Real estate is a critical strategic resource, and our business is founded on the premise that valuation expertise represents one of the single most significant elements required in real estate investment activity. We assist our clients with single assets to major national real estate portfolios, either underwriting the property cash flows for disposition or providing due diligence for third-party purchasers.
FTI Consulting has senior level professionals with valuation credentials such as MAI, FRICS, MRICS, CRE CPA/ABV, CFA, ASA and CDBV. Our senior valuation professionals are experienced in the valuation of real estate, business enterprises, debt and equity investments, tangible and intangible assets and have performed valuation assignments for a multitude of purposes.
Identifying The Need For Valuations
Real estate valuation or appraisal is the practice of developing an opinion of the value of real property, usually its market value. The need for appraisals arises from the notion that no two properties are identical, and all properties differ from each other with regard to location, one of the most critical determinants of value. There is no centralized auction setting for the trading of property assets, such as there is for the trade of corporate stock. The absence of a market-based pricing mechanism requires the expertise in appraisal/valuation of real property assets and debt.
Types of Opinions
In addition to providing opinions of market value, we have extensive experience providing opinions of the following:
- Value in-use
- Investment value
- Insurable value
- Liquidation value
- Partial interest value