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INDUSTRY EXPERIENCE.
DEEP KNOWLEDGE.
Valuation Analysis of First Class Hotel and Related Improvements

Accumyn’s expert provided testimony in a dispute between a commercial real estate developer and a publicly traded REIT regarding an alleged breach of contract for the development of a first class, 1,000 room, multi-story convention-oriented hotel, and related improvements. The Accumyn team prepared a valuation analysis based on the income approach using hotel revenue projections and the related tax incentives and abatements to be provided by state and municipalities, and the analysis of financing options available given general market conditions and specific industry economics.