Development of Capitalization Rates
1 Day (New 2015)
When using the income approach to estimate the value of real estate one of the components that will need to be determined by the assessor/appraiser is the capitalization rate. This workshop will explore the difference between capitalization rates used in direct capitalization and a yield rate used in yield capitalization. We will discuss the difference between an overall capitalization rate, a land capitalization rate and a building capitalization rate along with some other common terms used in capitalization rates discussion such as unloaded versus loaded capitalization rates, terminal capitalization rates.
Instructors available for this course are listed below. Contact them for more information about this course.
Kevin D. Hayes, MAI, CAE, RES, CFE
Jerald Rudman, Chief Commercial Deputy Assessor
Terry Taylor, CAE, AAS, RES
Lori-Ann Seethaler, RES, MIMA Manager, Valuation & Customer Relations Municipal Property Assessment Corporation (MPAC)
Randy Ripperger, CAE Polk County Assessor
515-286-3158 direct 515-286-3386 fax 515-777-8391 cell
Kara Endicott, CAE, RES, RMA
Ken Voss, MAI, AI-GRS, SRA, CAE
404-822-9595 404-869-7970 fax
Rick Stuart, CAE, FIAAO
Lath Harris, CAE, SRA
Brad Eldridge, MAI, CAE Managing Member