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Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends

Simonson Real Estate

Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. The gap between retailers that are doing well and those struggling is widening.

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Residential Appraisals and Airbnb Income?

Appraisal Today

Lenders and AMCs want residential appraisers to value these properties as both the real estate and the business values of these properties – Wrong!! GRM is an Income Approach that applies to homes with long long-term tenants, not homes with many Short Term Rentals. Some of the topics: • USPAP issues. •