Institutional Assets
Valuation of real estate held by public bodies and institutions.
Who we work with
Public agencies, educational institutions and other institutional owners need appraisals for acquisition, asset management or disposition where specialized uses and property restrictions may complicate comparison with the open market.
When you need us
Publicly owned and institutional properties may have specialized uses, planning restrictions or limited comparable market evidence.
What we do
Assess relevant market evidence and valuation methods
Consider alternative use potential where appropriate
What you receive
The report provides a documented value opinion for asset management, acquisition, disposition or other defined purposes.
What we need to begin
Provide the property inventory, floor areas, site plans, current use, known restrictions and relevant ownership or occupancy documents. Tell us the decision the appraisal will support and whether alternative use is part of the instruction.
Related assignment
A related public-sector assignment involved the appraisal of municipal land for a proposed disposition and assembly. gsi examined its planning context and contribution to adjoining lands. This is a public land example rather than an appraisal of an occupied institutional facility.
Questions & answers
How do you approach a property with few direct comparables?
The scope considers the property interest, use and available evidence before selecting suitable valuation methods. The report explains the evidence limitations and the reasoning behind the conclusion.
Can restrictions affect alternative-use value?
Yes. Ownership, planning or other documented restrictions may affect the uses being considered. Supply the relevant records so the valuation assumptions can be established.
Can an appraisal support an internal asset review?
Yes. The intended use should be stated clearly so the reporting scope addresses the organization’s decision and identifies who may rely on the opinion.