In April 2015, EAC was awarded both Machinery and Equipment, as well as Real Estate contracts for a worldwide leading producer of livestock bedding. The subject Real Estate consisted of a 20,000 square foot building, located on 5 acres of property in The State of New York. The purpose of the appraisals was to estimate the Fair Market Value of the Machinery and Equipment, as well as Real Estate in order to provide a basis for internal planning. The appraisal was conducted and all reports were prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP). The appraisals also conformed to the requirements of the 1989 Financial Institutions Reform, Recovery and Enforcement Act (FIRREA).
‣ Industry: Livestock Bedding Producer
‣ Standard of Value: Fair Market Value