HOUSE_OVERSIGHT_018807.jpg

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Extraction Summary

1
People
4
Organizations
2
Locations
3
Events
2
Relationships
3
Quotes

Document Information

Type: Appraisal report
File Size: 1.8 MB
Summary

This document is page 2 of a property appraisal report, dated December 15, 2015, prepared for Roberto A. Soltero of Banco Popular de Puerto Rico. The report values a 250-slip marina property in the Virgin Islands at a market value of $24,360,000 as of November 25, 2015, and details the allocation of this value between tangible assets.

People (1)

Name Role Context
Roberto A. Soltero Recipient of Report
The appraisal report is addressed to Roberto A. Soltero of Banco Popular de Puerto Rico.

Organizations (4)

Name Type Context
Banco Popular de Puerto Rico
The recipient organization for the appraisal report.
Integra Realty Resources
The firm whose internal standards were used for the Appraisal Report. The 'irr.' logo is present at the bottom of the...
Government of the Virgin Islands
Leases 3.2 acres of seabed to the owner of the appraised marina property.
HOUSE_OVERSIGHT
A document label at the bottom of the page, likely indicating it was part of a production to the U.S. House Committee...

Timeline (3 events)

1991-1995
Construction period for the marina docks, which were constructed in multiple phases.
Virgin Islands
1993
Year when the majority of construction for the 5 commercial buildings was completed.
Virgin Islands
November 25, 2015
The effective date of the property appraisal, resulting in a market value conclusion of $24,360,000.
Virgin Islands
Integra Realty Resources (appraiser) Banco Popular de Puerto Rico (client)

Locations (2)

Location Context
The location of the appraised marina property. The Government of the Virgin Islands is mentioned as the lessor of the...
Location of Banco Popular, the recipient of the report.

Relationships (2)

Property Owner (unnamed) Lessee-Lessor Government of the Virgin Islands
The document states that 3.2 acres of seabed are leased to the property owner from the Government of the Virgin Islands.
Integra Realty Resources (implied) Service Provider-Client Roberto A. Soltero (Banco Popular de Puerto Rico)
The document is an appraisal report from Integra Realty Resources (implied by logo and standards) addressed to Roberto A. Soltero at Banco Popular de Puerto Rico.

Key Quotes (3)

"The subject is an existing 250-slip marina with 5 commercial buildings containing a mixture of retail and office space types."
Source
HOUSE_OVERSIGHT_018807.jpg
Quote #1
"The property also includes 3.2 acres of seabed under the marina dock structures which is leased to the property owner from the Government of the Virgin Islands."
Source
HOUSE_OVERSIGHT_018807.jpg
Quote #2
"Value Conclusion: $24,360,000"
Source
HOUSE_OVERSIGHT_018807.jpg
Quote #3

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