David L. Beal established his professional real estate consulting and appraisal company in Atlanta in 1989, and now has offices in Amelia Island, Florida, covering the entire southeastern United States. Its specialties include:
Beal’s expertise and his extensive background in commercial real estate enables him to bring a depth of knowledge to his clients equaled by few others in the business. Coupled with his outstanding reputation for unbending ethics, Beal Consulting Group, Inc., offers unerring counsel to clients as diverse as:
Areas of Expertise and Property Types
With more than 30 years of extensive experience in real estate valuation and investment analysis, Mr. Beal's experience includes a diversified background in the valuation and evaluation of real estate.
These analyses have been used for a wide range of applications including
Areas of specialization include:
Geographic Range
In addition to his broad range of experience, Mr. Beal has studied, appraised, and consulted on real estate in more than 25 states and Canada, with considerable emphasis as noted above in the market value appraisal section.
Educational and Professional Background
In addition to his geographic range and his expertise in such a wide range of market appraisals and market studies, Mr. Beal’s certification and education include:
Georgia (CG-1617)
His experience involved professional stints at some of the biggest and most prestigious consulting firms in the country, including Arthur Andersen & Co., Laventhol & Horwath, Coldwell Banker Real Estate Appraisal Services, and Merrill Lynch Real Estate Advisory and Appraisal Group.
Apartment Complexes/Multi-Family Properties
As the housing market in the U.S. continues to evolve, apartments and multi-family properties become even more integral to the real estate mix. As more and more families choose to rent rather than buy, accurate and timely appraisals of multi-family properties are more essential to both the investor and to the financial institution making the investment.
Beal Consulting Group, Inc., offers a level of depth and breadth for the multi-family market, throughout the U.S.
Banks and Financial Investor Experience
In working directly with troubled financial institutions, or with institutions that are attempting to work with federal regulators, David Beal brings a depth of knowledge and a set of skills to bring about effective change. In re-establishing portfolios of properties, clients depend on Mr. Beal to “right the ship” before more onerous actions are required.
Services for institutions include:
Industrial Buildings
As one of the mainstays of the commercial real estate market, industrial buildings play an important role both in the economy and in a bank’s loan portfolio and a company’s balance sheet. Integral to those facets is the value -- and accurate valuation -- of the industrial building. With experience appraising industrial buildings in locations as diverse as Canada and Fitzgerald, Ga., Beal Consulting Group offers a wider array of expertise than most other consultants. Industrial building appraised include operations such as 1 million+-square-foot state-of-the-art distribution facilities, to a 1-million-square-foot pulp and paper mill to a 15,000-sqare-foot “cut-and-sew operation” located in a rural setting. Client types include lenders, owners, investors, and attorneys.
Luxury/High-Rise Condominiums
In today’s volatile market, the value of luxury and/or high-rise condominiums can fluctuate wildly. Valuation of these types of properties requires an in-depth and long-standing understanding of real estate and its ups and downs. Beal Consulting Group has furnished consulting for lenders and owners for financing, market studies, and property tax arbitration since 1980, with an awareness of market shifts and their effect on the luxury and high-end multi-family product market.
Office Complexes and Individual Buildings
Office complexes and office buildings provide some of the best segments of an institution’s loan portfolio. Ensuring that those complexes and their individual buildings meet the standards expected of such important investments is key. Beal Consulting Group offers apprisal, litigations upport, property tax consulting, and new product market studies for the office investor/user.
Malls (Regional) and Shopping Centers (Neighborhood and Community)
As the real estate market fluctuates on a month-to-month basis, retail -- especially malls and shopping centers -- can take some of the biggest hits in terms of value. When economic news ticks up, retail followings closely. Unfortunately, the inverse is true. With that type of fluctuation, a credible, ethical and intelligent approach to valuation is essential. Analysis of tenancy co-dependency and tenant mix recommendations for existing product re-branding or repositioning, or new product development, is paramount for a successful venture or development. In the mall and shopping center category, BCG is an important part of the team.
