In the 1st Quarter of 2022, the McEnery Company was engaged by a regional bank to provide an opinion of the leased fee market value of The Outlet Collection at Riverwalk. This was a highly complex and intensive analysis, which required strong market data pertaining to the historic and forecasted performance of large-scale retail mall properties on a national level. Additionally, the McEnery Company examined numerous leases, market data, and operating expenses associated with the operation of this property. The purpose of the appraisal was to determine the leased fee market value of this trophy property for mortgage financing for the acquisition of the property.
