We take pride in being independent, avoiding conflicts of interest
arising from collateral activities such as accounting, brokerage,
construction and development. We do not accept commissions or contingency
fees. Other professional disciplines are comfortable referring clients
and sharing information with us; knowing we will not compete with
Advisory Services/Strategic Planning
We can act as independent financial advisors regarding real estate
decisions. Whether driven by financial reporting requirements
or strategic planning needs, when fair market value is required,
it is important to have unbiased professional service. Our self-contained
reports are designed for presentation to the Board of Directors,
SEC, bondholders, creditors, stockholders and/or government agencies.
Architectural Design Review
Architects design buildings. We provide owners an understanding
of market trends so that the building optimizes value. Market
feedback encourages tweaking designs to increase rents/prices
and reduce construction costs. The result is absorption and profit.
Desk Reviews, Drive-By’s & Due Diligence
Need a quick answer from a trusted expert? Call us. The decision
is yours; but we can provide the expertise that will save you time
and improve the quality of your decisions.
Economic Impact Studies
We have completed Economic Impact Studies on projects such as Trump
Tower Chicago and Columbus Hospital. When government agencies
require you to have the answer, we can provide the third-party
Asbestos, groundwater contamination, heavy metals, and landfills
all affect real estate value. We understand the issues and provide
unbiased analysis for defendants, plaintiffs, owners and purchasers.
Feasibility/Highest & Best Use Analysis
A proposed project may be possible and permitted, but often, only
an analysis based on market facts by a third-party professional
will convince a lender, equity investor or government agency.
As the largest independent commercial appraisal firm headquartered
in Chicago, our staff are in the trenches and have the knowledge
and expertise you demand.
We have prepared market supported valuations on a retrospective
basis as far back as 1924. Our files go back to 1958. We can
document market data and trends to the beginning of the 19th
We also have the expertise to delve into the details and untangle
the myriad of issues involved in appraisal review for litigation
Housing Demand Analysis
We have been involved in the analysis and valuation of the majority
of new construction occurring in Chicago over the last thirty
years. We can prepare Need and Demand, Housing Demand Analyses,
Economic Impact Studies, Feasibility and Highest and Best Use
We respect the expertise of our clients and we know that sometimes,
all you need is a trusted professional to act as a sounding board.
Call us today.
Markets evolve. Our market studies identify the primary competition
and analyze specific properties against the backdrop of the marketplace.
Reports are prepared for owners, investors, lenders and government
Each site has multiple development options. The differences in
returns between some of the schemes may be slight. Final decisions
will likely be based on varying capital requirements and perceived
risk. We can help you map out the alternatives in a consistent
Real estate is taxing. Our analysis focuses on market value, and
we work comfortably with both owners and assessors as well as
with estate, donation and minority interest issues.
Tenant Lease Analysis
Should your brokerage firm be providing your counseling? We can
provide the impartial expertise that will save you time and improve
the quality of your decisions.
Testimony regarding valuation issues is provided on a regular basis
by our staff professionals. Assignments range from simple appearances
before the board to complex litigation