Hotels, Resorts, Casinos, Restaurants, and Hospitality Properties Appraising hospitality assets requires many special appraisal skills. There is a great variety of hospitality assets. These assets include a combination of business intangibles, personal property and real property. Federal Appraisal is specifically qualified with its unusual mix of cross appraisal disciplines. Federal Appraisal has business, real and personal property appraisal experts. We have designated business and personal property appraisers, and we have designated and state certified (licensed) real property appraisers, all with years of experience working on hospitality. We appraise: hotels (all types) restaurant (all types) casinos resorts Our appraisals are utilized for: development, feasibility or market studies financing tax and investor reporting, IRS, depreciation, cost segregation, purchase price allocation, ASC 805 property tax assessment and appeals gift and estate tax acquisition or disposition due diligence

Shopping Centers, Malls, and Retail Properties Federal Appraisal frequently appraises retail properties: Locally In the tri-state area Nationally Internationally for various reasons, including but not limited to: Financing property tax estate and gift tax purchase price allocation and cost segregation litigation whether the retail is: an enclosed or open mall a super-regional or local mall a new big box or an old mixed-use building fee simple, leased fee, leasehold planned, existing, or needing repositioning

Industrial Buildings, Factories, Warehouses, Manufacturing Buildings Sometimes simple to appraise, the trick with industrial property appraisal is to first recognize when its complex. For example, warehouses and distribution buildings can be simple, but R&D and flex space add appraisal complexities. Special purpose built factories and manufacturing buildings can become very complex with special real estate improvements and integrated personal property (machinery, equipment, and fixtures). Further adding to appraisal complexity is addressing whether the asset is owner occupied or leased, or could be leased, and whether there is expansion potential. Lastly, many complex industrial buildings suffer from functional or economic obsolescence as they age. Federal Appraisal is uniquely qualified to appraise these complex issues.

Office Buildings From trophy buildings to obsolete buildings, from office towers in CBDs to suburban locations, from corporate campuses to mixed use office buildings, owner-occupied and rental offices, to medical offices and other special occupancy offices, Federal Appraisal, LLC appraises offices. We appraise for the financing, feasibility and development, and construction through all aspects of operations, and then divestment, repositioning and redevelopment, and sometimes bankruptcy. As a national appraisal company, we have appraised offices in most of the major markets in the United States. We specialize in portfolio valuations, and appraisals for accounting, tax, and legal purposes, including but not limited to: developments, feasibility, or market studies financing tax and investor reporting, IRS, depreciation, cost segregation, purchase price allocation, ASC 805 and other ASC regulations property tax assessment and appeals gift and estate tax acquisition or disposition due diligence