“No news is good news” is more than just a saying. It’s the outcome we strive for following the appraisal process. As an appraiser, it means we nailed that sweet spot and produced an accurate appraisal. The sweet spot is not a predetermined number or target, but rather a number that is within a comfortable…
Category: Real Estate and Reflections
2019 Greater MN Apartment Trends
Over the past several weeks (August and part of September 2019), Simonson Appraisals appraised 20+ apartment buildings across Minneapolis/St. Paul and greater Minnesota as part of a single portfolio. Appraisal portfolio assignments are excellent projects as it allows us the time and resources to do a deeper dive into value trends impacting the property sector…
The Entrepreneurial Itch
Hi, my name is Mitch Simonson, founder of Simonson Appraisals, a commercial real estate appraisal and consulting firm I founded on January 1st, 2019. Today I want to share a few thoughts on a topic I’m extremely passionate about, and one I’m getting more requests on. It’s from individuals who are in a position they’ve…
College Intern
6-24-2019 I’m excited to spend the first day bringing in Justin Tolkkinen, a college intern who is a Finance major at St. Cloud State University – Herberger Business School. He will be working with Simonson Appraisals for the summer helping the appraisers and doing a deep dive into the commercial real estate appraisal profession! I…
Work Hard, Play Harder
Work Hard, Play Harder is one of my favorite mantras. I love working hard because it is the fuel that allows me to play harder with my family and pursue those hobbies and passions that allow me to live a fully charged life! This past weekend, I spent four days with my dad, brothers and…
Mentors in Life and Real Estate
Who is a great mentor in your life? On a recent RV road trip to Montana with my family (my favorite family activity!), I found myself driving late at night while everyone was sleeping with the time and mental space to contemplate and reflect on my life! For me, windshield time on longer distance road…