Three named to Shenehon Center’s MN Real Estate Hall of Fame
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 […]
Measuring a Company’s Risk of Bankruptcy
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 […]
The Complexity of Valuation Standards: Making Sense of the Acronyms
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 […]
Economy Market View Q2 2016
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, […]
John Schmick articles noted in Spring 2016 issue of Appraisal Journal, called “important”
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 […]
External Obsolescence Issues in Guardian Energy, LLC vs. County of Waseca (Heard in State of Minnesota Supreme Court)
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 […]