Appraising commercial properties in a declining market focus of one-day workshop on June 8
IAAO will offer Forum 909, a one-day workshop on "The Appraisal of Commercial Properties in a Declining Market" at 9 am on Tuesday, June 8.
Many areas are experiencing a decline in the value of their commercial and industrial properties for the first time in recent history. The workshop will explore the process for valuing properties that fall into this category.
The exploration of capitalization rates, vacancy calculations, and market rents are critical to this task. The impact and adjustment, utilizing the market approach, for time will also be discussed.
The cost of the one-day workshop is $179 for IAAO members and $199 for nonmembers. The course will be taught by Robert Reardon, CAE, FIAAO and will offer 7.5 hours of IAAO recertification credit.
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