Qualified Section 232 LEAN Appraisers and Market Study Consultants

LEAN lenders require competent, qualified appraisers and market analysts

Complying with HUDs LEAN application requirements can be challenging.  Redstone follows the new March 2013 LEAN guidelines, and is up to date with all reporting requirements.  Redstone avoids commonly experienced issues and concerns through regular communication with HUD representatives. 

Our staff has the professional affiliations, education, and experience required to competently prepare LEAN appraisals and market studies.  Redstone's reporting content and format ensures a smooth review process and a minimum of back-end delays.  We regularly attend HUD-sponsored seminars and educational offerings in order to maintain our position as one of the leading LEAN consultants.

What can you expect from Redstone's LEAN market studies and appraisals?

• Market Study Index referencing LEAN checklist items

• Detailed “strengths and weaknesses” discussion

• Impact on value of land & improvements from private restrictions, easements, etc.

• Capitalization rates accurately reflecting risk

• Analysis of market need and location

• Market-supported income projections

• Realistic, market-derived operating expense projection

• Results of appraiser’s personal interviews with competitive administrators

• Absorption data from reliable sources

• Occupancy rate – actual and forecasted

 A thorough market analysis is a basic component of each Redstone report, and serves as a foundation for our conclusions and recommendations.  Our appraisals develop conclusions with respect to feasibility, quality of the improvements, duration of earning capacity, and other factors that have a bearing on economic soundness.  Redstone’s LEAN reports provide a solid foundation to support your strategic decision making process.