3 Factors in the Certification of Real Estate Class Actions and How an Expert Can Help

While our work here at Greenfield Advisors is often varied, we tend to work on many class action real estate cases. That’s partially because we do a lot of complicated statistical modeling (known as regression analysis, a type of mass appraisal) that many firms won’t tackle, but it’s also […]

Certifying the Real Estate Damages Class – An Appraiser’s Perspective

This article reviews the basic underpinnings of real estate valuation and appraisal methods as they are applied in mass tort. It then summarizes the appraisal perspective on six categories of questions addressed in recent, successful class certifications:

Do individual property idiosyncrasies cause mass appraisal methods to violate Daubert?
Can the mass […]

Appraising Real Estate in Complex Environmental Class Actions: An Expert’s View

Class actions dealing with real property contamination often require some method of valuing the properties. Individual appraisals on those properties are not required; mass appraisal methods meet both the Frye and Daubert tests and can be superior to individual methods in class actions or mass torts. Professional appraisal standards […]

Real Estate Issues in Class Certification

Class actions dealing with real estate matters often require some method of valuing the properties in question. Individual appraisals on those properties are not required, according to John A. Kilpatrick, Ph.D., an expert in real estate appraisal and analysis. Kilpatrick says that professional appraisal standards provide standard rules for […]