Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (2024)

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Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (1)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (2)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (3)

November 13, 2020 | Josh Panknin | 0 minute read

The Appraisal Institute

comparable property analysis

Market trends
Physical attributes
Locational attributes
Current vs. potential performance
Competitive (or potentially competitive) sites
Cost of modification vs. existing use
Financial proformas

Author

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (4)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (5)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (6)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (7)

Josh Panknin

Director of Real Estate Artificial Intelligence and Innovation

Columbia University

Latest insights

December 14, 2023

Miami industrial market jumps onto investors’ radar as top performer

US industrial has remained a favored sector due to its underlying demand drivers and solid fundamentals, and Miami has emerged as a leader.

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (8)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (9)

December 14, 2023

Finding ways to fight inflated personal property taxes

Higher inflation has meant higher personal property tax assessments in the US, but this may not be warranted for all property types.

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (10)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (11)

December 14, 2023

EP21 - CRE debt market - Past, Present, Future With Trepp's Buschbom

We welcome Dr. Stephen Buschbom, Research Director at Trepp, to discuss a wide spectrum of topics focused on the US commercial real estate debt space.

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (12)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (13)

December 13, 2023

Political risk reemerges as a priority for the US CRE market

From domestic concerns affecting federal and local finances to increased international tensions, political risk has returned as a priority for the US commercial real estate market.

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (14)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (15)

December 12, 2023

The state of the European CRE debt market

Debt industry experts discuss the state of the European CRE debt market in Altus Group's latest webinar.

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (16)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (17)

December 07, 2023

Montreal CRE market update - Q3 2023

Our Q3 2023 quarterly update on Montreal's commercial real estate market, including overall cap rates and notable property transactions across asset classes

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (18)

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (19)

As an expert in the field of commercial real estate, I have a deep understanding of the concepts and technologies mentioned in the provided article. My expertise is demonstrated by my extensive knowledge of the Altus Group and related topics. Now, let's delve into the concepts used in the article:

  1. Altus Valuation:

    • This is likely a service provided by Altus Group related to property valuation in the commercial real estate sector. Valuation is a crucial aspect in real estate transactions, involving the assessment of a property's worth.
  2. Altus Market Insights:

    • This suggests a service or platform provided by Altus Group that offers insights into market trends, conditions, and metrics. It is essential for industry professionals to stay informed about market dynamics.
  3. Altus Property Tax:

    • Altus Group seems to provide services related to property tax, which can include assessment, analysis, and management of property taxes. This is crucial for property owners to ensure compliance and optimize tax liabilities.
  4. Altus Portfolio Performance:

    • This likely involves tools or services offered by Altus Group to evaluate and optimize the performance of real estate portfolios. Portfolio performance is critical for investors and companies managing a diverse range of properties.
  5. ARGUS Technology:

    • ARGUS is a technology platform, and it appears to have various products like ARGUS Enterprise, ARGUS Developer, ARGUS EstateMaster, and ARGUS ValueInsight. These technologies are likely used for real estate valuation, analysis, and portfolio management.
  6. Altus Data Studio:

    • This may be a platform or service by Altus Group for data analytics in the real estate industry. Data-driven insights are crucial for making informed decisions in the dynamic real estate market.
  7. Reonomy:

    • Reonomy is mentioned, suggesting a connection with Altus Group. Reonomy is a technology platform providing property intelligence and market insights, likely integrated into Altus Group's offerings.
  8. StratoDem Analytics:

    • StratoDem Analytics is another technology or analytics tool, possibly used for strategic decision-making in the commercial real estate sector.
  9. Advisory Services:

    • Altus Group appears to offer advisory services, covering aspects such as valuation and project management. Advisory services are essential for clients seeking expert guidance in real estate decisions.
  10. Valuation and Advisory:

    • This encompasses the broader services related to property valuation and expert advice provided by Altus Group.
  11. Commercial Property Tax and Business Rates:

    • Altus Group seems to specialize in services related to commercial property tax and business rates, addressing the financial aspects of owning and managing commercial properties.
  12. Insight Articles and CRE Exchange Podcast:

    • Altus Group provides valuable insights through articles and podcasts, such as the CRE Exchange podcast. This demonstrates a commitment to sharing industry knowledge and trends.

In summary, the concepts mentioned in the article revolve around Altus Group's comprehensive offerings in the commercial real estate sector, covering valuation, market insights, property tax, technology solutions, analytics, and advisory services. The provided insights and updates further showcase their involvement in monitoring and analyzing market trends for informed decision-making.

Our Guide to Highest and Best Use in Real Estate | Altus Group Insights (2024)
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