Residential Land

Songbird Litigation
Subdivision in Sellout

Appraisal consulting services. Court and collateral documents reviewed, along with various appraisal reports. Research conducted to better understand the local housing market and advise client regarding debtor's use of cash collateral. Client is secured creditor in bankruptcy proceedings.

Vancouver, Washington

Located in Felida neighborhood

26 unit single family residential subdivision

For Chapter 11 bankruptcy proceedings

Tacoma

Residential neighborhood in south Tacoma

Six lots within a seven-lot subdivision

Total site area of
32,184 sf

For Bay Bank

Lam Development
Single Family Residential Subdivision

Sites have been cleared and are improved with underground utilities. Appraisal addresses the Fee Simple Retail Value and the Fee Simple Bulk Value of the property. Multiple resources were used to find comparable land sales, with all sale comparisons transacting with six month of the appraisal date.

Judd Cove
Under-Improved Waterfront Site

Appraisal review; scope includes inspection of subject, sale comparisons, and interview of the original appraiser. This site is improved with a dock, small office, and historic lime kiln. highest and best use concluded to be residential development. Review conducted prior to potential government acquisition.

Orcas Island

Eastsound area

3.69 acre site

155' of bankless waterfront

For Trust for Public Land and San Juan County Land Bank