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Karvel

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Kar´vel
n.1.See Carvel, and Caravel.
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MAI; Jeffery Fisher and George Lentz; and Robert Martin, MAT, SREA, and Scott Nafe, MAT, present compelling arguments for the existence of BEV in regional malls, while Mark Kenney, MAT, SRPA; Kerry Vandell; and Peter Patchin and George Karvel cogently put forth the opposing point of view.
Business Enterprise Value: Introduction by Lennhoff, David / Appraisal Journal
George Karvel and Peter Patchin suggest: Freestanding retail stores, local strip centers, or neighborhood shopping centers are not appropriate sources of sale comparables for regional centers and malls.
How business enterprise value applies in nearly all appraisals by Owens, Robert W. / Appraisal Journal
Because of these problems, George Karvel and Peter Patchin argue that land under a mall cannot be valued properly by sales comparison, only through the land residual technique.
Business enterprise value: the debate continues by Kenney, Mark T. / Appraisal Journal
 
 
 
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