What types of data are going to be available in the Appraisal Institute Commercial Database ?
Initially, the Appraisal Institute Commercial Database will have four basic types of comparable data records: Sales, Leases, Operating Expenses and Appraisal DCF Assumptions. All four types of data will meet the standards set by the Appraisal Institute Commercial Data Standards. Appraisal Assumptions include the various assumptions used in the Income Capitalization Approach including both Direct Capitalization and Discounted Cash Flow Analysis (DCF) assumptions (i.e., cap rates, discount/yield rates, vacancy rates, growth rates, rollover/turnover probabilities, etc.). Appraisal Assumptions are only searchable and accessible by Appraisal Institute Members. …
