Newmark VA Brochure 2022 - Flipbook - Page 19
Residential
Combining advanced valuation methods with leading technology, our Residential group powers forwardthinking decision-making for institutional and private lenders as well as investors, builders and developers.
Our practice offers a versatile, individualized approach to acquisition, disposition, development, financing,
underwriting and investment decisions relating to development properties.
The Residential team brings a nuanced understanding of valuing this highly complex asset class, with
experience working through the economic cycles that impact accompanying development cycles. Our
detailed valuation and market analysis features cash flow modeling from the entitlement process to the
development process to the sellout analysis. Our Residential platform services include acquisition and
development, absorption analysis, and CDD bond and infrastructure development modeling. We also offer
analysis of vertical construction for builder lines of credit and residual land analysis.
Residential Build-for-Rent:
Residential Development:
Single-Family Build-for-Rent
and Acquire-to-Rent (SFBFR,
B2R, BTR, BFR)
Raw Land for Acquisition and
Development
Single-Family Rental Portfolio
Valuation (SFR)
Townhome, Detached, Duplex,
and Villa Rentals
Finished Lots (Partially Developed,
Remaining Inventory, Excess Land)
Mixed-Use Projects
Master Floor Plan Valuation
Urban Redevelopment
Master-Planned/Planned Unit
Developments (Traditional
& Adult-Active)
Infill Development
Subdivisions (Single-Family
Detached & Attached)
Retail Petroleum & Restaurants
Newmark Valuation & Advisory’s Retail Petroleum & Restaurants team members have appraised more
than 115,000 convenience stores and restaurants, delivering expertise in all elements of value: real estate,
equipment and business intangible.
The retail petroleum and restaurant markets are closely related, as they are increasingly operated by the
same entities, competing for the same sites and borrowing from the same specialist lenders. However,
they exhibit important differences in their profit and loss statements. Our team boasts expert knowledge
of the charts of account for these two verticals and their industry benchmarks.
Mortgage lending is the most common intended use for our Retail Petroleum & Restaurants appraisals.
Lenders are typically focused on real estate values and appreciate the market’s emphasis on store
economics for evaluating a tenant’s ability to afford their lease obligation. Our specialized appraisers are
experts in relating store economics to real estate economics when appropriate.
Our practice also includes business valuers who can develop a single opinion of value for a company
composed of many stores, and our business value technicians are skilled at providing ASC 805 purchase
price allocations. We are equipped to handle the entire allocation across identifiable intangible assets and
unidentifiable intangible assets. Estate planners often engage our business valuers to develop defendable
discounts for lack of control and marketability.
We provide valuation and advisory services for a wide range of property types, including:
Retail Petroleum:
Convenience Stores/
Gas Stations
Service Stations
Restaurants:
Car Washes
Quick-Service
Casual Dining
Truck Stops
Fast-Casual
Fine Dining
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