Vacant Land
Vacant land, improved to its highest and best use, is a key element for investors and owners alike. To ensure the appropriate development, a credible market study, performed by someone who knows the ins and outs of the market, is essential. BCG is that company to ensure a quality, creative, and reflective market study.
If the land is to remain vacant to hold as a speculative investment, an appraisal and/or market study is the best way to understand the present and future potential of that land. BCG, again, has untold numbers of jobs involving the valuation of vacant land. By engaging the company, investors are assured that their capital will be well represented.
- commercial market studies and appraisals
- financial institution regulatory compliance consulting and administration
- litigation support
- arbitrations/mediations
- student housing market studies and research
Beal’s expertise and his extensive background in commercial real estate enables him to bring a depth of knowledge to his clients equaled by few others in the business. Coupled with his outstanding reputation for unbending ethics, Beal Consulting Group, Inc., offers unerring counsel to clients as diverse as:
- financial institutions
- law firms
- CPA, accounting and fiduciary firms
- governmental entities
- corporations
- investors
- owners
- public utility companies
Areas of Expertise and Property Types
With more than 30 years of extensive experience in real estate valuation and investment analysis, Mr. Beal's experience includes a diversified background in the valuation and evaluation of real estate.
These analyses have been used for a wide range of applications including
- market value appraisals
- appraisal support for financing
- estate valuation
- litigation support
- leasehold, leased fee estates and other partial interest valuations
- market rent studies for a variety of HUD and other regulatory agencies
Areas of specialization include:
- Market value appraisal of:
- agricultural and timber land
- office buildings
- regional malls
- regional wholesale marts
- local retail
- golf and resort properties (strategic partnership)
- distribution facilities
- industrial and manufacturing buildings
- garden-style and elevator-served apartments
- student housing
- apartments
- low-income housing tax credit apartments
- subdivisions
- hotels (strategic partnership)
- Litigation support services for various valuation and consulting roles
- Serving as independent, third person arbitrator for valuation conflicts
- Market and financial feasibility studies for:
- existing or proposed development projects with particular emphasis in
- student housing
- subdivisions
- apartments
- low income housing tax credit apartments
- local, community and regional retail, office, residential and hotel properties
- Investment consulting and appraisal services via lease-by-lease analysis and discounted cash flow projections utilizing ARGUS software
- Expert Witness, including testimony in state and federal court (for valuation, zoning matters, and the impact of zoning on property valuation)
- Market rent studies for various mark-to-market programs as required by governmental regulatory agencies
- Sole, independent arbitrator for real estate tax appeals and independent third arbitrator for real estate and personal property tax appeals
Geographic Range
In addition to his broad range of experience, Mr. Beal has studied, appraised, and consulted on real estate in more than 25 states and Canada, with considerable emphasis as noted above in the market value appraisal section.
Educational and Professional Background
In addition to his geographic range and his expertise in such a wide range of market appraisals and market studies, Mr. Beal’s certification and education include:
- member of the Appraisal Institute (MAI designation) and certified with the continuing education program of this organization
- certified general real estate appraiser in good standing in the states of
Georgia (CG-1617)
- chair of his city’s Planning and Advisory Board (zoning commission) and a member of the American Planning Association
- three years as chair of the education committee and 10+ year member of the admissions committee of the local chapter
- Bachelor of Business Administration in Real Estate and Urban Development from the University of Georgia
His experience involved professional stints at some of the biggest and most prestigious consulting firms in the country, including Arthur Andersen & Co., Laventhol & Horwath, Coldwell Banker Real Estate Appraisal Services, and Merrill Lynch Real Estate Advisory and Appraisal Group.
Apartment Complexes/Multi-Family Properties
As the housing market in the U.S. continues to evolve, apartments and multi-family properties become even more integral to the real estate mix. As more and more families choose to rent rather than buy, accurate and timely appraisals of multi-family properties are more essential to both the investor and to the financial institution making the investment.
