Richmond

Richmond, VA

2920 West Broad St, #74
Richmond, VA 23230

770-777-6128

Main email contact:
hpeery@bbgres.com

As the economic center and capital of Virginia, Richmond is well positioned in the midpoint of the east coast. Its location offers easy access to major eastern economic centers to its north and south. Major Richmond industries include higher education, life sciences and manufacturing. Business activity in this region is boosted by a relatively low cost of living, a solid job market and a low state sales tax. The BBG Richmond team offers valuation, assessment and advisory services to support the commercial real estate activity in this market.

Richmond

Local Leadership

Grant Griffin, MAI

Senior Managing Director

Bundled Due Diligence Services

One-stop shop for valuation + assessment services.

Our Services

Valuation and Assessment Services

  1. Market study
  2. Feasibility
  3. Zoning reports
  4. Environmental studies
  5. Title
  6. Surveys
  7. Property condition reports
  8. Appraisals
  9. Strategic advisory

Advisory Services

  1. Portfolio valuation
  2. Organization design and governance
  3. Financial reporting
  4. Lease audits
  5. Tax appeal
  6. Monitoring
  7. Cost segregation
  8. Refinancing

Related Blog Posts

Aug 31 2021

Strong Housing Demand Spurs Growth in U.S. Multifamily Market

Shrinking housing inventory, low interest rates, higher building costs driving compression in cap rates for this property sector   Surging rental rates, dwindling...
Aug 26 2021

Population Shift, Pandemic Driving Changes in U.S. Housing Market

Sunbelt states leading U.S. population growth areas A shift in U.S. population demographics and the COVID-19 pandemic’s lingering impact are signaling key changes in...
Jul 08 2021

New York City’s Commercial Real Estate Market Stages a Comeback

The Big Apple’s commercial real estate market is gradually regaining strength as the city bounces back from months of pandemic-driven economic misery. Since the lifting...
Jun 16 2021

Infrastructure Plan Seeks to Aid Efforts to Expand Affordable Housing

The proposed national infrastructure plan may give more hope to Americans who have been denied access to affordable housing due to limited supply. In April, President...
Apr 26 2021

Converting Hotels into Multifamily Properties Can Improve Housing Affordability

By Mary Ann Barnett, MAI and John H. Wright Jr., MAI An alternate use for hotels that were negatively impacted by the COVID-19 pandemic is transformation into...
Mar 30 2021

Independent Valuation and Assessment Firms Gain National Platform, Technology and Corporate Support by Joining BBG

Most business owners consider selling their business at one point of time. Over the last few years, there have been 11 proprietors who have benefitted greatly from...
Mar 09 2021

CRE Due Diligence: The Benefits of Bundling Third-Party Reports

Due diligence is a vital component of real estate transactions Commercial real estate is a high-value investment, so conducting proper due diligence is critical on all...
Jan 15 2021

BBG Senior Managing Director Rodman Schley Serves as National President of Appraisal Institute

BBG’s Rodman Schley, MAI, SRA, is a man of many achievements. Since 2016, Schley has served in his current position as senior managing director for BBG in the Denver...
Dec 14 2020

CDC’s Eviction Moratorium Harms Housing Providers While Kicking the Can Down the Road

A national residential eviction moratorium in effect through the end of the year is harming the multifamily sector while failing to provide adequate protections to...
Nov 17 2020

When It’s the Right Move, Banks Are Opting for Evaluations in Lieu of Appraisals

Certain commercial properties don’t require a traditional appraisal, and an evaluation is an attractive and cost-effective alternative for those assets. Financial...