With more than 80 years of real estate research and valuation experience, Situs RERC’s valuation advisory services are rooted in our unwavering commitment to client service, with access to and insight driven by industry-leading professionals.
Given the knowledge evidenced by the MAI, FRICS, CFA, CRE, and CCIM designations, Situs RERC® appraisal professionals are able to expertly address nearly any property-related valuation challenge. All appraisals adhere to best-in-class standards and guidelines established by the Appraisal Foundation, the Appraisal Institute, and the NCREIF PREA Reporting Standards.
Whether it is providing expert witness testimony for a dispute about a trophy office building in one of the largest cities in the U.S., appraising a corn processing plant in the Midwest, providing an economic damage estimate for a golf course and resort in Mexico, or preparing a market study on land with oil and mineral rights for an issue over eminent domain, Situs RERC® professionals are experienced in appraising all commercial properties and in nearly every major market in North America.
With experience performing valuations at several major accounting firms, Situs RERC® has the regulatory and auditing knowledge to skillfully value properties for financial reporting purposes. This includes having the necessary proficiencies and perspectives to assist clients in estimating fair value for their investments in real estate and the instruments secured by real estate.
Situs RERC® is an SEC-registered investment advisor
Situs RERC® is experienced appraising every major property type and most specialty property types
Valuation in compliance with the U.S. GAAP and IFRS requirements
Over $100 billion in assets valued quarterly
Situs RERC® is AMC-licensed in most U.S. states
Critical, independent review of appraisal reports
Service all property types and all regions, specializing in portfolio and complex assignments
Fairness opinions on partnership buyouts, related party transactions, recapitalizations, mergers and acquisitions, public-to-private transactions, and advisory opinions to support corporate board decisions
Licensed AMC to provide full-service solution (ordering, reviewing, reporting, analytics) to both debt and equity clients to support underwriting or financial reporting process
Expert witness reports and testimony for any real estate dispute, including those related to economic damage estimates, tax appeals, eminent domain, bankruptcy and reorganization, and foreclosures/defaults
Property value experts for many private, public, and government agencies
Independent valuation throughout the capital stack for both payable (borrower) and receivable (lender) positions
Services include appraisals for purchase price allocations and IFRS valuations in accordance with IFRS13 and USPAP. Understanding the intricacies of the various property types and accounting standards is key to assisting domestic and foreign-based clients with their fair value reporting needs
Post Great Recession, there is a continued global economic slowdown, new cultural shifts and the Federal Reserve is raising the federal funds rate just as other central banks increase their quantitative easing, but there are a number of opportunities as well.
Bank appraisal management staff resigned just prior to the real estate market rebound. Situs provided a comprehensive solution that leveraged outsourcing, staffing, and technology to rebuild the appraisal management team without business interruption.
The Brexit was a seismic event politically, culturally and financially. As soon as the markets opened, the impact was felt immediately. Situs RERC's Ken Riggs looks at the Brexit and what it could portend for the global investment landscape.
Valuation Advisory Services are provided by RERC (Situs RERC) an SEC-registered investment advisor. The firm handles no investment money, and thus acts only as an independent consultant or independent fiduciary.