HROP Law

THK Associates, Inc. represented seven landowners as an expert for HROP Law. The seven properties were being condemned by the Burlington North Santa Fe Railroad for a multi-modal container terminal rail facility. THK provided appraisals and assessments of damages, when applicable, for the seven properties. Five of the cases required depositions and three properties were tried by Commission or Jury. In each case, the award or settlement was significantly higher than what the BNSF Railroad initially offered.

Location

Weld County, CO

Services

Appraisal & Expert Testimony

Related Projects

Snell & Wilmer

Snell & Wilmer

Services: Expert Testimony
Location: Verano in San Antonio, Texas
Snell & Wilmer of Las Vegas retained THK Associates to prepare market feasibility and appraisal research to help defend the law firm of Norton Rose Fulbright and Jaworski in a malpractice lawsuit resulting from the poor market performance of the Verano Master Planned Community in suburban San Antonio. THK prepared historical and projected market research for residential and commercial land uses to demonstrate that the poor market performance of Verano was a result of the recession of 2008 and not related to the performance of the law firm.

McKool Smith of Dallas – Lake Las Vegas

McKool Smith of Dallas – Lake Las Vegas

Services: Retroactive Market Analyses/ Appraisal/ Expert Testimony
Location: Las Vegas, Nevada
Lake Las Vegas is a large master planned community in Henderson, Nevada. The community was planned for three golf courses, casinos, hotels and a variety of home types. The developer created a master plan that was not supported in the marketplace, but the developer obtained a $500,000,000 loan and dispersed the funds, leaving the project insolvent. The law firm of McKool Smith of Dallas, retained THK Associates, Inc. to prepare retroactive market analyses and appraisals for all the land uses, private and public golf courses, significant resort/residential uses, hotel, and retail commercial uses, to demonstrate the lack of market support and overvaluation of the community by their appraisers. Depositions were given and the case settled before trial. THK’s market feasibility and appraisal resulted in a very substantial settlement for the client.

Presidio Golf Course

Presidio Golf Course

Services: Golf Course Operations Analysis and Appraisal
Location: San Francisco, California
The iconic Presidio property, once a military operation, offered a multitude of uses including a championship golf course. The golf course was managed by a private operator with a long-term lease. As the lease was nearing expiration, THK Associates, Inc. prepared an extensive golf course market analysis and valuation of the facility to assist the Presidio in negotiating a more favorable lease.