Alternative Valuation Solutions shutterstock 2260960137

Alternative Valuation Services

Newmark Alternative Valuation Services combines deep industry expertise with wide geographic reach, offering clients appraisal reviews, cost segregation, evaluations, and insurable value reports for both individual assets and global portfolios

Overview

Our extensive network allows us to serve owners, investors, developers, financial institutions, and insurance companies worldwide.


Our Core Services

Newmark Alternative Valuation Services primary offerings include:

Appraisal Reviews

Appraisal reviews are important risk management tools to reinforce clients’ confidence in appraisal reports and are critical for regulated institutions’ compliance with the requirements of federal agencies. Newmark’s Appraisal Review team includes professionals with a broad range of geographic and property-type expertise, as well as in-depth knowledge of a wide range of appraisal standards and regulations.

Applying this experience and deploying our robust database and industry resources, our Appraisal Reviews feature:

  • Objective, unbiased opinions about the quality of the appraisal report
  • Conclusion about its fitness for the intended use
  • Adherence of the appraisal to USPAP and other industry standards
  • Compliance of the appraisal report with FIRREA and other regulatory standards

Our review reports comply with the USPAP Standard 3 and are delivered in a concise, standardized format that is clearly written and highlights salient issues. Reports can also be tailored to meet individual client needs.

Cost Segregation

Providing cost segregation analysis on new cost basis properties to reduce income tax obligations for buyers, developers, owner-operators of newly developed/acquired properties and estate planning attorneys/heirs.

Evaluations

An “Evaluation” is a term identified in Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) promulgated by banking regulators in 1989. An evaluation, from a regulatory perspective, is intended as a concise valuation that is appropriate for certain relatively low-risk loans. The succinct report format and reliable third-party property inspections allow us to provide cost-effective, dependable value solutions whose features include:

  • USPAP and FIRREA compliance
  • Exceeds regulatory guidelines for Evaluations
  • Low cost
  • Quick turnaround
  • Ample data and analytics for the reader to understand and be confident in the value estimate
  • Experienced appraisers with substantial local and/or property-type expertise
  • Superior market intelligence via our proprietary database and extensive third-party information sources
  • One-stop national coverage

While well-suited for low-risk, low-complexity assignments, this tool can be applied to more complex projects as well. It is also compatible with portfolio valuations and other types of appraisal requests.

Each Evaluation assignment is led by a single-point of contact, ensuring quality control, robust communication, reporting consistency and proper client care. Our custom technology platform makes use of the firm’s proprietary database as well as a wide range of specialized valuation-related tools and resources. Equipped with the most advanced tools in the industry, we develop a well-supported value opinion that empowers our clients to make decisions with confidence.

Insurable Value

V&A’s Insurable Value team of experts understands the importance of insurable value estimates for commercial real estate, especially given the rise in natural disasters and weather-related incidents over the past several years. Insurable value estimates are an integral part of the operation of commercial real estate, and their importance has increased markedly as a result of these events. As such, we are dedicated to providing unbiased, accurate reports that exceed regulatory and industry guidelines, with quick turnaround times. Our insurable value estimates are:

  • Prepared by experienced appraisers with substantial local and/or property-type expertise
  • Designed to meet the requirements of insurance companies and state regulations
  • Based on the most current construction cost data in the market
  • Delivered with one-stop national coverage
Machinery & Equipment

V&A’s Machinery & Equipment group is a team of highly experienced industry appraisers with more than 15 years of experience valuing machinery and equipment for both domestic and international entities. Our talented professionals have expertise in a vast array of industries including consumer and industrial products, printing, pharmaceutical manufacturing, telecommunications, energy and natural resources, automotive, food and beverage processing, retail, hospitality and healthcare.

The Machinery & Equipment team is equipped with proficient field experience, extensive industry knowledge and analytical modelling skills to ensure delivery of robust and timely deliverables. Our team’s capabilities extend beyond financial reporting to providing appraisals for transaction consideration, insurance requirements, financing and loan collateral support, asset disposition and liquidation analysis, property and transfer tax support, internal planning, fixed asset inventory and management, and litigation support.

Bubble Chart Graphic Alternative Valuation Services Revised 2