Valuation Advisory Services
Transcription
Valuation Advisory Services
Valuation Advisory Services Sophisticated Solutions Kidder Mathews has the largest valuation Experienced Professionals advisory group in the Pacific Northwest, with the highest number of appraisers who 30 appraisers have earned the MAI designation. The firm offers a full range of appraisal, valuation 17 MAI’s and consulting services and specializes in investment-grade real estate with a Over 1,300 valuation and consulting assignments each year widely diversified background in appraisal, market analysis and counseling for the development, acquisition, sale, leasing and financing of major urban real estate throughout the Western United States. Fisher Plaza Seattle, WA Services Provided Market value estimate for loan underwriting Project Outline Kidder Mathews was asked to provide a market value estimate for loan underwriting for Fisher Plaza, a unique multiuse two-building property with Class “A” office, retail, broadcast studios and data center space. The property benefits from significant access to fiber networking, redundant electrical, cooling and back-up generator capacity typical of a Tier III data center. Fisher Plaza serves as the headquarters of its owner, Fisher Communications, and is the base for its affiliates including KOMO TV and their three Seattle radio stations. Fisher Plaza Solution Kidder Mathews brought a team of expert analysts who understand the nuances of the complexities of the television/radio broadcast industry and data center hosting that are the core uses of the property. Prudential Financial Portfolio WA, OR & CA Services Provided Project Outline Kidder Mathews is providing third-party valuation services for an institutional investor’s quarterly valuation reporting requirements. The properties include over 30 shopping centers, office buildings, industrial buildings and apartment complexes throughout Washington, Oregon and California. Income valuation models were built based on the client’s requirements for Dynalease and subsequently converted those models to Argus. Current and prospective market value estimates Solution Kidder Mathews utilized their knowledge and experience in the various West Coast markets to provide the client with a reliable indication of current market value for SEC reporting regulations. Valuation and cash flow projections provided support for property positioning and disposition decisions. WA Dept. of Natural Resources & Plum Creek Project Outline The Washington State Department of Natural Resources exchanged 6,000 acres of transitional land for 21,000 acres of productive forestland from Plum Creek Timber Company. Kidder Mathews was retained to provide independent third party appraisals of 54 separate parcels that Plum Creek considered for the exchange. The properties’ locations ranged from the Columbia River in the south to King County in the north. WA Services Provided Fair market valuations of both the land and timber components Solution This assignment required the deployment of Kidder Mathews’ timberland valuation specialty group who have extensive experience in the valuation of forestland. It also required significant external communication with the clients to assure they understood the valuation nuances of each property. This assignment was completed in a remarkable 10 weeks. Prudential Financial Portfolio WA Dept. of Natural Resources & Plum Creek Comprehensive Services Valuation of sensitive areas Feasibility Analysis Condemnation and right-of-way Buy/sell analysis Investment analysis Site selection analysis Mortgage & construction financing Leasehold/leased fee analysis Litigation support & arbitration Local improvement district analysis Estate planning & portfolio analysis Market analysis Arctic Club Hotel / Seattle, WA Advanta / Bellevue, WA Tax appeal services West 8th / Seattle, WA Space Needle / Seattle, WA Extensive Market Knowledge Expertise Most MAI Appraisers in Washington Valuation & Consulting Assignments Annually 1,300+ Office buildings Parking garages Hotels Retail centers Apartments, condominiums & residential subdivisions Senior care facilities Master planned developments Golf courses The Meridian / Seattle, WA Marinas Biotechnology High-tech Hospitals High value residences & estates Vacant land Forest land Shopping malls Air right analysis kiddermathews.com About Kidder Mathews Contact Peter Shorett MAI, CRE, FRICS Executive Vice President Valuation Advisory Services 206.205.0200 pshorett@kiddermathews.com