#realestate

Best Practices for the Analysis and Intrinsic Valuation of Commercial Real Estate Investments

Best Practices for the Analysis and Intrinsic Valuation of Commercial Real Estate Investments

While the practice of financial valuation encompasses all quantitative approaches and methods for the analysis and valuation of asset-based investments, most literature and commentary on the subject focuses on corporate and business financial analysis and valuation as opposed to specific approaches and methods for commercial real estate analysis and implied property valuation. In this article, we want to focus on best practices to improve the validity and reliability of commercial real estate analysis and valuation utilizing Income Approaches.

Approaches and Methods for the Equity Valuation of Wineries

Approaches and Methods for the Equity Valuation of Wineries

The value of a winery is not predicated on a simple, static formula or method as many inexperienced or unqualified valuation analysts would have you believe.  On the contrary, the valuation of a winery requires a solid understanding of how it has created value historically, and how it plans to create value in the future, as well as an understanding of the essential conditions of the industry in which the winery competes.  The value of a winery also requires the inclusion of an appraisal of any vineyard land owned by a winery, separate and distinct from the value of the winery business, in order to arrive at a consolidated valuation for a winery.