Commercial Corner

There is another key acquisition within the appraisal community.

BBG recently completed the acquisition of Nava Hurd Advisory Group, a combination of Brekan Nava Group, a Tempe, Ariz.-based commercial real estate appraisal firm, and Paradise Valley, Ariz.-based appraisal firm Hurd and Associates.

Read on to learn more.

In anticipation of growing needs related to distressed commercial properties impacted by COVID-19, Valbridge Property Advisors announced a new collaboration.

The company will join forced with NAI Global, a global commercial real estate brokerage firm that completes more than $20 billion in commercial real estate transactions yearly. 

Read on to learn more.

BBG announced Clayton Belger will assume the role of director in the firm’s Jacksonville office, according to a release from BBG.

Belger’s elevation to his new role will leverage his leadership and client-centric work ethic, further expanding BBG’s exposure in central and north Florida and South Georgia, the company said.

Commercial real estate firm BBG appointed industry veteran Paul  Ping as senior managing director.

Ping will be responsible for expanding BBG Evaluation, a USPAP-compliant desktop valuation service for banks and other financial institutions for commercial properties and other assets that do not require a traditional appraisal.

Read on to learn more.

Valuation Review recently shared with its readers how value is determined regarding paintings.

But when it comes to special works on paper or books, how is authenticity validated? Northwestern University Libraries’ Chief Conservator Susan Russick told attendees at the 2020 American Society of Appraisers International conference how these items are viewed.

Read on to find out more.

JLL, by way of a detailed report, outlined all the particulars surrounding the manufactured home.

This included specific challenges and uncertainty when it comes to understanding the capitalization trends.

Read on for more information.

Valuation Review caught up with BBG’s Managing Director (New York office) Eric Haims, who shared his thoughts on how investors and owners should take advantage of the current real estate tax benefits.

Such advisement can help individuals avoid potentials changes in tax codes that could come after the November election.

Read on for more from Haims.

Industrial buildings, cold-storage facilities and data centers are thriving in the COVID-19 environment.

The pandemic is driving increased demand for these properties, according to a release from BBG, a leading due diligence commercial real estate firm.

Read on to learn more.

BBG will augment its appraisal, property condition, environmental, zoning assessment and financial reporting services with American Land Title Association (ALTA) surveys, the appraisal company announced in a survey.

BBG also introduced its new managing director of the ALTA survey service.

Read on to learn more.

Valuation Review sat down with JLL Managing Directors Brian Chandler and Bryan Lockard, who are national practice leads for senior housing.

The experts discussed what is possibly in line for commercial housing should another wave of virus infections happen.

Read on to find out what we were told by JLL.