Appraisal of Hospitals, Nursing Homes, Senior Appraisal of Public Buildings, Land, and Religious Buildings/Institutions Federal Appraisal is specially qualified to appraise public and religious buildings because we have decades of experience conducting complex cost analyses for such properties and many of our other complex property specialties. We have years of experience appraising: municipal buildings, public buildings, parks, and special land improvements churches, temples, mosques, and other types of religious buildings public infrastructure and utilities schools, colleges, orphanages, and dormitories stadiums, theaters, and arenas hospitals land marked properties special land and land rights, rights of way, easements, and conservation easements Appraisals may be needed for a variety of purposes, including: acquisition or disposition due diligence condemnation litigation insurance underwriting damages GAAP accounting

Appraisal of Hospitals, Nursing Homes, Senior Housing Hospitals, medical offices/practices, nursing homes, and senior housing are often classified as special purpose properties. Furthermore, these assets often entail a combination of business intangibles, personal property (machinery, equipment, fixtures, and furnishings), and of course, real property. Depending on the purpose and use of the appraisal, these asset characteristics will be critical to the scope of work of the appraisal. Because of our uncommon expertise in business appraisal, personal property appraisal, and real property appraisal, Federal Appraisal LLC is uniquely qualified to appraise hospitals, medical offices/practices, nursing homes, and senior housing. Our appraisals of hospitals, medical offices/practices, nursing homes, and senior housing have been used for numerous purposes including: financing, development, feasibility, marketing investing due diligence, acquisition, disposition, equity, and debt tax management, property taxes, income taxes, and sales and transfer taxes gift and estate planning litigation tax and investor reporting, IRS, depreciation, cost segregation, purchase price allocation, and ASC 805

Infrastructure Appraisal Federal Appraisal specializes in infrastructure appraisals. Infrastructure may include roads, rail roads, bridges, stadiums, water and/or sewer facilities, power plants, refineries, telecommunications assets, and transmission and distribution lines/systems (electric, telecom, natural gas, petroleum, water). Since we are a multi-disciplined appraisal group, we are uniquely qualified to provide such appraisal services. With years of experience, our infrastructure appraisals have been accepted in courts across the country.

Telecom Facilities This asset type has exploded onto the industry with issues surrounding cell towers, antenna pads on land and on roof tops, easements and right of way issues for copper and fiber options, telecom buildings and incubators, network access portals, and technology housing facilities. These assets are expensive to build because they consist of the many costly building elements with short functional life spans. Analyzing such assets requires a special application of valuation and economic theory and market research. Federal often assists its clients in need of consulting services with bridging their experience gap between their traditional real estate practices and the telecom industry.