Understanding Real Estate Valuations

In this episode of Weaver: Beyond the Numbers, Location Cubed, Howard Altshuler and Aaron Grisz sit down for a conversation with Selina McUmber, managing director, valuation services. Together, they explore the complexities of real estate valuations, focusing on the importance of cadence and rhythm in the process, particularly regarding fund clients. Whether you’re an industry veteran or new to real estate, this episode offers valuable insights into the strategies and challenges of navigating today’s real estate market.

Key Points:

  • Cadence and rhythm in valuations ensure timely and accurate reporting for real estate funds.
  • Higher rates increase the cost of debt servicing, leading to downward pressure on property prices and challenging underwriting assumptions.
  • Valuations with limited market transactions require detailed analysis and client insights to reflect current market conditions accurately.

 

 

Altshuler, Grisz and McUmber examine the intricacies of real estate valuations, discussing how timing, market data and client collaboration are crucial to the process. McUmber emphasizes the importance of understanding the market participants’ perspectives as their insights can significantly influence the valuation outcomes. The conversation also touches on the challenges faced when there is a wide bid-ask spread, particularly in today’s market, where transactions may be scarce.

“Valuation is not just about numbers; it’s about understanding the market’s pulse and reflecting that in every assessment,” McUmber said, underscoring the episode’s central theme—real estate valuation is as much an art as a science. The discussion also highlights the need for appraisers to be adaptable, especially when dealing with fluctuating market conditions where traditional valuation methods may need adjustments to align with current realities.

Subscribe and listen to future episodes of Weaver: Beyond the Numbers, Location Cubed, on Apple Podcasts or Spotify.

©2024

Follow us on social media for the latest updates in B2B!

Image

Latest

DXpedition
Icom Powers 3Y0K: Ham Radio’s Most Ambitious DXpedition to Remote Bouvet Island (Part 2)
October 23, 2025

Few places on Earth are as inaccessible—and as coveted by amateur radio operators—as Bouvet Island. Located in the South Atlantic, this uninhabitable rock has long been regarded as the “Mount Everest of DXpeditions.” According to the DXCC Most Wanted List, Bouvet ranks near the very top of sought-after contacts, making every attempt to activate…

Read More
DXpedition
Icom Powers 3Y0K: Ham Radio’s Most Ambitious DXpedition to Remote Bouvet Island (Part 1)
October 23, 2025

Bouvet Island sits at the edge of the world. It is frozen, uninhabited, and almost impossible to access. Fewer people have set foot there than in space. That level of remoteness is exactly what makes it so valuable to amateur radio operators. The island ranks tenth on ClubLog’s list of Most Wanted DXCC entities,…

Read More
data
Data Fluency and Human Connection Power Marketing Careers in the Age of AI
October 23, 2025

With new AI marketing tools appearing almost daily, it’s no wonder teams feel stretched thin. Yet beneath the constant buzz of automation and algorithms, the real drivers of growth haven’t changed: reliable data and thoughtful strategy. A recent Adobe study found that nearly half of marketers—a whopping 48%—say their biggest obstacle is ensuring data accuracy….

Read More
Architect
Architect’s Perspective: Retrofitting Aging Mall Properties
October 23, 2025

Architect Johnny Stewart, AIA, shares his perspective on retrofitting aging mall properties into vibrant, sustainable community hubs. He highlights three core strategies, starting with enhancing the property’s mixed-use capabilities by adding diverse tenants like gyms, pickleball courts, local restaurants, or even residential spaces to drive foot traffic. A second key area is improving parking and…

Read More