VSI Appraisal Group

The VSI Appraisal Group specializes in appraising multifamily properties and is staffed by individuals with extensive experience analyzing market-rate and restricted rent properties.

Our appraisal personnel have conducted appraisals for a variety of federal programs and for properties developed within the Low-Income Housing Tax Credit (LIHTC) program. We have completed a large number of appraisals within the HUD MAP and the USDA Rural Development programs. In addition, VSI Appraisal Group staff has experience conducting appraisals for office, retail and industrial properties. They also have experience appraising mixed-use and special purpose properties, such as student housing, schools and hotels. Our appraisals meet or exceed the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). We also produce appraisals that meet the requirements of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA).

Similar to VSI' market analysis, the focus of VSI Appraisal Group is to provide affordable, high quality analysis in a timely manner. We utilize the latest technology tools to streamline our processes, ensure accuracy and deliver a quality product to the client. The appraisal staff has unique backgrounds with experience from other areas of commercial real estate, including underwriting for Tax Credit syndication, market feasibility studies and analyzing site potential for developers. This provides the staff with a broad understanding of the principles of real estate and markets and the resulting impact on value.

Areas of Expertise and Client Types

Property Types

  • Multifamily
    • Market Rent
    • Restricted Rent
    • Student
    • Senior
    • Condominium
  • Office
  • Retail
  • Industrial
  • Mixed-Use

Value Types

  • Market Value
  • Restricted Value
  • Value of Tax Credits
  • Value In Use
  • Investment Value
  • Value of Beneficial Financing

Clients

  • Lenders
  • Syndicators
  • Developers
  • Government

Key Staff Members

Our appraisal personnel have conducted appraisals for a variety of federal programs and for properties developed within the Low-Income Housing Tax Credit (LIHTC) program. In addition, VSI Appraisal Group staff has experience conducting appraisals for office, retail and industrial properties. They also have experience appraising mixed-use and special purpose properties, such as student housing, schools and hotels. Read More

Where Our Staff Has Conducted Analyses

VSI Appraisal Group has conducted appraisal work throughout the U.S. We are licensed in multiple states and frequently obtain temporary licensure in other states as needed.  We have access to a wide variety of major data sources that allow us to quickly understand local market dynamics and sales trends. In addition, we take the time to identify and interview key investors in local markets to make sure we provide an accurate measure of local trends. Finally, our analysts have completed work in most major markets, as well as many smaller markets, allowing us to have a personal understanding of trends at the local level throughout the country.