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The Commercial Group, which includes appraisal, feasibility studies
and underwriting services, was founded in 1978, and has grown to be one
of the few true national appraisal firms in the country. The firm routinely
provides appraisals for properties financed under the Fannie Mae DUS and
Freddie Mac programs, for investment banks securitizing their loans, and
for traditional lenders. Aaron & Wright has been listed as the largest
appraisal firm in Houston for the last four years and is the nation’s largest
appraiser of churches and religious facilities.
Given its reliance on in-house personnel, Aaron & Wright is uniquely
capable of appraising large portfolios scattered across the country, quickly
and with the highest level of consistency in quality, content and appearance.
With its centralized review process and highly experienced staff, Aaron
& Wright’s reports meet the highest level of professional and ethical
standards. The Commercial Group has significant experience dealing with
multifamily residential, hotel/motel, retail, office, mobile home communities
and credit lease properties.
The services provided by the Commercial Group include:
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Full narrative and short form appraisals in compliance with the Appraisal
Institute, the Appraisal Foundation (Uniform Standards of Professional
Appraisal Practice) and the Federal Institutions Reform, Recovery and Enforcement
Act of 1989 (FIRREA).
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Fannie Mae and Freddie Mac compliant appraisals
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Third party review of appraisals
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Portfolio Analysis
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Valuation Opinion Letters
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Highest and Best Use Studies
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Discounted Cash Flow Modeling
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Contract Underwriting
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Feasibility Studies
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Valuation of Partnership Interests
Samples of recently completed projects include:
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Appraisal of 86 credit lease properties, (Nationwide)
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Appraisal of a portfolio of 46 retail properties, (Nationwide)
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Appraisals of portfolios of mobile home communities totaling 34 properties
(Nationwide)
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Appraisal of seven office buildings and five apartment complexes (California)
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Appraisal of eight hotels, (Tennessee)
Aaron & Wright's Commercial Group is comprised of a number of MAI's
(Members of the Appraisal Institute) as well as professional real estate
appraisers and consultants with a diverse range of backgrounds and skills.
The MAI designation is granted by the Appraisal Institute and requires
an extensive and exhaustive program of experience, examinations, course
work and practical application. |