Beal Consulting Group, Inc., offers a level of depth and breadth for the multi-family market, throughout the U.S.
Banks and Financial Investor Experience
In working directly with troubled financial institutions, or with institutions that are attempting to work with federal regulators, David Beal brings a depth of knowledge and a set of skills to bring about effective change. In re-establishing portfolios of properties, clients depend on Mr. Beal to “right the ship” before more onerous actions are required.
Services for institutions include:
- Review appraisal services, prepared in accordance with Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation (USPAP) and the Standards of Professional Practice and the Code of Professional Ethics of the Appraisal Institute
- Engagement letters developed and implemented specifically for property type and complexity of residential and commercial properties.
- Review and updating of existing Approved Appraiser List, with appropriate modifications
- Interview, rate and engage appraisers
- Request and review in-house work product
- Establish review forms (long form and short form) for single family and commercial reports. Form style employed will depend on property size and bank exposure
- Review Single Family Residential House or Lot Appraisal Reports
- Review all other Real Estate Appraisal Reports
- Engage Real Estate Appraisal Reports by discussing the assignment with appropriate appraisers and selecting the most appropriate based on ability for the assignment, timing and fee
- Participate in Loan Committee Meetings
- Participate and remain on-call for consultation and professional/financial/real estate guidance
- Appear as an expert witness in any court or other hearing, meeting or proceeding, formal or informal
Industrial Buildings
As one of the mainstays of the commercial real estate market, industrial buildings play an important role both in the economy and in a bank’s loan portfolio and a company’s balance sheet. Integral to those facets is the value -- and accurate valuation -- of the industrial building. With experience appraising industrial buildings in locations as diverse as Canada and Fitzgerald, Ga., Beal Consulting Group offers a wider array of expertise than most other consultants. Industrial building appraised include operations such as 1 million+-square-foot state-of-the-art distribution facilities, to a 1-million-square-foot pulp and paper mill to a 15,000-sqare-foot “cut-and-sew operation” located in a rural setting. Client types include lenders, owners, investors, and attorneys.
Luxury/High-Rise Condominiums
In today’s volatile market, the value of luxury and/or high-rise condominiums can fluctuate wildly. Valuation of these types of properties requires an in-depth and long-standing understanding of real estate and its ups and downs. Beal Consulting Group has furnished consulting for lenders and owners for financing, market studies, and property tax arbitration since 1980, with an awareness of market shifts and their effect on the luxury and high-end multi-family product market.
Office Complexes and Individual Buildings
Office complexes and office buildings provide some of the best segments of an institution’s loan portfolio. Ensuring that those complexes and their individual buildings meet the standards expected of such important investments is key. Beal Consulting Group offers apprisal, litigations upport, property tax consulting, and new product market studies for the office investor/user.
Malls (Regional) and Shopping Centers (Neighborhood and Community)
As the real estate market fluctuates on a month-to-month basis, retail -- especially malls and shopping centers -- can take some of the biggest hits in terms of value. When economic news ticks up, retail followings closely. Unfortunately, the inverse is true. With that type of fluctuation, a credible, ethical and intelligent approach to valuation is essential. Analysis of tenancy co-dependency and tenant mix recommendations for existing product re-branding or repositioning, or new product development, is paramount for a successful venture or development. In the mall and shopping center category, BCG is an important part of the team.
Vacant Land
Vacant land, improved to its highest and best use, is a key element for investors and owners alike. To ensure the appropriate development, a credible market study, performed by someone who knows the ins and outs of the market, is essential. BCG is that company to ensure a quality, creative, and reflective market study.
If the land is to remain vacant to hold as a speculative investment, an appraisal and/or market study is the best way to understand the present and future potential of that land. BCG, again, has untold numbers of jobs involving the valuation of vacant land. By engaging the company, investors are assured that their capital will be well represented.