Valuations and Audits
The rigor applied to core market and financial analysis for new development is applied equally to valuations and audits of existing assets. Sometimes involving a full appraisal, engagements are designed to establish a value for a change in ownership, a joint venture partner, or equity investor, and may involve establishing reasonable value expectations associated with a planned repositioning of an asset, change in management structure, expansion, or redevelopment. Examples include:
- Valuation of all operating businesses (golf, marina, retail, lodging, etc.) and residual real estate, Horseshoe Bay, TX
- Valuation of all operating departments, Northstar Ski Area, CA
- Operational Audit, Presidio Golf Club for the Presidio Trust, San Francisco, CA
- Valuation of Ragged Mountain Resort, Bristol, New Hampshire
- Valuation of 17,000 acres of zoned development land surrounding Moosehead Lake, Maine, for Plum Creek Timber