 50 units. However, we have appraised […]

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Hospitality Properties

04 December, 2013

Each year we appraise numerous hospitality properties including everything from limited-service non-franchise motels to full-service franchise hotels. Hospitality properties include motels, hotels, and SRO hotels. Product types include hard budget economy, middle economy, upper-tier economy, mid-rate, garden court, extended stay, first class suite, luxury, and resort hotels. Within these product types are both franchise and […]

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