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Valbridge Property Advisors Fireside Chat with Arthur Schwertz


In the latest Valbridge Property Advisors Fireside Chat, Arthur Schwertz, MAI, Senior Managing Director, Valbridge Property Advisors | South Louisiana, talks with Karl Finkelstein about the comparisons of appraising after Katrina vs. appraising in current market conditions during COVID-19. Arthur emphasizes the importance of having an expert appraiser in times like these, who understands historic market trends and can make informed predictions on what’s to come.

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Valbridge Employee Spotlight

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The Louisiana Hospitality Market and the Impacts of the COVID-19 Pandemic

By Arthur Schwertz, Senior Managing Director of Valbridge Property Advisors | South Louisiana

As the COVID-19 pandemic enters its fifth month, the effects on the Louisiana Hospitality Market can finally start to be measured and their impacts are staggering.  The Louisiana Hospitality Market (hotels, restaurants, arts/entertainment and recreation) accounted for 242,700 jobs in Louisiana[i] as of January 2020 according to the Louisiana Workforce Commission.  This represents 12.2% of all jobs in Louisiana, or simply put, 3 out of every 25 people in Louisiana’s work force are employed directly in the Hospitality market. 

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Valbridge Property Advisors Fireside Chat with Michele Wood


In our Valbridge Property Advisors' Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our fourth video chat with Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors, as he talks again with Michele Wood, Director of Research for Valbridge Property Advisors | Houston.

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Valbridge Property Advisors Fireside Chat with Michele Wood


In our Valbridge Property Advisors' Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our third video chat featuring Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors and Michele Wood, Research Extraordinaire for Valbridge Property Advisors | Houston. 

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Valbridge Property Advisors Guest Speaker Series with RCLCO's Brad Hunter


Valbridge Property Advisors Guest Speaker Series with RCLCO’s Brad Hunter

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"Cancel Rent" is Catchy, but Complicated

All economic landscapes are in flux right now; commercial real estate is no exception. Income properties face unique challenges as tenants are unable to make rent payments, threatening solvency and overall market stability.

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Old Words for a New World

There is no shortage of content these days. News stories in print, video, tweets and memes flood every possible media platform. Most contain thousands of words, and many, in these days of nearly singular focus, contain the same words over and over. It got me wondering — what do these words really mean? When I looked into it, what I found was a fascinating connection to the past and an oddly comforting assurance that what we are living through, though new to most of us (shout out to the 1918 Spanish Flu Epidemic survivors out there), was in fact, not new at all.

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Valbridge Property Advisors Fireside Chat with Anthony Mulé and Gary DeClark


In our Valbridge Property Advisors’ Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our eighth video chat with Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors, as he talks with Anthony Mulé and Gary DeClark, Valbridge Property Advisors | Chicago.

 

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Valbridge Property Advisors Office Spotlight | Northern California

Valbridge Property Advisors | Northern California  serves the San Francisco Bay Area, Central Valley, Central Coast, and northernmost regions of the state, covering a total of 48 counties. Since 1976, our team has provided appraisal and consulting services in lending, buy-sell decisions, merger and acquisition, estate planning, litigation support, leasing, and project feasibility.

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Fireside Chat with Karl Finkelstein


In our Valbridge Property Advisors' Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our second video chat featuring Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors.

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Fireside Chat with Laird Goldsborough and Karl Finkelstein


In Valbridge Property Advisors’ new Fireside Chats video series, our team of experts weighs in on the impact of COVID-19, providing CRE insights and market predictions. Watch our first chat, featuring Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors, and Laird Goldsborough, MAI, MRE, Senior Managing Director of Valbridge Property Advisors | Kansas City.

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Valbridge Employee Spotlight

I am originally from the NY/NJ area, I’ve been in Virginia for 30 years. I have a wife, Beth; and son: Matthew, who works for me; and a daughter, Cassie. I have a BS Finance from Penn State & an MS Real Estate & Construction Management from University of Denver. I’ve been appraising since 1988. Only career I’ve ever had. I appraise all type of real estate; mostly for mortgage and litigation. I’m also an instructor at Old Dominion University where I teach the Real Estate Valuation class & Chair of the ODU EV Williams Center for Real Estate.

