Regional Property Transactions:  i.  Kansas City MSA - 424 unit, Class A, apartments traded for $37 million or a 5.9% OAR     ii.  Kansas City MSA – 130,000± square foot shopping center traded at $30.4 million or a 6.9% OAR     iii.  Omaha MSA – 180,000± square foot power center traded at $32.6 million or a 7.27% OAR     iv.  Dallas/Ft. Worth MSA – 514 unit, Class A, multifamily complex, traded at $103,113 per unit and a 5.4% OAR     v.  Sioux City – 270,000± square foot power center, closed at $55.8 million or a 6.6% OAR
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about our company

 
 
 

Mainland Valuation Services is located in the Kansas City Metropolitan Area in Shawnee, Kansas with satellite offices in Joplin, Missouri and Dallas, Texas Metropolitan areas. Our firm specializes in commercial real estate appraisal services and consultation. Mainland was established in 1992. The Kansas City office is now operated under the partnership of Mr. Maier, Curtis L. Frazier, MAI and Thomas M. Scaletty, MAI and has a satellite office in Joplin, Missouri.

Members of our firm maintain active appraisal licenses in Kansas, Missouri, Nebraska, Texas and Minnesota. Within the last few years, Mainland has also appraised properties in Iowa, Illinois, Indiana, Oklahoma, Arizona, Tennessee and South Dakota.

A significant amount of appraisal services provided by Mainland are performed on multifamily projects completed for Fannie Mae or Freddie Mac loans. Both Mr. Maier and Mr. Frazier are approved by the United States Department of Housing and Urban Development for preparation of general apartments and senior housing facilities.

The appraisers at Mainland also have significant experience appraising other property types. Our firm has appraised various retail properties ranging in use from convenience stores and strip centers to big box facilities and regional malls. We also appraise both single and multi-tenant office facilities, industrial/warehouse properties and special use facilities. Specialized properties recently appraised by the firm include golf courses, hotel/motel properties, biomedical laboratories, mixed-use subdivisions and agricultural tracts.

Our company completes assignments on both single asset and portfolio properties. While the portfolio assignments typically include 20 or fewer properties, Mainland has completed asset valuations on portfolios with up to 50 properties. Our company’s diversified experience and advanced technology platform allow for completion of portfolio assignments in a timely manner and at competitive pricing.

In addition to serving the lending community, Mainland Valuation Services also provides appraisal and consulting services in litigation matters. Mr. Maier has been an expert witness in several bankruptcy cases including the Kroh Brothers case and Woodlands Race Tracks. Both Mr. Maier and Mr. Frazier have also provided appraisal and consultation services in condemnation cases and ad valorem tax appeals.

 

 
 
 

 

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