01
A property-intensive PPA
When an ASC 805 allocation includes both real estate and operating-business value, and the components must be separated for audit, tax, and impairment purposes.
Most relevant service · PPA / ASC 805
When to call LHM
Six situations where a generic appraisal or a generic business valuation is not enough.
Use this page to assess fit before reaching out. If the matter you are scoping resembles one of the situations below, LHM is likely a useful conversation. If it does not, we will say so directly.
-
-
02
A 409A with a complex cap table
When preferred rights, convertibles, SAFEs, secondaries, or contingent scenarios make a standard 409A insufficient, and OPM, PWERM, or Monte Carlo are on the table.
Most relevant service · 409A and Complex Securities
-
03
A going-concern real estate matter
When the real estate cannot be valued without reference to operating performance: hospitality, senior living, healthcare, cannabis, specialized industrial.
Most relevant service · Going-Concern Real Estate
-
04
An estate or gift involving a property-rich operating company
When holding companies, related-party real estate, fractional interests, and control / marketability questions all sit inside one estate.
Most relevant service · Estate and Gift Valuation
-
05
An audit firm that needs a concurring or reviewing valuator
When an audit team needs an independent perspective on a third-party valuation, particularly on complex securities, ASC 350/360, or contingent consideration.
Most relevant service · Portfolio and Fund Valuation
-
06
A dispute that crosses real-property and enterprise-value lines
When a litigation matter requires testimony or supporting analysis that integrates real estate appraisal, business valuation, and capital-structure analysis.
Most relevant service · Litigation and Dispute Support
Straightforward assignments
Standard assignments are welcome too.
The six situations above are where the two disciplines matter most, but a conventional business valuation or a straightforward commercial real estate appraisal gets the same attention: a clear scope, a defined timeline, and a report written for the people who will rely on it. If you are not sure which category your matter falls into, a short conversation settles it.
Talk through your situation
Most engagements begin with a 20 to 30 minute confidential conversation about scope, timing, and the right analytical path. There is no charge for an initial conversation.