3 ms·
Don't all those example assets change hands for cash (or equivalents) pretty regularly?
by robotresearcher 10y ago
Don't all those example assets change hands for cash (or equivalents) pretty regularly?
- prostoalex 10y agoValuation by comparables is an acceptable model if both parties agree on it. However, it's still far from a done deal as each transaction has its own minuscule details, and in commercial property, e.g., one party might value such things as location, quantity/quality of parking spots, proximity to traffic flows, quality of neighbors, recently incurred maintenance, etc. differently from the other. With that said, a 409a valuation firm (or potential acquirer) is likely to look at the peers, current and historic ones, to at least start at some ballpark figure.