Valuation Advisory

Birch|REA has provided valuation services to our clients on a wide variety of types of real estate and property interests. We have developed the reputation of being able to handle difficult and/or unique assignments for our clients in addition to more traditional valuation problems. We attribute this to our superior analytical skills and our real world approach to atypical valuation problems.

Birch|REA is experienced in the appraisal of office, retail, residential, industrial, and special use properties including bio-tech research, shipyards, golf and ski resorts, railroad rights of way, and other unique properties. Special areas of the appraisal practice address tax abatements, net leased real estate, fractional interest valuations, as well as more traditional appraisals.

Domestic Lease Appraisals

Birch|REA’s professionals are knowledgeable in all areas of domestic lease financing. We are qualified to consult on topics such as economic useful lives, the projection of future values, appropriateness of proposed assets for leasing, and supportability of proposed lease terms. Birch|REA provides appraisal opinions for:

  • True Tax Leases
  • Single Investor Leases
  • Leveraged Leases
  • Off Balance Sheet Financing
  • Debt/Collateral Financing
  • End-of-Lease Negotiations
  • Portfolio Valuations
  • Advice on Standard Practices within the Leasing Industry
  • Valuation of Syndicated Assets

Cross-Border Lease Appraisals

Birch|REA supports a broad range of transaction structures used for cross-border leases and provides appraisal services for all major tax jurisdictions worldwide. We are active in both equipment and facility financings, with both public and private sector entities. We rely on our extensive knowledge of assets, the expertise of our professionals worldwide, and our ability to adapt to the needs of evolving lease structures to provide unparalleled service to our cross-border leasing clients.

We also provide customized opinions designed to satisfy the requirements of complex structured financial products. These include:

  • Probability Opinions
  • Discount and Interest Rates
  • Current and Future Values of Leasehold Interests
  • Other Specialized Opinions Required by Tax Counsel
  • Valuation Opinions

Birch|REA consultants have experience in all types of lease appraisal and other lease-related opinions, including:

  • Fair Market Value in Continued Use
  • Fair Market Value in Exchange
  • Orderly Liquidation Value
  • Economic Useful Lives
  • Purchase/Renewal Option(s)
  • Residual Value
  • Fair Rental Value