Insider’s Perspective: Focus on Global Issues – A Wave of Relief

Winter 2004-2005, Vol 29, No 4 Abstract not available.

Detecting Intangible Asset Value (or Capitalized Economic Profit) in Sales to REITs: A Practical Framework for Analysis

Winter 2004-2005, Vol 29, No 4 Abstract: Asset Management can be defined as the process of overseeing property performance with the goal of enhancing value and maximizing return to the owner. Asset management does not consist of a single activity that takes place at a discrete moment in time. It takes place over the life cycle… Read more

Damage to Market Value and Locational Premiums

Winter 2004-2005, Vol 29, No 4 Abstract: In the real estate literature of the past decade or so confusion has arisen between the concepts of a damage to the market value of a property and a locational premium. Many articles discuss the influence of some alleged negative condition (disamenity) such as powerlines, landfills, railroad tracks, superfund… Read more

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Counseling Under Conditions of Uncertainty

Winter 2004-2005, Vol 29, No 4 Abstract: The author examines the use of probability analysis in a range of different real estate valuation scenarios of varying complexity, including scenarios in which a property has more than one highest and best use.

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Converting Tax Incentives into Profitable Historic Rehabilitation Projects

Winter 2004-2005, Vol 29, No 4 Abstract: Since 1976, resourceful developers have taken advantage of significant tax incentives to rehabilitate historic properties into profitable development projects. Such incentives have sparked renewed interest in reviving forgotten local landmarks and have enabled developers to successfully tap into an emerging market of commercial and residential tenants who are looking for unique space. Read More

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