Whether it is a single asset or a portfolio, we provide independent real estate valuation and consulting across ownership and lease interests. Our work supports buy, sell, and lease decisions, financial reporting, tax planning and reporting, and dispute matters.
Real estate is often part of a larger transaction involving businesses, intangibles, and equipment. Our real estate team collaborates with Marshall & Stevens’ multidisciplinary professionals to deliver coordinated analyses and a single defensible valuation narrative.
While we value assets across core property types, we are particularly recognized for specialized expertise in:
We provide valuation services across core property types, including Office, Industrial, Retail, Multifamily, Self-Storage, Hospitality, Senior Housing, and Healthcare.
Valuations for healthcare-related real estate, including medical office buildings (MOBs), senior living, hospitals, and clinics.
Valuations for hotels, casinos, and resorts.
Valuations for stadiums, arenas, training facilities, transmission studies, and television and film production studios.
Marshall & Stevens serves a diverse client base including public and private companies, investors and funds, financing sources, and trusted advisors. Regardless of purpose or property location, our real estate valuation and consulting services comply fully with applicable state and federal requirements and deliver the clarity and independence needed to make critical real estate decisions with confidence.
Beyond traditional appraisal, we provide real estate valuation consulting, transaction advisory support, and litigation services for complex financial, legal, and tax processes. Our work is supported by meticulous documentation and independent, defensible conclusions.
Marshall & Stevens meets the IRS’ “Qualified Appraiser” standard, valuing real estate, businesses, intangible assets, and equipment for estate and gift tax reporting purposes.
Financial reporting compliance requires a determination of fair lease rate.
A large percentage of transactions include lease agreements that are not at current fair market value. This is more often the case when the owner of the business is also the owner of the real estate.
In the acquisition of a medical practice, for instance, the acquiror must not pay a higher than market rate to acquire or lease the property from the seller.
Real estate should be looked at strategically for potential beneficial tax reporting, financial reporting, depreciation including cost segregation and bonus depreciation, financing including sale leaseback, etc.
For financial reporting, the value of acquired real estate needs to be allocated to land, building and improvements, and intangible assets.
The fair market value of acquired real estate is often much higher than the seller’s capitalized basis and the allocation between land (not depreciable) and improvements (depreciable) is often different than what the assessor has determined.
Marshall & Stevens provides Fairness and Solvency Opinions, valuation analyses, investigative accounting, and expert witness services to assist public and private clients with their important transactions and litigation matters.
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