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

Simonson Real Estate

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. Labor costs continue to climb for retailers, both from cities and states raising minimum wage requirements and tight labor market.

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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. • Functional Obsolescence.