Standard Asset Types
Appraisal Review – An objective exercise to measure the appraisal versus established standards and logic. Typically, this service is provided for financial institutions or audit firms that are in need of an expert to review work product delivered. This can be done in concert with the efforts of the audit firm in a seamless process that is designed to facility accurate and timely audits.
Since LOGAN maintains the top credentials in appraisal globally, and because of the quantity of appraisal work generated in the respective LATAM markets, LOGAN is well positioned to review the work of any other appraisal firm. LOGAN has worked with some of the top audit firms in the world and is consistently hired to review appraisals of multinational companies form the United States and Europe.
“The act or process of developing and communicating an opinion about the quality of another appraiser’s work that was performed as part of an appraisal. The subject of the review may be all or part of an appraisal report or a review report.” – USPAP Standard Rule 3
Objective – Appraisal review is a key ingredient in a client’s quality control and compliance processes. Objectives can include:
Opportunity – An appraisal review is a prudent business practice and should be part of a normal due diligence process and standard operating procedure for individuals, financial institutions, government agencies, and companies of all sizes. A review gives the client a better understanding of the valuation and greater confidence in the appraisers’ conclusions.
Solution – An objective review of the opinion of value and determine whether the data and analyses in the report support the conclusion of value. The scope of a review and range in its intensity:
| Colombia | Mexico | Peru | Central América | |
|---|---|---|---|---|
| 1 | Bogota | CDMX, Mexico City | Miraflores | San Jose, Escazú |
| 2 | Medellin | Guadalajara | San Isidro | Panama City |
| 3 | Cali | Nuevo Leon, Monterrey | Santa Cruz | Guatemala |
| 4 | – | – | – | El Salvador |
Leadership Team
CCLA – Multifamily Market Study Colombia
Project Leaders: Diego Rodriguez Rueda, MRICS; Paola Raba. Market analysis for the first institutional Multifamily project in Colombia, Nomad 77 (127 Units).
ARGUS Enterprise helps attract real estate investors to latin america
LOGAN Valuation championing software as key to evolution Business Challenge Robert and Bryan Dragoo founded LOGAN Valuation.
