|
|
Jeffrey Nagasaki is a real estate consultant and real property appraiser who has enjoyed a successful career spanning over three decades.
A Real Estate Manager and Appraiser with more than three decades of experience, Jeffrey Nagasaki owns and operates Nagasaki & Associates in Torrance, California. Through this full-service property consulting firm, he provides rental and damage analysis, conducts appraisals, proffers litigation support, and a performs a litany of other services. Since starting the company five years ago, Jeffrey Nagasaki has consulted on major projects for the cities of Huntington Beach, South Pasadena, and Riverside, among others. His evaluations conform to the Uniform Standards of Professional Appraisal Practice. Jeffrey Nagasaki maintains membership in the Appraisal Institute and the Institute of Real Estate Management. To stay current with the latest developments in the real estate industry, Jeffrey Nagasaki attends professional seminars on topics such as partial acquisition, litigation, affordable housing projects, and special purpose properties. Jeffrey Nagasaki began studying real estate finance and financial management while earning a Bachelor of Science in Business Administration from California State University, Long Beach. After graduating, Jeffrey Nagasaki assumed responsibility for the valuation of properties as an Assistant Vice President with Security Pacific National Bank. After spending seven years with the bank, he became a principal and Senior Vice President at Lea Associates, Inc. for nearly 20 years. In this high-ranking position, Jeffrey Nagasaki gleaned valuable insight into various property rights, including fee simple, leasehold interest, and leased fee. Due to his real estate prowess, Jeffrey Nagasaki has served as an expert witness in numerous county superior courts throughout Southern California. In addition, Jeffrey Nagasaki has appeared as a witness in real estate valuation for binding and non-binding arbitration hearings.
Jeffrey Nagasaki's Schools
Jeffrey Nagasaki's Companies
Jeffrey Nagasaki's Publications
-
|
Partial Interest Valuation, Jeffrey T. Nagasaki
January, 2011
by Jeffrey T. Nagasaki
As Principal and Owner of the real estate and property appraisal firm Nagasaki & Associates in Torrance, California, I perform a wide range of real estate consultation and valuation services within the public and private sectors. Services I provide include property rights appraisals, market value studies, value diminution analysis, partial interests for estate planning, family limited partnerships, and several other related services.
Partial interests in real property result from dividing the fee simple ownership in a single property, or a group of properties, between multiple ownerships. Partial interest valuation is commonly undertaken for estate tax planning or estate tax valuation purposes but may also involve the dissolution of a business, divorce, or collateral valuation for a bank.
Partial interests lack liquidity and control by owners, since multiple owners share them. In many cases, the other owners must approve selling partial interest in a property. Because of this barrier to sale, partial interest discounts frequently reach 20 percent to 50 percent of the proportionate value of the entire property.
Partial interest valuation involves several steps, including conducting valuation of the entire property; determining the value of the proportionate share in the property through multiplying the entire property value by the percentage owed; calculating the appropriate discount for the partial interest; and finally determining the proportionate share value based on the partial interest discount.
These factors make partial interest valuations more complicated than most other types of valuations, with significant analytical knowledge and experience required. At Nagasaki & Associates, we often consult on partial interest matters, offering our skills and training applicable to even the most complex situations.
|
-
|
California State University, Long Beach, Jeffrey T. Nagasaki
February, 2011
Jeffrey Nagasaki graduated with a Bachelor of Science in Business from California State University, Long Beach, which, in terms of enrollment, is the third largest university in California. Offering some of the lowest student fees in the country, California State University, Long Beach can also boast one of the most racially diverse campuses in California and is home to the largest publicly funded art school operating in the western United States.
Established as a state college in 1949 by Earl Warren, who was then serving as Governor of California, CSULB’s initial growth matched the growing educational needs of southern California counties in the years following World War II. Eleven years into operations, the school then known as Los Angeles-Orange County State College was already serving more than 10,000 students. Six years after that, its student body had redoubled to 20,000. California State College, Long Beach took on its current moniker in 1968. In 1972, the California State University Board of Trustees decided bestow university status upon CSULB and 12 other state colleges. The decision was made after considering total enrollment, complexity and diversity within the institution’s curriculum, educational levels within the faculty, and the overall size of graduate programs. The college became the California State University, Long Beach.
In the fall semester of 2008, the total number of students was counted at 37,890. Cited repeatedly by The Princeton Review, one of the leading college ranking publications in the world, California State University, Long Beach often earns recognition as one of the best value colleges in America. The Princeton Review uses more than 30 different parameters while ranking colleges, including tuition cost, academic performance, and financial aid.
In 2007, California State University, Long Beach was named the third best value in the nation among public universities, an honor not shared by the other institutions in the California State University system. California State University, Long Beach garners acclaim from other prominent sources. For the last six years, the university has been featured in every annual “America’s Best Colleges Guide,” published by U.S. News and World Report.
|
|
