Retail News Blog

Commitment to the Arizona Market Highlights Continued Growth of Firm
PHOENIX, AZ – PGP Valuation, Inc. (PGP), the industry-leading real estate appraisal firm with offices worldwide, has announced that Phil Steffen, MAI, has been named executive managing director of the firm’s new office opening in Phoenix, AZ. Steffen is a recognized member of the valuation community [...]

Establishment of Senior Leadership Role Highlights Company’s Dedication to Expanding Services for Government, Institutional and Corporate Accounts
CARLSBAD, Calif. – PGP Valuation Inc., the industry-leading appraisal services firm with offices worldwide, has announced that Lance W. Doré, MAI, FRICS, has been appointed to the newly created position of Vice President, Client Services. In his new corporate [...]

Ask yourself this simple question:  What will the world look like for my children’s grandchildren?  This is not a question about politics or global warming. This is a question about the legacy we leave.
The real estate industry is responding quickly.  “Sustainability”, “LEED”, “carbon credits”, “cap and trade” are terms that are rapidly infiltrating our day [...]

On April 15th, we posted an article that described some of the financial difficulties that Walgreens is experiencing, and how this company is retooling to ensure long-term sustainability given current economic conditions. The recent struggles with this company along with scarcity of loan dollars and decreased market demand for all triple net properties are causing [...]

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Capitalization rates reflect the degree of risk associated with an investment. Net operating income divided by the capitalization rate equals value.
Beginning in 2008, and carrying over into 2009, market conditions have led to a noticeable increase in capitalization rates.  These trends are a function of increased risk perceived by investors and more stringent lending conditions [...]

Joe began his career with Anderson Consulting and BDO Seidman on the real estate side and also served as a director of marketing for Lee & Associates. He moved back over to the consulting world with a 7 year stint working for the major international brand strategy firm, Siegel & Gale. He ran their L.A. and Pacific Rim [...]

“VALUATION TECHNIQUES FOR COMMERCIAL REAL ESTATE AMIDST A WORLD OF CHANGE”
Introduction

There is broad sweeping change in the mindset of the World economy caused by the credit crisis, economic downturn and long-term uncertainty, which is having a profound impact on the real estate market. Our job as appraisers is to interpret what is occurring in the [...]

Click below to see a map of all PGP Valuation offices across the United States.

Way back in November 1996, Oregon voters passed Measure 47. This was a constitutional amendment popularly referred to as the “cut and cap” tax reform act. The “cut” aspect of the legislation referred to a reduction in taxes for the 1997-98 tax year calculated as the lesser of the 1994-95 taxes or 90 percent of the 1995-96 taxes. Bonded debt would be exempt from the calculations. The “cap” aspect of the measure restricted growth in taxes to no greater than 3 percent annually after the 1997-98 tax year.

With unemployment rates soaring — it’s time to take a deeper look into recent job layoffs. I scoured the press releases from the past few months and while this list may not show all of the recent layoffs, it is the result of a comprehensive search. The most upsetting part about the list is that [...]