Today more than ever, Real Estate Investment Trusts (REITs) are mandated to obtain periodic evaluations of properties held in their portfolios. Some require independent evaluations from disinterested parties. Under some circumstances, REITs are required to include the Market Value of properties within their portfolios in financial reports. REITs are some of the larger property owners in the country, and without evaluations of their properties, determining financial performance would be impossible. Given the volatility of real estate markets in recent years, investors purchasing shares of REITs deserve and expect current valuations.
ELLIOTT® & Company Appraisers performs REIT property evaluations nationwide. We offer no obligation proposals upon request. Please call us to learn firsthand how we can help you.