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BEYOND VALUE
be-yond val-ue
[commercial real estate] n. 1. Finance. 2. Investment strategy.
3. Appraisals.
Our clients make informed decisions.
Beyond Value is the right partner for savvy real estate investors who
want form and function for their asset financing, investment
strategy and valuations. We cover several markets in the Bay Area and
beyond for brokerage activities.
We combine technical and practical real estate knowledge with an eye
for presentation. Our reports use envisioning information principles. We
offer convenient choices for report delivery but give discounts for the “most green” choice, electronic.
In starting our fourth year in business (founder Leigh Budlong has 16
years in real estate), we thank our loyal following of clients that
include private investors, banks, and building owners. Our work is noted
as highly competent, creative and customized.
CASE STUDIES
Beyond Value has the expertise and flexibility to answer a variety of
real estate questions and fill a void for the small commercial property
owner. Here are some of the more intriguing projects tackled in the last
year, which happily resulted in settled cases, the consummation of a loan
or an asset transfer.
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location*
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project profile
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questions answered
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Marin County
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Prime waterfront
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A “reality value check” midway during construction of a
luxury project running behind schedule.
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San Francisco
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Historical mixed-use project with questionable leases
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Current rent roll data does not reflecting market – our pro
forma is market.
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Contra
Costa County
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Document storage facility, a feasibility study
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Market demand for paper/file storage is stronger than the typical
mini-storage facilities. Building is recommended. Before and after
values given.
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Alameda
County
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Condominium conversion
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Rent control does impact the building’s value but with demand
for entry level housing, conversion to condominiums is the maximally
productive use. Values provided to show various stages during planned
conversion.
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San Mateo
County
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Prime waterfront property
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Contacting the multitude of agencies to answer the likelihood that
convert from a commercial to residential would be permissible. Research
revealed the complexity of the situation, including a long-standing
public parking/ beach access easement.
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Contra
Costa County
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Interpretation of Use Classification – market rent analysis
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The market rent for a particular use was not significantly higher,
supporting our client’s (a law firm) claim to renewing a lease at
a market rent as a medical office.
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Alameda
County
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Encroachment Dispute
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Losing the use of a portion of the frontage does impact value given
its visibility. We provided the diminution loss.
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* addresses have not been released
to protect the privacy of our clients (and in some cases, their
clients).
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