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Assignment:
1. Watch a Youtube documentary video entitled: Sam Zell - The Biggest Real Estate Owner in America (follow the link below).
Reference:
a. three (3) business principles of Mr. Sam Zell mentioned in the documentary video
b. real estate concept that was mentioned in the documentary video and explain briefly how it was put into practical use.
2. Estimate the Market Value of the subject property, applying any one or a combination of the three (3) approaches to value, namely: Market Data Approach, Income Capitalization, and the Cost Approach.
3. Three (3) differences or noticeable features between the Commissioner' Report and the previous appraisal reports.
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