October 8, 2019

Commercial Real Estate Executives Look Ahead to 2020

Commercial real estate executives hold widely divergent views about how the CRE sector will perform over the next 18 months, reported Deloitte, New York. The firm surveyed 750 CRE owners/operators, developers, brokers and investors in 10 countries in its 2020 commercial real estate outlook. It found 15 percent of respondents called themselves very optimistic, 61 percent somewhat optimistic, 14 percent neutral and 10 percent somewhat pessimistic.
October 24, 2019

Appraisers Provide a Wide Variety of Services, Appraisal Institute Says

Hiring a Designated Member of the Appraisal Institute can provide a broad range of benefits to commercial and residential clients, the president of the nation’s largest professional association of real estate appraisers said today. “When hiring a valuation professional, clients should first understand the role of an appraiser,” said Appraisal Institute President Stephen S. Wagner, MAI, SRA, AI-GRS. “The appraiser’s role is to provide objective, impartial and unbiased opinions about the value of real property — helping those who own, manage, sell, invest in and lend money on the security of real estate.”
October 30, 2019

PATJO Staff member (Susanne Lyon) as featured professional in RICS magazine

As a senior-level valuation expert in New Jersey, U.S., Susanne Lyon-Josephs values the link that RICS has provided throughout her career, including as an assessor for candidates seeking the APC designation. “When hiring a valuation professional, clients should first understand the role of an appraiser,” said Appraisal Institute President Stephen S. Wagner, MAI, SRA, AI-GRS. “The appraiser’s role is to provide objective, impartial and unbiased opinions about the value of real property — helping those who own, manage, sell, invest in and lend money on the security of real estate.”