Real Estate Valuation and Strategy: A Guide for Family Offices and Their Advisors

Acknowledgments                                            

1    The Real Estate Valuation Cycle                                 

2    A Simple Real Estate Investment Example                       

3    Reflecting on Why We Buy Real Estate                          

4    Valuing the Personal Residence                                

5    Valuing Rental Property                                       

6    Approaches to Value                                          

7    The Paradox of Highest and Best Use                         

8    Various Other Tools and Techniques                           

9    Valuation Quirks and Traps                                   

10   A Deep Dive into the Sales Comparison Approach:
Residential                                                 

11   A Deep Dive into the Sales Comparison Approach:
Income Properties                                          

12   Income Approaches to Value                                 

13   Reproduction Cost Analysis                                                                                                                                  
                       
14   Reconciling the Various Approaches                          

15   Valuing Raw Land for Income or Development                 

16   Valuing Raw Land for Collectible or Personal Use              

17   Real Estate and the Family Business                          

18   Brownfields                                                

19   REITs, 1031s, Limited Partnership Interests,
and Tenancy in Common                                     

20   Special Topics Frequently Encountered by Family Offices        

21   Some Final Points to Ponder                                 

Notes