Seattle Monorail

Appraisal, Mediation, and Trial Support

Appraisal of 11 properties for acquisition, as well as valuation of air rights for other parcels, followed by mediation and trial support. Also, the preparation of a study to asses the potential effect of the monorail on property values including potential damages and special benefits. Primary topics addressed in the course of this study include the impacts of view, light, air, access, vibration and station design.

Seattle

Existing monorail and elevated rail lines examined in the course of this assignment include:

5th Ave Seattle

Portland

Vancouver

Beaverton

For Seattle Monorail Project

Songbird Litigation

Subdivision in Sellout

Appraisal consulting services for Chapter 11 bankruptcy proceedings. 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. Address questions of highest and best use, market value of absorption. Plan with attorneys relative to court hearing and testimony.

Issaquah

Fronting NW
Gilman Blvd

50,575 sf

For negotiations regarding the option to renew the existing land lease

Bremerton Waterfront Parcels

Development Site

Two waterfront parcels located adjacent to the new Bremerton Marina, and within walking distance of the Ferry Terminal. Value indications analyzed in the course of the Sale Comparison Approach included local and regional transactions.

Vancouver, Washington

Located in Felida neighborhood

26 unit single family residential subdivision

For secured creditor in bankruptcy proceeding, through Graham & Dunn