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The True, the Bad, and the Ugly: Where we are in the Pandemic and what it's doing to Commercial Real Estate

The word “panic” has its root in the name of the Greek God Pan. Pan was a party god, drinking, chasing nymphs, and playing his eponymous pipe flute.  But like all who overindulge, Pan liked his afternoon naps, and if an unlucky soul happened upon him during one of his respites and disturbed his sleep, he would utter a spine-chilling shriek which induced a reaction of panikon deima, now shortened in English to “panic.” In the last few weeks, a viral plague has inadvertently disrupted the calm in our good times rest, and we are now hearing the panic cry. 

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Valbridge Property Advisors Fireside Chat with Michele Wood


In our Valbridge Property Advisors’ Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our seventh video chat with Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors, as he talks again with Michele Wood, Director of Research for Valbridge Property Advisors | Houston.

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AI and Machine Learning: Enhancing CRE Technology

A large focus of the commercial real estate market has turned to technology that can help better serve appraisers, landlords, owners and customers/tenants. It might be a bit of a stretch to think Google Home or Amazon's Alexa will be providing CRE insights anytime soon, but these days, more commercial real estate investors are utilizing artificial intelligence and machine learning to help produce forecasts and valuable insights on property performance, long-term tenant behaviors, and project development.

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Coronavirus: The Year of the Rat Brings Plague to People and Markets

In 2003, SARS, or “Severe Acute Respiratory Syndrome,” wreaked havoc in Asia and around the world, sickening 8,000 and killing 774. In its wake, it also cost the global economy around $40 billion. At the time, China suffered greatly, but soon recovered with almost no long term negative economic effects.

By: Michele Wood

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Valbridge Property Advisors Fireside Chat with John Penner


In our Valbridge Property Advisors' Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our sixth video chat with Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors, as he talks with John Penner, National Director of Interest Valuation for Valbridge Property Advisors.

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Clicks or Bricks? Retail Businesses Aren't Just Choosing One

In 2020, it is rare for a brick and mortar business not to have an online presence. It is important to supplement their storefront with dedicated online platforms, including a web-based marketplace, social media profiles, an email presence, and the like. This is the concept behind “clicks and bricks”.

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Working Mothers in Lockdown: COVID-19 Threatens More than Our Physical Health

A friend called the other day to get a plumber recommendation. She is married, the mother of two children ages 10 and 7, a full-time teacher at my daughter’s high school, and a department chair. About six weeks before the pandemic lockdowns had started, her husband had moved across the country ahead of his family to take a dream position in healthcare. The plan was for her and the kids to finish the school year and follow in the summer. Now in lockdown, she is the sole parent and caretaker of her two special-needs young children, moved all of her own classes to online, is overseeing the entire social studies staff of a 4,000 student high school and trying valiantly to sell a home in the middle of what might be the worst possible time to do that — especially here in Houston as the oil industry has collapsed and sent thousands of white collar workers to the unemployment line.

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Valbridge Specialty Practice Spotlight: Multi-Family Housing

It’s no secret there are more people now than ever who are living in multi-family residences. From traditional urban core developments to suburban student housing to rural tax credit deals, there are a multitude of dwelling solutions and types of financing in the marketplace. Valbridge has seen them all.

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Karl Finkelstein on Valuations in an Unprecedented Time

With the COVID-19 pandemic and resulting state-ordered lockdowns creating an operating environment like none other in living memory, real estate professionals find themselves navigating unfamiliar territory without benefit of a map. A case in point is valuation, especially in terms of determining future values: what formula can you employ when the near-term economic outlook comes with so many unknowns? Karl P. Finkelstein, senior managing director at Valbridge Property Advisors, describes the methods his firm is using to address that question.

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The Essential Role of IoT in Commercial Real Estate

The Internet of Things (also known as the IoT) is getting increasingly popular across all industries and disciplines. One of such industries is commercial real estate. But before we dive into IoT’s role and potential in CRE, it’s important that you understand how IoT functions in general and in different use cases. Let’s take a look.

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How Millennials Will Continue to Impact Real Estate in 2020 and Beyond

Millennials – commonly cited as those born in the 1980s and 1990s – have been a hot topic for the past decade across many industries, in part because they have become the largest U.S. generation in terms of population, the leading generation in the workforce, and make up almost all of the key 18- to 35-year-old advertising demographic.

