(2001) Softcover, 379 pages, illus.
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A Business Enterprise Value Anthology traces the emerging theory, appraisal methodology, and related controversy on the subject of business enterprise value. Through the articles in this collection, readers can explore the topic thoroughly, understand views on both sides of the issue, and define and refine their own perspectives and opinions. The 38 articles presented are divided into five subject areas: general issues, hotels/motels, health care facilities/senior housing, shopping centers, and miscellaneous properties. The final section of the book, the addenda, includes a bibliography of references pertaining to many property types, a brief glossary, and a very useful collection of recent court decisions on the topic.
More than 100 articles were considered for this collection. The articles ultimately selected represent a broad cross-section of the concepts, issues, and controversy surrounding business enterprise value. The text will prove to be a useful reference for appraisers who specialize in this valuation problem and essential reading for less experienced practitioners who will need to deal with the issue in future valuation assignments.
About the Editor
David Lennhoff, MAI, SREA, CRE, has been appraising real estate in the Washington, D.C., metropolitan area since 1973. He is currently president of the Appraisal Division of Delta Associates, a Transwestern Company, and specializes in litigation valuation. Mr. Lennhoff has developed and reviewed many Appraisal Institute courses and seminars, is an instructor of most of its advanced curriculum, and has reviewed various Appraisal Institute publications. He also is past chair of the national educational programs and curriculum committees, is editor of the book A Business Enterprise Value Anthology, and is a frequent contributor to the Appraisal Journal.
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