What a Trump Presidency Could Mean for the Real Estate Market

It is not partisan to acknowledge that the election of Donald Trump as our nation’s 45th president is unprecedented in many ways. The uncertain and unorthodox nature of a Trump administration raises questions and concerns about what our present political climate might mean for the real estate market, despite the fact that President-elect Trump expanded…

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In Focus: Jonathan D. Mendoza

“Many Miles Into A Career in Appraisal” “I’ve always been interested in real estate” are words Jonathan Mendoza speaks with conviction. His journey began with a degree in Real Estate Development from Arizona State University in 2009, though it happened to coincide with the economic recession. Phoenix made Jonathan’s transition into full time employment all…

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Organizational Change: A story within a story

Something interesting about me is that I am the fourth consecutive generation of my family to operate a local appraisal firm, originating in 1916 in South Seattle. I am also the third consecutive generation of Appraisal Institute designated members here in the Puget Sound. My grandfather bought out my great grandfather following the War; my…

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Millennial Applications: Changing the Course of Business

Changing Course Implementing change is hard. I’ve failed at it on many occasions. In most instances, powerful forces of human nature are strong at work against it. The use of the word alone can cause people to become defensive and uptight. Think of every time you’ve heard someone say “YOU HAVE TO CHANGE”. Coming from…

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Client Testimonial: Appraisal for Estate Settlement

Dear Patrick, The support for appraisal values that Lamb Hanson Lamb provided by way of the testimonies of Bryan Boyce and yourself for our estate at the arbitration hearing was much appreciated and a very important piece of the estate’s presentation.  Context was provided for the judge and, in my opinion, was instrumental in helping…

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Real Estate Appraisal during a Divorce

Real Estate Appraisal during a Divorce You’re a spouse going through a divorce – friendly or hostile. One of you has probably moved out, and you’re both wondering what your share of the real estate will amount to. You’re going to have to deal with a division of property – usually, the family residence. What’s…

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seattle waterfront 12th man flag cloudy

THE WORLD’S BIGGEST 12TH MAN FLAG was just hoisted today! it’s the size of a house (1,500 SF)  just went up at West Seattle Corporate Center. Employees of Lamb Hanson Lamb Appraisal Associates, Inc. a tenant of the building, co-sponsored the purchase of the flag.

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Cell Tower Valuation Models

We’re often called on to determine the contribution cell tower leases have on property value. In most cases, the Discounted Cash Flow Approach (DCF) is an appropriate and reliable method in determining the market value contribution of a property’s leased fee interest, encumbered by a cell tower lease. The concept holds that future income or benefits…

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