Seattle Monorail
Appraisal, Mediation, and Trial Support
Appraisal of 11 properties for acquisition, as well as valuation of air rights for other parcels, followed by mediation and trial support. Also, the preparation of a study to asses the potential effect of the monorail on property values including potential damages and special benefits. Primary topics addressed in the course of this study include the impacts of view, light, air, access, vibration and station design.
Seattle
Existing monorail and elevated rail lines examined in the course of this assignment include:
5th Ave Seattle
Portland
Vancouver
Beaverton
For Seattle Monorail Project
Songbird Litigation
Subdivision in Sellout
Appraisal consulting services for Chapter 11 bankruptcy proceedings. Court and collateral documents reviewed, along with various appraisal reports. Research conducted to better understand the local housing market and advise client regarding debtor’s use of cash collateral. Address questions of highest and best use, market value of absorption. Plan with attorneys relative to court hearing and testimony.
Issaquah
Fronting NW
Gilman Blvd
50,575 sf
For negotiations regarding the option to renew the existing land lease
Bremerton Waterfront Parcels
Development Site
Two waterfront parcels located adjacent to the new Bremerton Marina, and within walking distance of the Ferry Terminal. Value indications analyzed in the course of the Sale Comparison Approach included local and regional transactions.
Vancouver, Washington
Located in Felida neighborhood
26 unit single family residential subdivision