Private Lending Commercial Appraisals
Private lenders—debt funds, family offices, and individuals—have a range of valuation needs beyond hard money. We provide independent appraisals that help private lenders assess collateral, structure loans, and manage portfolios.
A private lending appraisal supports valuations for private, non-bank lenders across a range of lending scenarios—bridge loans, debt funds, mezzanine, and individual private lenders. It is an appraisal assignment, and the value definition (often as-is market value, sometimes as-stabilized) and report format are set to the lender's underwriting. The deliverable is an appraisal report with a supported value conclusion.
Private lending spans more than hard money: it includes longer-term bridge and mezzanine debt, debt funds managing portfolios, and individuals making asset-based loans. We do not make lending decisions, guarantee loan approval, or set loan-to-value. The lender determines terms and approval; we provide an independent, defensible opinion of value. Where the broader context is hard money specifically, see our Hard Money page.
When Clients Need This Service
Private lenders request valuations when underwriting a new loan, monitoring collateral in a portfolio, or restructuring a loan. The scope varies—some lenders need a full narrative appraisal, others a shorter format for speed. Borrowers may also order an independent valuation to understand their position, though the lender typically orders its own.
For example, a debt fund lending on a transitional office asset may want an as-is value and an as-stabilized value to size a bridge loan and model the exit. A private lender managing a portfolio may want updated values on collateral periodically. In each case, the appraisal gives the lender a credible basis to underwrite and manage risk.
What the Analysis Considers
The factors relevant to this assignment vary with the property and the question being asked. Depending on the agreed scope, the analysis may consider:
- As-is market value of the property in its current condition and occupancy
- As-stabilized value where a value-add plan is being financed, with stated assumptions
- The property's income, leases, and operating expenses
- Recent comparable sales and rentals for the property type
- The lender's reporting requirements and turnaround expectations
- Market conditions and liquidity for the property type
- Any environmental, title, or condition issues affecting collateral value
Not every assignment applies all three valuation approaches. The approaches used depend on the property type, available data, and the assignment's intended use.
Documents & Information That May Help
Providing the following can streamline an assignment, but not every item is required to begin. We can discuss what is available during the initial call.
Property address and loan scenario
If a loan is underway
Current rent roll and leases
If occupied
Repositioning or stabilization plan
For value-add loans
Lender appraisal requirements
Report format and value definitions
Any known condition, environmental, or title issues
How the Engagement Works
Every engagement begins with a conversation so the scope, fee, and timing fit the property and the question you need answered. A typical engagement moves through these stages:
Initial discussion
We confirm the property, the lending scenario, and the value definitions the lender needs.
Scope confirmation
We agree on as-is and/or as-stabilized scope, report format, fee, and delivery date.
Inspection & research
We inspect the property and research comparable sales and rentals.
Analysis
We conclude the required value(s) under the agreed definitions and assumptions.
Delivery
We deliver the report on the agreed schedule and answer the lender's follow-up questions.
Scope, fees, and timing depend on the property type, assignment complexity, and the report format the client or intended user requires. We confirm these in writing before work begins.
Frequently Asked Questions
Common questions about this service.
Request Your
Free Appraisal Quote
Tell us about your property and what you need the valuation to address. To help us respond quickly, please include the property address, property type, assignment purpose, the relevant valuation date, and your requested completion date.
Gold Rush Appraisal provides commercial real estate valuations across the Atlanta metro area. Call us directly or send the details through the form and we'll get back to you promptly.
404-882-7881