The McEnery Company was previously engaged by a regional banking client to complete an independent appraisal of the proposed RNGD Headquarters located in Jefferson Parish, Louisiana. The assignment’s intended use was for mortgage lending and financing purposes. The valuation analyzed the transformed property following a substantial multi-million-dollar renovation of an older, industrial building into a Class A corporate headquarters and training facility. The analysis incorporated the property’s enhanced functional utility, premium office buildout, and specialized training amenities in relation to the competitive market for high-quality owner-occupied and investment-grade office/industrial assets in the region.
