We’ve talked a few times about trends in the brewing industry, as well as the unique circumstances appraisers face within it. Recently, we were invited to give a presentation on appraising Brewery Equipment by the Appraisal Institute’s South Carolina Chapter. You can find our full presentation here, but we also wanted to share some highlights.
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Should a lender rely upon a commercial real estate appraisal when pieces of machinery or equipment are also part of the collateral assets? Oftentimes, a commercial real estate appraiser or equipment appraiser who does not have extensive experience in the industry will rely upon trend table estimates to approximate values of the equipment assets which
Read More...In most instances when our clients request a machinery or equipment appraisal it is assumed that a site visit will be part of the engagement. While site visits are generally part of the appraisal process, under the right circumstances there is a second option. That option is called a Desktop Appraisal. Desktop Appraisals are USPAP
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