Appraisal Matters

Blog of ValuStar Commercial Appraisers and Consultants

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Entries from August 2008

The Deceptive Marina Occupancy Rate

August 15th, 2008 · 1 Comment

As the “Riddler” might say, “Riddle me this:  when is an occupancy rate not an occupancy rate?”  When it’s a Marina occupancy rate.  Better yet, when there are two marina occupancy rates.
When we inquire about competitive marina occupancy rates, there are two ways participants can respond.  They can cite the average occupancy for the entire [...]

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Tags: Marinas

Marina Market Position and Marginal Demand

August 10th, 2008 · No Comments

As I go about surveying marinas as part of our market analyses, one question I ask of owners/managers seems to surprise them.  When I ask them what their market position is, I usually get an answer that is a question, like “what do you mean by market position?”  Marina owners/managers are savvy and know what [...]

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Tags: Marinas

MIT Center of Real Estate/Moody Don’t Like What they See

August 6th, 2008 · 3 Comments

Breaking News

Transactions-Based Index (TBI):
2008 Q2 Update
August 5, 2008

Results for the 2nd quarter of 2008 show a 2.7% decline in the capital return for the properties sold in the NCREIF database. The demand-side index continued to fall, by 2.7 percent and the supply side of the market also decreased its reservation prices by 2.8 percent in [...]

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Tags: Current News