Sunday, September 24

Economic Climate Warrants Market Analysis

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The current economic conditions and climate impacting the nation has begun to influence financing efforts and viability of commercial real estate in upstate New York.  We have found over the last six months that many clients are requesting market analysis services, and highest and best use studies for parcels prior to advancing to a financing decision. We highly recommend that this be undertaken, and GAR’s team of experienced appraisers and market analysts can provide a wide variety of services. Scott Allen and Brian Smith concentrate on market analysis applicable to housing projects, Franz Ross provides business valuation services and analysis for unique business related real estate such as hotels and assisted living developments, and Ronald Rubino is adept at analyzing and evaluating prospects for a wide variety of general commercial properties.

 

In today’s sensitive economic times, we highly recommend that an analysis be undertaken before aggressive decisions are made pertaining to commercial real estate development. Please contact Scott Allen at (716) 691-7100 Ext. 3019 or sallen@garappraisal.com or Ronald Rubino at (716) 691-7100 Ext. 3027 or rrubino@garappraisal.com for information pertaining to our various services.

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