Property Types Appraised
Multifamily
Our appraisal experts have extensive experience valuing apartment properties throughout Connecticut, Western Massachusetts and Rhode Island. We work on properties as small as six units through hundreds of units and portfolios. We stay on top of the ever-changing landscape. We have excellent relationships with apartment brokers, owners and managers, which allows us to understand evolving investor return requirements for existing and proposed properties.
Retail
The retail market has experienced many changes in recent years; some positive and some negative. As a result of our long-standing relationships with national and local connections, we are able to accurately determine the affects on value. We value retail properties ranging from fast food restaurants, neighborhood shopping centers, grocery anchored centers, up to regional malls. Our appraisers who specialize in these property types understand the changes the industry is undergoing and help clients navigate this evolving landscape.
Industrial
One of the most explosive growth sectors in our markets are industrial properties including warehousing/distribution facilities, aerospace manufacturing properties, mill-type properties and flex-type properties. Rental rates and demand remain at all-time highs. You can be assured that our appraisers know this property type inside and out.
Office
Not all office properties are the same. While many office properties have suffered due to changing demand in the post-COVID market, those that are adapting to employer and employee needs are starting to recover and thrive. Our appraisers pay close attention to office trends and values to help our clients make the most informed decisions. Our range of expertise includes high-rise Class A office buildings, call centers, medical space and ambulatory service buildings.
Special-Purpose Properties
Ascendant Valuation Advisors offers the highest quality commercial real estate valuation and appraisal services. Located in Glastonbury, CT, we offer services throughout Connecticut, Rhode Island, and western Massachusetts specializing in self-storage and affordable housing units, providing appraisal, feasibility studies, brokerage and consulting services as well as litigation support. Multifamily, retail, industrial, office.
Property Appraisal: Commercial appraisals including multifamily, retail, industrial, office and special purpose properties. Specialty Services: Real estate market analysis, property tax assessments, property tax appeals and more. Litigation Support: including pre-trial deliberations and expert witness testimony for both the State and Federal court systems. CT, RI, western MA.
Our team is lead by Patrick A. Lemp, Principal, and Josephine C.A. Aberle, Managing Director
Multifamily: Extensive experience valuing apartment properties. Retail: ranging from fast food restaurants, neighborhood shopping centers, grocery anchored centers, regional malls. Industrial: warehousing/distribution facilities, aerospace manufacturing, mill-type properties, flex-type properties. Office: high-rise office buildings, call centers, medical space and ambulatory service buildings.
Specialty services include: Real estate market analysis including rent and demand studies. Property and lease comparables, including lease review. Property tax assessment reviews and property tax appeals.
We have extensive commercial property experience with litigation support including pre-trial deliberations and expert witness testimony for both the State and Federal court systems.
Watch Hill Storage Advisors, LLC, led by Patrick A. Lemp has been deeply involved in the self-storage industry since 1995 providing appraisal, feasibility studies, brokerage and consulting services to local, regional and national clients. Mr. Lemp has advised clients and assisted in the sale of single asset sales and portfolio sales of over $100,000,000 in proceeds.
We specialize in appraisals for US Housing and Urban Development (HUD) insured mortgages, including the 221(d)(4) and the 223(f) programs, HUD-compliant Rent Comparability Studies (RCS), developments operated with project-based Section 8 Housing Assistance Payment Agreements (HAP). Connecticut Housing Finance Authority (CHFA) and Low Income Housing Tax Credit (LIHTC) developments.