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VPA Market Update April 2020


Financial markets are seeing dramatic impacts due to the novel coronavirus pandemic, and while the pandemic continues to be fought, no metric will be reliable to predict with certainty what value impacts will be. However, using trusted analytics resources we can better understand the ways in which past economic shocks have progressed which will help us better assess true risk associated with a particular CRE asset.

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2020's Top Commercial Real Estate Trends

The U.S. commercial real estate landscape is evolving. Our economy is experiencing its longest-running expansion in history, and that streak is lending greatly to a predicted path of steady growth for the CRE industry for 2020. Echoing that forecast, the Urban Land Institute and PwC’s recently released Emerging Trends in Real Estate 2020 report – findings via 750 individuals and 1,500 survey respondents – paints a picture of long-term economic growth that would be sustainable but slower as we head into the future.

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Valbridge Office Spotlight: St. Louis

We are proud to announce Valbridge Property Advisors | Indiana is expanding our territory and has opened an office in St. Louis, Missouri starting the beginning of this year. Valbridge’s desire to have national coverage with local expertise led us to an opportunity to expand our national coverage to include another major MSA in the US.

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Valbridge Employee Spotlight

I’m from Northeast Pennsylvania and after high school attended American University in Washington, D.C., graduating with a Bachelor of Arts Degree in Anthropology. After college, I stayed in the D.C. area for the next 12+ years and settled into metropolitan living. That is where I began my professional career, made lifelong friendships, and met my husband. Shortly after our son was born, we decided to get out of the daily grind and move back to Pennsylvania.  After the next five years of dealing with the bitter cold and dreary winters, as well as pot holes the size of craters, we decided to move to Naples, Florida in 2011.

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The Importance of Women in Commercial Real Estate

Strong women excelling in commercial real estate is more important than ever. It has always been important, of course, but more women getting involved in the appraisal process is starting to get the recognition it deserves. Valuation magazine recently announced the launch of The Appraisal Institute Women’s Initiative Committee, and it’s an example that Valbridge is proud to stand behind.

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Evolving Tech Trends in CRE

Tech advancements continue to shake up every industry; and commercial real estate is no exception. Sure, adopting new tech can be intimidating, and navigating the means for effectively and profitably implementing tech in CRE isn't always the easiest process; but there's no doubt that tech innovations will continue advancing, so embracing them is more or less imperative for the health and longevity of your CRE business.

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Valbridge Office Spotlight: Dallas

Valbridge Property Advisors | Dallas serves a large area of North and Northeast Texas.  The Dallas team of appraisers and consultants provide independent property valuation and consulting services of all property types.  Our services are for lending, development, litigation, estate planning, fractional interest valuation, assessment appeals, corporate acquisitions, and other intended uses.  We have significant experience in multi-family appraisal including a wide range of affordable housing programs.

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Valbridge Employee Spotlight

I have served in numerous real estate roles from fee appraising; banking as a Chief Appraiser; right of way and corporate real estate with a utility company; and general consulting.

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Data from a Plague Year: How Studies of the Spanish Flu Can Help Us See the Post-COVID-19 Future

If you have read the word “unprecedented” an unprecedented number of times in the last few weeks, you are not alone. These are uncharted waters for everyone and across the globe we are all attempting to grasp the magnitude and the implications of what is happening. One way to make sense of new situations is to look at prior events to find patterns. One event that seems especially relevant right now is the Spanish Flu pandemic of 1918.

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Valbridge Property Advisors Fireside Chat with Larry Colorito


In our Valbridge Property Advisors' Fireside Chats video series, our team of experts give an update on our operations and ongoing efforts during the current COVID-19 crisis. Watch our fifth video chat with Karl Finkelstein, MAI, VP Marketing and Business Development for Valbridge Property Advisors, as he talks with Larry Colorito, MAI, Senior Managing Director for Valbridge Property Advisors | Virginia.

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Valbridge Women's Coucil Member Spotlight

My professional career began in the Oil & Gas Industry in 2007 as an Independent Petroleum Landman.  I successfully researched and negotiated thousands of oil & gas leases, amendments, land use permits, and agreements before transitioning out of that field into my current role with Valbridge in 2016.

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