Kidder Mathews is one of the fastest growing independent full-service commercial real estate firms on the West Coast, with over 550 real estate professionals and employees in 16 offices in Washington, Oregon, California, Nevada, and Arizona. The firm’s unmatched combination of regional expertise, scope of services, and international reach gives the company the ability to respond to virtually any commercial real estate challenge anywhere. Kidder Mathews offers a full range of brokerage, consulting, property management, appraisal, sustainability practices, and construction and development management services. Select Client List 3M Corporation Kidder Mathews Valuation Advisory Team Advent Group Aegon USA Realty Advisors Allstate Insurance Bank of America Bristol-Myers Squibb Chase Manhattan Cornerstone Advisors Deloitte & Touche Ellis, Li & McKinstry Farm Credit Northwest Foster Pepper GE Capital KeyBank Lone Star Northwest Martin Selig Real Estate McDonald’s Corporation Merrill Lynch & Company, Inc. New York Life PACCAR Perkins Coie, LLP Port of Seattle Prudential Quadrant Corporation Appraisers with MAI Designation Appraisers Peter Shorett, MAI, CRE, FRICS Executive Vice President 206.205.0201 pshorett@kiddermathews.com Randall Gilliam, MAI Senior Vice President 425.450.1181 rgilliam@kiddermathews.com Jesse Baker Associate Appraiser 425.450.1104 jbaker@kiddermathews.com Ashley Meyer Associate Appraiser 425.450.1104 ashleym@kiddermathews.com John Andrews, MAI Senior Vice President 206.205.0202 jandrews@kiddermathews.com John Gordon, MAI, AI-GRS Senior Vice President 425.283.5783 jgordon@kiddermathews.com Scott Blasingame Appraiser & Consultant 415.229.8921 scottb@kiddermathews.com Crosby Nordblom Associate Appraiser 206.205.0209 crosbyn@kiddermathews.com Christopher Berger, MAI Senior Vice President 425.450.1175 cberger@kiddermathews.com Gary Klockenteger, MAI Senior Vice President 206.205.0207 garyk@kiddermathews.com Alexander D. Calhoun, III Appraiser & Consultant 650.769.3510 acalhoun@kiddermathews.com Kyle Reynolds Appraiser & Consultant 206.205.0227 kyler@kiddermathews.com Richard Briscoe, MAI Senior Vice President 206.205.0205 rbriscoe@kiddermathews.com Andy Robinson, MAI Senior Vice President 206.205.0204 andyr@kiddermathews.com Ariel Gallagher Associate Appraiser 503.221.2718 arielg@kiddermathews.com Lauren Sanders Associate Appraiser 206.205.0212 lsanders@kiddermathews.com Steven Casteele, MAI Vice President 206.205.0232 stevenc@kiddermathews.com Keven Russell, MAI Vice President 206.205.0211 krussell@kiddermathews.com Bill Genschow Appraiser & Consultant 253.722.1420 billg@kiddermathews.com Kasey Sidor Associate Appraiser 253.722.1424 ksidor@kiddermathews.com David Chudzik, Ph.D., MAI Vice President 206.205.0222 dchudzik@kiddermathews.com Stan Sidor, MAI Senior Vice President, Manager 253.722.1445 ssidor@kiddermathews.com Joseph Liss Associate Appraiser 253.722.1456 jliss@kiddermathews.com Allison Syms Appraiser & Consultant 425.450.1172 asyms@kiddermathews.com Judson Clendaniel, MAI Vice President 425.283.5780 judc@kiddermathews.com Jeremy Streufert, MAI Appraiser & Consultant 206.205.0203 jeremys@kiddermathews.com Kelsey Klockenteger Associate Appraiser 206.205.0235 kelseyk@kiddermathews.com Ian Curry, MAI Senior Vice President 206.205.0236 icurry@kiddermathews.com Aaron Taylor, MAI, ASA Vice President, Manager 503.721.2707 ataylor@kiddermathews.com Sabey Corporation Safeco Properties, Inc. Safeway Stores, Inc. Seattle City Light Simvest, Inc. Umpqua Bank Union Oil Company University of Washington Jeffrey Enright, MAI, SRA, AI-GRS Vice President, Manager 650.769.3511 jenright@kiddermathews.com US Bancorp Washington Capital Management Wells Fargo Bank West Coast Hotels, Inc. Weyerhaeuser Corporation Zions First National Bank Valuation Advisory Offices Seattle 601 Union St Suite 4720 Seattle, WA 98101 Tel: 206 205.0200 Fax: 206 205.0220 Seattle Bellevue S Seattle Tacoma Olympia Bellevue 500 108th Ave NE Suite 2400 Bellevue, WA 98004 Tel: 425 454.7040 Fax: 425 450.1179 Portland San Francisco Tacoma 1201 Pacific Ave Suite 1400 Tacoma, WA 98402 Tel: 253 722.1400 Fax: 253 722.1409 Silicon Valley Portland One SW Columbia St Suite 950 Portland, OR 97258 Tel: 503 221.9900 Fax: 503 221.2277 San Diego Phoenix Redwood Shores 203 Redwood Shores Pkwy Suite 530 Redwood City, CA 94065 Tel:650.769.3600 Fax: 650.769.3551 San Francisco 101 Mission St Suite 2100 San Francisco, CA 94105 Tel:415.229.8888 Fax:415.229.8987 kiddermathews.com