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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

Appraisal Process 78
Appraisal Process Real Estate Appraisal Renovations 78
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

JULY 10, 2020

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. The value may be the same as fee simple, but the interest is identified as a leased fee.

Appraisal Process 148
Appraisal Process Appraisal Market Value Tenants 148
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