Entries by Shenehon Company

Market View Q2 2015

Economic and Real Estate Market Snapshot Article Highlights: •   U.S. employers added approximately 664,000 jobs in the second quarter of 2015 •   90% of surveyed Minnesota businesses positive about economy •   Activity in the manufacturing sector expanded for the 30th consecutive month •   Economic growth is supporting improvements in the CRE […]

Update – Nicollet Mall reconstruction assessment

Shenehon-recommended property assessments to fund the Nicollet Mall renovation in Minneapolis have been communicated to more than 7,100 property owners affected by the assessment. The overwhelming majority of property owners have accepted their assessment, just two owners are formally appealing their assessment. City officials are pleased with the outcome of the assessment process. Shenehon Company […]

Market View Q1 2015

Economic and Real Estate Market Snapshot In spite of lingering headwinds and a fresh set of challenges, the national economy continued to demonstrate overall moderate expansion through the first quarter of 2015, but several indicators suggest a slightly weaker pace of growth going forward.  Eight of twelve Federal Reserve Districts, including the Minneapolis District, reported […]

Commercial Real Estate Snapshot: a Review of 2014

By: Brad Dulas Supported by an improving economic outlook and employment growth, the commercial real estate market continued to note progress through the close of 2014. Although remaining relatively moderate, employment growth was experienced within most major markets and across most sectors during the year, as the unemployment rate continued to decline. Coastal markets and […]

Media covers high-profile Shenehon assignment

Shenehon Company has been retained by the City of Minneapolis as appraiser on a $50 million retrofit and upgrade of Nicollet Mall in downtown Minneapolis. Half of the project cost is being funded by the State of Minnesota and City of Minneapolis and the remaining portion will be assessed to property owners that benefit from […]

Corridor value methodology and professional standards

By: John T. Schmick (Note: The following is a summary of an article written by Shenehon appraiser John T. Schmick and Jeffrey K. Jones, MAI, Chief Appraiser of the Alabama Department of Transportation. The full article appeared in the Fall 2014 issue of Appraisal Journal . Appraisal Institute members and associate members may access the […]

Shenehon receives award for outstanding business valuation practices

The International Society of Business Appraisers (ISBA) has recognized Shenehon Company for its excellence and adherence to professional performance standards. Shenehon was recently awarded ISBA’s Gold Seal of Trust in Business Valuation. In presenting the award, the ISBA said, “Shenehon’s Business Valuation Unit is an outstanding example of a world-class business valuation firm.” Shenehon is […]