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About Mike Fortunato
Expertise
Can answer questions on all aspects of commercial real estate management, including lease administration, eviction issues, financial reporting and budgeting, asset valuation/enhancement, marketing & leasing, and site maintenance and repairs. 20+ years of real estate management.

Experience
20+ years in commercial management. Current own and operate property management company in southern California.

Organizations
BOMA and IREM

 
   

You are here:  Experts > Industry > Retail Industry > Retail Property Management > Land lease valuation

Retail Property Management - Land lease valuation


Expert: Mike Fortunato - 7/24/2007

Question
Hi, I saw your questionabout land lease valuation. I have a property that a bank may be interested in. What valuation did come up with? thanks

Answer
Sorry, but I answer a zillion questions on this site and can't recall what you are referring to. I recall fielding questions about the potential value of a property in LA, but I didn't arrive at a valuation (I wouldn't have enough info to arrive at an accurate figure). I simply advised the person on how to go about getting an opinion of value.

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