Municipal Bond Collateral Appraisals
Certain bonds require valuation of the underlying assets; the value serves as security for the bond. BTI appraises such assets according to the bond issuance.
Assets could be industrial buildings, residential tracts, land, or various types of commercial structures like hotels, gas stations and outlet malls. To this end, BTI has appraised most of the Tejon Ranch properties including numerous types of properties and improvements. BTI appraised the value of the proposed City Hall in Las Vegas to support bonds to pay for its construction. Municipal Bond Collateral Appraisals have also been conducted by BTI in Arizona primarily for residential developments.