Entries by Shenehon Company

“Appraising Railroad Corridors: Misconceptions about Across-the-Fence Methodology”

January 29, 2013 /0 Comments/in /by

Shenehon is pleased to announce that the International Right of Way Association (IRWA) published “Appraising Railroad Corridors: Misconceptions about Across-the-Fence Methodology” by John T. Schmick in its March/April issue. The IRWA Magazine is a national publication providing news and information for real estate professionals. In his article, John discusses how the across-the-fence (ATF) methodology has been […]

Construction Defects May Reduce Property Values in an Entire Neighborhood

October 17, 2012 /0 Comments/in /by

By: Brad Dulas Over the last five years, Shenehon Company has had the opportunity to value several residential developments, including both single-family and multifamily residential dwellings, with significant construction defects. Construction defects to real property are often so complex that market participants rarely understand or fully appreciate the ramifications of such defects to the value […]

Minnesota Ranks High

September 4, 2012 /0 Comments/in /by

By: John T. Schmick Minnesota ranked 7th in the nation for business according to CNBC’s recently -released “America’s Top States for Business 2011”. With low unemployment, a high quality of life, and an educated workforce, it is not surprising that Minnesota is one of the top ten states. 33 of the nation’s top 1,000 publicly-traded […]

The Run Up in the Dow: Is it Sustainable?

September 4, 2012 /0 Comments/in /by

By: Joshua Johnson Even the most casual observer of the markets cannot help but notice that the Dow Jones Industrial Average (DIJA or the Dow), experienced an overall increase between 2011 and August 2012. Although a few setbacks occurred, particularly in summer 2011 amid talks of the European debt crisis, the Dow has generally trended […]

Ten Important Legal Issues in a Commercial Lease

August 4, 2012 /0 Comments/in /by

Our colleagues at Lapp, Libra, Thomson, Stoener, & Pusch, Chartered recently published “Ten Important Legal Issues in a Commercial Lease” (Winter 2012) Shenehon Company’s next newsletter, Valuation Viewpoint (Spring 2012), describes another aspect of commercial leases: the renewal lease. Bob Strachota answers client questions and describes the process of negotiating renewal leases. In times of […]

National Jury Verdict Review & Analysis feature

June 4, 2012 /0 Comments/in /by

Robert Strachota was the appraiser on the recent case between a Rochester real estate developer and the state of Minnesota that was featured in the National Jury Verdict Review & Analysis. Larkin Hoffman attorneys Gary Van Cleve and Rob Stefonowicz represented the developer who received a $7.845 million jury award. The verdict is featured on […]

Shenehon Company advised the Minnehaha Creek Watershed District

December 4, 2011 /0 Comments/in /by

Shenehon Company advised the Minnehaha Creek Watershed District (MCWD) in implementing its plan to purchase the former Cold Storage building site for restoration of shoreline along Minnehaha Creek. Details of the transaction are as follows: Subject Property: Cold Storage Facility Site – 16.9 acres 325 Blake Road Hopkins, MN 55343 Owner: Stewart Lawrence Group Acquisition […]

Using Demographics to Answer Valuation Questions

November 4, 2011 /0 Comments/in /by

Shenehon Company recently completed a study to determine whether a city’s decision to allow municipal vs private liquor affects the type of retail establishments willing to locate in a given city. In this unique analysis, the appraisal team correlated national retailer’s site location parameters with the presence/absence of municipal liquor. Shenehon Company’s analysis, lead by […]

The Economy is so Bad That…

September 4, 2011 /0 Comments/in /by

I got a pre-declined credit card in the mail. CEOs are now playing miniature golf. Exxon-Mobil laid off 25 Congressmen. I bought a toaster oven, and my free gift was a bank. Angelina Jolie adopted a child from America. Motel Six won’t leave the light on anymore. A picture is now only worth 200 words. […]