Hotel Valuations & MAI Appraisals

Most lenders and owners need to know the current value of their hotel in order to make knowledgeable and effective distressed asset decisions. With over 200 hotel appraisals completed:

• Our expert MAI appraisal staff can conduct asset or residual land valuations and fully qualified FIRREA appraisals.
• Our affiliated, national real estate brokerage firm can also complete broker opinions of value.
• We can review appraisals by others in view of our broad hospitality experience.
• We can help with property tax appeals.

As property values have decline precipitously over the past couple of years all property owners should take steps to have their property taxes abated. The first thing to do is to retain us to prepare an appraisal of your property and work with your property tax consultant to present a compelling case to your local property tax authorities that will justify an immediate reduction in your property tax bill. The reduction is more likely to occur if the appraisal is prepared by our highly qualified appraisal staff composed of hotel experts.