Expert Witness Blog
In Medical Office Building Appraisal, leasing expert witness Orell Anderson, MAI, of Bell, Anderson & Sanders LLC, writes:
Even when equipped with a complete understanding of how to appraise a standard office building, to appraise a medical office building an appraiser must thoroughly understand the many characteristics that make us appraisal unique. Not only do the physical, financial, and external influences of medical office buildings (MOB•) differ significantly from standard office buildings, but the recent proposed changes in the medical and political arenas add to the complexity of these appraisal assignments. All of these factors combined male appraising medical office buildings a specialty within the appraisal profession.