Location, Location, Location: Premium Sites and Healthcare Real Estate
June 15, 2021
Kristin M. Herrmann, MAI specializes in providing Real Estate Appraisal Services for healthcare-related properties throughout the United States. Ms. Herrmann’s valuation experience includes estimating Fair Market Value and Fair Market Rent for Stark Law compliance, financing, acquisitions, and internal planning purposes for both medical and non-medical properties as well as valuation-related consulting services. Ms. Herrmann has experience with the valuation of healthcare properties such as medical office properties, hospitals, emergency rooms, urgent care facilities, ambulatory surgery centers, and diagnostic imaging facilities.
Prior to joining VMG Health, Ms. Herrmann was an appraiser at Newmark Knight Frank in Denver (formerly Integra Realty Resources), where she served a wide range of clients and provided Appraisal Services in connection with various commercial property types, including medical office buildings and other healthcare-related assets. In addition to her experience as a commercial appraiser, she also has experience in the following sectors of the financial industry: reverse-engineering cashflow models and providing third-party portfolio pricing for commercial mortgage-backed securities, conducting compliance audits as a contractor for the FDIC at banks engaged in Loss Share Agreements, performing loan file audits of commercial loan portfolios, and self-constructing a robust discounted cashflow model (which was audited and validated by a Big 4 accounting firm) for the valuation of commercial mortgage portfolios for acquisitions.
Ms. Herrmann graduated from SUNY Binghamton in 2004 with a Bachelor of Science in Management (Finance). Ms. Herrmann is a certified general real estate appraiser within the State of North Carolina (among others) and is a Member of the Appraisal Institute (MAI).