Author Archives: LcamAdmin

Foreign Money Pouring Into US Markets

Yahoo! Finance reports that blockbuster real estate deals are back and breaking records as cash from around the globe pours into U.S. office buildings, apartment complexes and other investment properties. Commercial real estate transactions jumped 45 percent by dollar volume in the first quarter, an increase driven by sales of multiple buildings or entire companies, […]

FHA Extends Implementation Date of FHA SF Handbook

On April 30, 2015, FHA announced that it has extended the effective date for the policies contained in the SF Handbook 4000.1 from June 15, 2015 to September 14, 2015. All existing Single Family Handbooks, Mortgagee Letters and other policy documents remain effective until superseded by specific sections, subsections, and/or appendices of this Handbook 4000.1. View the full statement […]

Blackstone, Wells Fargo Buy $23 Billion In Property From GE

According to Bloomberg, Blackstone Group LP and Wells Fargo & Co. agreed to buy most of General Electric Co.’s real estate assets in a deal valued at about $23 billion, in an effort to further shrink GE’s financial unit. Bloomberg’s Devin Banerjee reports that GE Chief Executive Officer Jeffrey Immelt “does not want GE to be a […]

The Trouble with Rates in the Subdivision Development Method to Land Valuation

Brian J. Curry has written an excellent article on Subdivision Valuation for The Appraisal Journal. Valuation of subdivision land is not a one-size fits-all endeavor. This article demonstrates the relationship between profit and yield and their application in land valuation. A subdivision development static method is suggested, and the impact of leverage, trending, and project […]

Alphabet Soup – Easily Searchable Laws and Regs

Looking for the latest banking regulations? L-CAM found this Bankers Online site helpful for remaining in compliance with the FDIC, FRB, CFPB and more.

L-CAM and ERI Announce Strategic Partnership

                  LaSalle Commercial Appraisal Membership (L-CAM) and Environmental Risk Innovations, LLC (ERI) are very pleased to announce our partnership. This is a partnership of appraisal services provided by L-CAM and environmental risk management services provided by ERI. This alliance was formed so lenders can concentrate on doing what they […]

Does Dodd-Frank work?

The Washington Post asked sixteen experts what they thought has gone better and worse than expected nearing the three year anniversary of Dodd-Frank. Link to the article here: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/20/does-dodd-frank-work-we-asked-16-experts-to-find-out/?wprss=rss_ezra-klein

AO-20 An Appraisal Review Assignment That Includes the Reviewer

The Appraisal Standards Board (ASB) writes Advisory Opinions (AO) to illustrate the applicability of appraisal standards in specific situations and to offer advice from the ASB for the resolution of appraisal issues and problems. Here is AO-20 on appraisal review assignments that include the reviewer’s own opinion of value. “A client may want an appraiser, […]

AO-21 Real Property, Personal Property, Intangible Property

The Appraisal Standards Board (ASB) writes Advisory Opinions (AO) to illustrate the applicability of appraisal standards in specific situations and to offer advice from the ASB for the resolution of appraisal issues and problems. Here is AO-21 on real property, personal property and intangible property “Individuals perform numerous roles within the broad realm of valuation services. […]

Interagency Appraisal and Evaluation Guide

“The OCC, FRB, FDIC, OTS, and NCUA are issuing final Interagency Appraisal and Evaluation Guidelines (Guidelines) to provide further clarification of the Agencies’ appraisal regulations and supervisory guidance to institutions and examiners about prudent appraisal and evaluation programs. The Guidelines, including their appendices, update and replace existing supervisory guidance documents to reflect developments concerning appraisals and evaluations, […]