Sentences with phrase «purpose properties»

The term "Purpose Properties" refers to a type of real estate investment that is designed to generate social, environmental or financial benefits in addition to its primary function as a source of income. Full definition
It has completed appraisals on a wide range of property types, including office, retail, industrial, multi-family residential, land, hotels, self - storage facilities and special purpose properties such as car washes, gas stations and auto dealerships.
Owners of single - purpose properties such as broadcast facilities, churches, and fast - food restaurants regularly consult with our attorneys well in advance of the «taking» to ensure they are legally protected at every step of the process.
0 N Market / Hwy 1 North Hwy is aspecial purpose property for lease in Shreveport, LA.
While special - purpose properties certainly exist, these assessors» arguments typically fail in three ways.
Even many of those at commercial real estate corporations haven't yet bothered to analyze the various impact scenarios on their business, whether it's diminishing demand for industrial space or clients» needs for special purpose properties or robot - friendly infrastructure.
This section defines general - purpose properties that allow Authors to express package - level rendering intentions (i.e., functionality that can only be implemented by the EPUB Reading System).
North Coast Financial provides residential hard money loans for multi-family residences and single family residences but are also able to provide commercial hard money loans for commercial, healthcare, hotels, industrial, office buildings, retail and special purpose property.
North Coast Financial provides residential hard money loans for single family residences and multi-family residences but are also able to provide commercial hard money loans for commercial, industrial, office buildings, healthcare, hotels, retail and special purpose property.
North Coast Financial primarily provide residential hard money loans for single family residences and multi-family residences but are also able to provide commercial hard money loans for commercial, healthcare, hotels, industrial, office buildings, retail and special purpose property.
While primarily residential hard money lenders providing loans again single family residences and multi-family residences, North Coast Financial are also able to provide commercial hard money loans for commercial, industrial, office buildings, healthcare, hotels, retail and special purpose property.
North Coast Financial are able to provide Riverside hard money loans for several different property types including single family residence, multi-family residence (hard money residential loans), commercial, industrial, special purpose property, office buildings, healthcare, hotels and retail (commercial hard money loans).
North Coast Financial provides residential hard money loans for single family residences and multi-family residences but are also able to provide commercial hard money loans for commercial, industrial, retail, healthcare, office buildings, hotels and special purpose property.
North Coast Financial is able to provide hard money loans in Thousand Oaks for various property types including single family residences, multi-family residences, commercial, industrial, special purpose property, office buildings, healthcare, hotels and retail.
commercial, industrial, office buildings, healthcare, hotels, retail and special purpose property.
North Coast Financial are primarily residential hard money lenders for single family residences and multi-family residences but are also able to provide commercial hard money loans for commercial, hotels, industrial, office buildings, special purpose property, healthcare and retail.
Our healthcare attorneys specialize in managing the complicated processes involved in acquisition and sale of regulated facilities and single - purpose properties, including completing transitional agreements between operators, transfers of licensure with State and Federal Agencies and handling the sensitive and technical negotiations concerning lease assignments and renewals.
He has a broad knowledge of the valuation of all types of residential, multi-residential, commercial, industrial and special purpose properties, the AIC says.
In that case, Southern Minnesota Beet Sugar Coop vs. County of Renville, the Court acknowledged that if market transactions exist and shed light on the value of a special - purpose property, it should be considered even if adjustments must be made to account for differences between the comps and the subject property.
By definition, special - purpose properties are a subset of limited - market properties; they are not synonymous.
In general, special - purpose properties are a subset of limited - market properties, which are a small subset of commercial properties.
Assessors typically argue that special - purpose properties may only be valued using the cost approach; that market comparable sales may not be used to value special - purpose property, and / or that the value of the special - purpose property is so intimately tied to the property's owner or user that the assessor must use income from business operations (as opposed to rents) to value the property.
In Ford Motor Co. vs. Township of Edison, the New Jersey Supreme Court in 1992 concluded that an automotive manufacturing plant was a general - purpose property, even though it was constructed with heavy steel framing, paint booths, baking ovens, massive boilers, terrazzo amenities, and electrical, steam and plumbing infrastructure that exceeded normal industrial requirements.
Thus, special - purpose property is both a limited - market property and a property having a unique physical design, special construction materials or a layout that restricts it to the use for which it was built.
Just as it is wrong to refuse categorically to consider market transactions when valuing special - purpose property, it is inappropriate to consider taxpayer - specific income data reflecting more than the value of the real property.
Among those arguments and methods, assessors increasingly contend that manufacturing and other commercial properties are «special - purpose properties,» and therefore the property tax assessments on these assets should exceed the value that would result from the use of traditional market data.
Third, even when a property is a special - purpose property, assessors often value the wrong interest, valuing more than the fee simple real estate, for example.
For example, while it may be true in a given case that there are few or no comparable market transactions for a special - purpose property, this is not an appraisal rule or point of law.
The Dictionary of Real Estate Appraisal defines special - purpose property as «[a] limited - market property with a unique physical design, special construction materials, or a layout that restricts its utility to the use for which it was built; also called special - design property.»
Given the tenuous link between manufacturing income or business income and the value of a special - purpose property in which the manufacturing occurs, taxpayers can — and should — object to the assessor's use of such income information to value the real property, even if it is a special purpose property.
First, they erroneously confuse limited - market property with special - purpose property.
Other cases reinforcing this concept include a 2015 decision in Certain Teed Corp. vs. County of Scott, in which a Minnesota tax court rejected the contention that a shingle factory was a special - purpose property; and TD Bank vs. City of Hackensack, a 2015 case in which a New Jersey tax court rejected an argument that a bank branch is a special - purpose property.
The facts of a New Jersey case illuminate the difference between properties with special features and special - purpose properties.
The Investor Survey encompasses a total of 32 income producing property types in 11 categories including: apartments, golf courses and country clubs, health care and senior housing, industrial buildings, lodging facilities, mobile home and RV parks, office buildings, restaurants, special purpose properties, retail centers.
The case studies build upon foundational appraisal principles in examining a wide range of valuation assignments, including: business valuation, machinery and equipment, hotels, impaired properties, market analysis / feasibility studies, and an assortment of special purpose properties.
The REALTORS ® Land Institute is the leading membership organization for land specialists involved in brokerage, sales, consulting, appraisal, development, site selection, marketing, and management of a large range of land property, such as agricultural land; ranches; recreational land; hunting property; timberland; underdeveloped tracts of land; and special purpose properties.
Getting the best appraisal value for your investment - purpose property is crucial to securing any necessary financing and ensuring that you will be able to eventually sell it for the maximum profit.
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