How to Speed up the Commercial Real Estate Appraisal Process

mainevaluation Commercial Appraisals, Commercial Real Estate 0 Comments

By Mark L. Plourde, MAI When the parties of interest in a commercial real estate transaction finally reach agreement, and financing is a component of the deal, why does it then take so long to get a commercial real estate appraisal report completed?  The simple answer is there are many obstacles to overcome in the valuation process for credible results. …

The “Cap Rate”

mainevaluation Commercial Appraisals, Commercial Real Estate 0 Comments

By Mark L. Plourde, MAI Published on Mereda   You may hear the term “Cap Rate” in discussions or articles involving commercial real estate. Even if you already have an understanding of what the term means, here is a little more insight from an appraiser’s perspective.   Simply put, a “Cap” Rate is used to convert income into value. To …