Home Add to Favorite Contact Submit  
           25 January, 2021

Category:  Press » Real Estate


Local Real Estate Valuation Expert Invited to Talk About the Valuation of Office Buildings

         Views: 1524
2008-09-02 00:07:18     
Appraisal Institute

James MacCrate (CRE, MAI, ASA), a respected real estate valuation consultant, author, and an Adjunct Professor at New York University has been invited by the Mid Hudson Chapter of the Appraisal Institute to address the unique terminology, concepts, principles, and analytical techniques related to the proper valuation of office buildings. Special emphasis is given to forecasting income approach and the complexities of valuing multi-tenant properties for professionals including real estate brokers, owners, and appraisers. The Appraisal Institute is offering this timely seminar on September 9, 2008 in Goshen, New York at Orange County Association of Realtors building as the prices paid for office buildings begins to soften.

The seminar begins with a review of the attributes of different types of office buildings, important inspection issues, and industry measurement criteria. This is followed by an in-depth examination of the income approach by investigating alternative lease types, proper methods for forecasting office rents, vacancies, and operating expenses, as well as proper techniques for selecting capitalization rates and discount rates. Examining an actual case study reinforces these concepts. Mr. MacCrate stated that, "this seminar concludes by examining important issues affecting the valuation of office buildings in the current environment with the cost of debt increasing and difficult to find, and businesses contract in a weakening economy."

Jim MacCrate is an MAI and SRA member of the Appraisal Institute, as well as a member of The Counselors of Real Estate, specializing in real estate valuation in the New York Metropolitan Area. He formerly was a former member of the Nassau County Board of Assessors and a Director at Price Waterhouse LLP.

The Counselors of Real Estate is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide objective advice on complex real property situations. Membership is selective, extended by invitation only.

The Appraisal Institute is a global membership association of professional real estate appraisers, with nearly 23,000 members and 92 chapters throughout the world. Organized in 1932, its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws.

For additional information: contact: Yvette Molinas, (midhudsonai@yahoo.com), at (845) 986-4863, or visit the Home Page for the Mid Hudson Chapter of the Appraisal Institute (http://www.midhudsonai.org).

Specialized in: Real Estate Appraisal - Appraisal Institute - Appraiser - Designated - Industrial - Residential - Commercial - Hudson Valley - Designated Appraiser - State Certified - Conventional Appraiser - Erc - Hud - Fha - Va - Homes - Residential Appraisal - Real Estate Consulting - Mai - Sra - Valuation - Relocation
URL: http://www.midhudsonai.org
Print press release      Bookmark this page
Related Press releases 
Jones Leaving the Detroit Housing Commission for Key Toronto Position (Popularity: ): DETROIT, May 7, 2012 -- Eugene E. Jones, Jr., the executive director who turned around the Detroit Housing Commission (DHC), whose control is now being transitioned from the United States Department of Housing and Urban Development (HUD) to becoming a stand alone agency, has accepted the position as President and Chief Executive Officer of the Toronto Community Housing Corporation. He will be assuming his new position on June 18.DHC is ...
Agree Realty Announces Sale of Former Borders Asset (Popularity: ): FARMINGTON HILLS, Mich., Dec. 12, 2011 -- Agree Realty Corporation (NYSE: ADC) today announced that it has sold a 24,641 square foot single-tenant property formerly leased to Borders, Inc. located in Norman, Oklahoma. The property was sold for approximately $1,600,000.Agree Realty is primarily engaged in the ownership, management, acquisition and development of single tenant properties leased to industry leading retail tenants. The Company currently owns and operates a portfolio of ...
Aviv REIT, Inc. Announces First Quarter 2011 Earnings Results (Popularity: ): CHICAGO, May 27, 2011 -- Aviv REIT, Inc. ("Aviv" or the "Company") released its earnings for the quarter ended March 31, 2011. The financial statements and related information, including a reconciliation of non-GAAP financial measures used in this press release to the most directly comparable GAAP financial measures, have been posted to the Company's website. A conference call to discuss the 2011 first quarter earnings will take place on June ...
Bankrate: Mortgage Rates Jump Again (Popularity: ): Mortgage rates climbed higher this week, with the average conforming 30-year fixed mortgage rising to 5.02 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/.The average 15-year fixed mortgage increased to 4.39 percent and the larger jumbo 30-year fixed rate rose to 5.64 percent. Adjustable rate mortgages also went ...
Renters Insurance Is a Must as Winter Weather Rolls in (Popularity: ): With winter months ahead, renters should make certain they have a contents insurance policy that covers fire damage. According to the US Fire Administration, residential fires are more prevalent in winter months than in spring or summer months. A residential fire can completely destroy a home and all of its contents. RentersInsurance.net discusses the importance of having a comprehensive policy. Residential fires are more common in winter months partly because ...

Press release home snapshot 

Related Business 
Online Property Valuation (Popularity: ): We provide valuation conulting of all types of property online for free. Our services include property valuation for Lands, Apartments, Buildings, Office space, Industry, Houses and also construction estimates all over India, Detailed valuation in Hyderabad, Andhra Pradesh.
Partnership Profiles (Popularity: ): Online business valuation publications specializing in Family Limited Partnership valuation and minority interest discounts for Real Estate Partnerships, with historical partnership valuation data back to 1993.
World Valuation Congress (Popularity: ): Provides an international forum for discussion of the valuation of real estate by valuers and appraisers.
Property Appraiser Anevar (Popularity: ): Real estate valuation expert, anevar certified appraiser, researches and analyzes appraisal factors such as material cost, land valuation and economic conditions. Prices for the assessment or reassessment may vary depending on the complexity of the paper. The final charge will be determined by the assessor in agreement with the client after a discussion, taking into account the complexity of the work to be done.
Environmental Damage Valuation and Cost Benefit (Popularity: ): Estimates the economic impacts of environment hazards and real estate projects. Sponsored by Damage Valuation Associates, which publishes empirical and regulatory developments.
Roulac Group (Popularity: ): Providing consulting and expert witness testimony on matters pertaining to corporate real estate decisions, valuation, and strategic business geography.
Abrams Valuation Group (Popularity: ): Expert analysis of difficult-to-resolve valuation issues for litigation, tax planning, and business transactions. Offices in Los Angeles, San Diego and New York.
Albert Valuation Group (Popularity: ): Provides expert valuation specializing in litigation support and court testimony in New York City area; includes a summary of qualifications, areas of expertise, and contact information.
Integra Realty Resources, Inc. (Popularity: ): Commercial and residential real estate consulting and valuation service, with thirty-six offices nationwide, providing expert testimony and litigation support.
Sacramento Real Estate Appraisal Appraiser (Popularity: ): With a large amount of property real estate appraisers in the Sacramento, Ca you have reached one of the most professional appraisal business servicers of real estate appraisals for the mortgage lending and non-lending marketplace. With over ten years of experience as a Sacramento real estate appraiser in the real estate business working with other real estate appraisers, we know how important it is for accurate valuation of residential real ...