MTS Journal

2019  •  Volume 35  •  Issue 1

This issue includes an announcement from ASA’s new CEO, Johnnie White, MBA, CAE, CMP. Other topics include data center appraisals, market trends, valuation of healthcare facilities, utility value vs collectible value and more.
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Articles from this Issue

MTS Journal Editorial

A special note from the Editors of ASA’s MTS Journal.
PAGE 4 Brad Hartsburg, ASA, CPPA, CSA

Chairman's Corner- An Introduction of ASA’s New CEO Mr. Johnnie White

Updates from ASA's MTS Committee.
PAGE 6 Samuel Shapiro, ASA

Governor's Bulletin

Important information and updates from MTS Discipline Governors.
PAGE 8 John Mathe, ASA and David Crick, ASA, MTS Governors

International Valuation Standards & Property Tax Valuations

A short summary of what property tax valuers need to know about the IVS.
PAGE 9 Paul Sanderson, JP, LLB (Hons), FRICS, FIRRV

When Utility Value Meets Collectible Value

The author gives his account of a recent assignment which challenged the separation of the MTS and Personal Property appraisal disciplines.
PAGE 14 Tim Roy, ASA

Appraisal Review, USPAP and Clarity

How appraisers can use the guidance of classic rhetoric, in conjunction with modern research on clarity and impact, to create reports of conclusive clarity and credibility.
PAGE 19 Jack Young, ASA, MTS/ARM, CPA

Real Estate Perspective on New Lease Accounting Standards

Lessees must now recognize an asset and liability for almost all leases. While there are some changes to the lease classification criteria, ASC 842 retains the majority of the criteria from ASC 840.
PAGE 27 John Corbett, MAI, ASA, FRICS & Marc R. Shapiro, MAI, MRICS

Valuation of Healthcare Facilities and Equipment

No other industry is more complex, heavily regulated and going through more change than healthcare. Get key insights into navigating the valuation of healthcare facilities and equipment.
PAGE 38 Jack Beckwith, ASA, CEA

Applying USPAP Fairly in a Review

The purpose of the article is to offer a better way to apply USPAP in reviews. The article distinguishes applying vs interpreting USPAP and suggests that all reviews should consider the potential damage to the appraiser, and more.
PAGE 39 Ted Whitmer, MAI AI-GRS CRE CCIM Attorney

Data Center Appraisals: Maximizing Accuracy in an Evolving Industry

This article highlights the growing and evolving data center industry, discusses the machinery and equipment appraiser’s role in this sector and proposes valuation considerations for data center appraisals.
PAGE 50 Zachary Rimler, ASA

Equipment Market Trends

Featured article from the Alta Asset Management Newsletter highlighting market trends in agriculture, aircraft, automobiles, computers, construction, machine tools, marine, medical, mining, oil/gas, plastic, power energy, telecom and more.
PAGE 53 Carl Chrappa, ASA, MRICS, IFA

Market Overview

A review some of the significant occurrences that happened in auction formatting, metalworking, plastics, woodworking, printing, and processing.
PAGE 66 Mike Clark