article thumbnail

Xactus names chief operating officer

Housing Wire

In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Previously, he was EVP of product development at Credit Plus before Xactus acquired the company in September 2021. He previously served as the company’s chief data officer.

Tenants 348
article thumbnail

Why Appraisers Don’t Depreciate Land

Cleveland Appraisal Blog

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. This is an important question to answer when appraising a property. Depreciation!

Appraisal 279
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. Appraising property in an eminent domain case requires unique expertise and skills. Appraising property in an eminent domain case requires unique expertise and skills.

Appraisal 309
article thumbnail

Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Some smart lenders, especially among credit unions, have developed some great products for ADU financing.

Finance 465
article thumbnail

Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Cleveland Appraisal Blog shares some tips. Setting Yourself Up for Success in Real Estate Development. Setting Yourself Up for Success in Real Estate Development. Obtain the right qualifications. Network to get funding.

article thumbnail

3 CRE Development Projects from The Robert Weiler Company Help Propel the Columbus, Ohio Region

The Robert Weiler Company

A restaurant and a bar tenant have already signed a commercial lease for the building. And through ongoing negotiations, another tenant is slated to occupy the remaining retail space for lease, though it hasn’t been finalized as of this update. As noted in The City project, the Short North is the perfect location for such an endeavor.

article thumbnail

Impact of COVID-19 On Appraisals

Simonson Real Estate

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Moderate credit tenants – 6.5% Class B – 5.5%

Appraisal 143