This Blog was written by Julie Patel and published in the Sun Sentinel: By Julie Patel November 9, 2011 09:35 AM Citizens Property Insurance plans to discuss raising rates for …
Category: Commercial Market
Condo Association and Homeowner’s Association Property Watch-Out Bulletin
As Condo and HOA boards are preparing to return for the winter season, they will find that their property has not only aged six months, but was exposed to subtropical …
Florida Condo Law Changes 2011
Welcome back Condo and HOA boards! The season starts with some wonderful autumn weather after a very hot summer. To get you prepared for the upcoming season and your board …
Advantages of Cost Segregation Analysis for your Commercial Building
The advantages of a Cost Segregation Analysis for commercial buildings Whether you are constructing a new building, remodeling a current facility, or purchasing a building, property asset classification for depreciation …
Market Values of Real Estate May Drop, But Construction Costs Don’t
am thrilled to have a guest blogger on my appraisal blog! Many thanks to Jill Goodman, Editing and Production Coordinator at RS Means, a Division of Reed Construction Data for her …
Citizens on a Mission
Unnoted by many, Citizens sneaked in some new rules, which will affect especially condominium associations and commercial properties. Effective May 2011, buildings with sprinkler systems are only eligible for sprinkler …
Hurricane Season is Upon Us– Are You Ready?
Hurricane season officially began on June 1st and lasts until November 30th. Florida has recently been spared from serious damage, enjoying several, hurricane free years. But with forecasters predicting an …
Builder vs. Appraiser – why most Builders and Developers underestimate Reconstruction Cost
Once in a while when I am asked to appraise the insurable value for a condominium association, the board is greatly upset over the values my appraisal work revealed. The …
Insurance Replacement Valuation for a Special Purpose Property
Once in a blue moon, it will happen to all of us appraisers: Appraising a special purpose property, or let’s call it an “oddball”. For market value appraisals there are …
Was there no common sense in the 2006 market place?
For a current appraisal assignment I had to conduct a market study in the Pinellas Office Market, comparing data between 1998, 2006, and 2010. I obtained the Maddux Report for …
Light at the End of Tunnel?
After the Zelman Survey in December showed that apartment buildings increased occupancy and improved cap rate trends towards 8 %, REIS reported last Friday that the U.S. Office Market has …