This author has yet to write their bio.Meanwhile lets just say that we are proud Shenehon Company contributed a whooping 126 entries.
Some of our clients have reported seeing a 65.5-foot boat named Shenehon in Bayfield, Wisconsin on Lake Superior and wondered about the boat’s story. The vessel is a converted Tug-Transport (T) boat, built in 1953 by the U.S. Army. It is now part of a fleet of vessels operated by the National Oceanic and Atmospheric […]
By Michael J. Amen At a time when climate change is having widespread impact on the world’s ecosystem, the need to expedite development of renewable energy sources is vital. A rising source of renewable energy is solar or photovoltaic cells, the fastest growing source of renewable energy in America, according to a report from the […]
Three more leaders in the Minnesota real estate industry are being added to the Minnesota Real Estate Hall of Fame, which was established by the Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business. The 2016 inductees are developer Fred Wall, broker Walter Nelson and real estate attorney Mark […]
By Mark T. Jude In the world of finance there are many different types of risk and even more ways that attempt to measure or estimate that risk. There are a numerous models and methods to estimate the risk of a company’s equity or debt, which are important in determining value. But what about estimating […]
By Joseph M. Mau The various business valuation societies rely on different valuation standards. What are they and how do they impact you? The American Society of Appraisers Business Valuation (ASA) business valuation standards are to be used with the Uniform Standards of Professional Appraisal Practice (USPAP), developed by the Appraisal Foundation. The American Institute […]
Although stock market volatility and global economic concerns highlighted the first six months of the year, the U.S. economy continued to expand through the first half of 2016. According to the latest Beige Book, seven of twelve Federal Reserve Districts, including the Minneapolis District, reported modest to moderately increasing economic activity. Providing an optimistic outlook, […]
Several articles by Shenehon Company appraiser John Schmick were identified in the Spring 2016 issue of the Appraisal Journal as important resources for appraisers. The Journal is the official publication of the Appraisal Institute and is the industry’s leading publication. An article by Schmick and Jeffrey K. Jones published in the Fall 2014 Appraisal Journal […]
By William C. Herber and Laura A. Wisneski External obsolescence is a type of depreciation that results from external influences, and often reduces the value of a property. For example, if a landfill is constructed next to a home, the value of the home will likely fall, through no fault of its own and regardless […]
By Wendy S. Cell and Robert J. Strachota, MAI, MCBA, CRE® Real estate taxes vary widely throughout the Twin Cities area for many reasons. The primary factors that determine property taxes are the tax levies of the district the property is in, the value of the property relative to the value of all other properties […]
By Robert J. Strachota, MAI, MCBA, CRE® Note: The following article is a presentation given by Shenehon President Robert Strachota at the Minneapolis Business Law Institute on May 2, 2016. I am Bob Strachota, president of Shenehon Company, which appraises businesses and commercial real estate throughout Minnesota and more than 40 other states. We know […]