Why Local Market Knowledge Still Beats National Models
In an era of big data, national platforms, and increasingly sophisticated valuation models, it is tempting to believe that real estate can be reduced to algorithms and dashboards. National models are faster than ever. They are consistent, scalable, and easy to apply across markets. They also miss things that matter. After more than two decades […]
Valuing Mixed-Use Properties in Dense Urban Markets: What the Numbers Don’t Tell You
Mixed-use properties are some of the most interesting and challenging assets to value, especially in dense urban markets like New York City. On paper, they look straightforward. You have retail, residential, office, and hospitality all under one roof. In reality, these properties behave more like small ecosystems than single assets. Each component has its own […]